By donating cryptocurrency (crypto for short), you can make an important investment in PEER. Giving with crypto is an easy and safe way to make an outsized gift to PEER’s work. Simply use the Giving Block platform to send us your gift. Gifts of crypto are automatically sold and deposited to PEER’s account, so you can be sure that we are using your investment immediately to protect those that protect our environment.
Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. The IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. This makes Bitcoin and other cryptocurrency donations one of the most tax efficient ways to support your favorite cause. If you want to learn more about how donating crypto can lower your taxes, check out thegivingblock.com/faq or talk to a crypto-savvy tax professional.
Please note that crypto donations made to PEER support the entire mission and will not be designated to a specific campaign or location. Your gift will be used where it is needed most.
Read more about donating cryptocurrency through Giving Block at thegivingblock.com/faq.
For more information about donating cryptocurrency to PEER, contact Helen Jenkins at email@example.com or (202) 524-4399.
What is cryptocurrency?
Why is PEER accepting cryptocurrency?
Does PEER accept all types of cryptocurrencies?
How does PEER process and accept Cryptocurrencies?
To learn more about the power of crypto philanthropy read The Giving Block’s annual report.
Are cryptocurrencies bad for the environment?
To learn more about the nuances of the energy use of Bitcoin and other cryptocurrencies below are some helpful articles.
- Harvard Business Review: How Much Energy Does Bitcoin Actually Consume?
- Forbes: Crypto Energy Consumption Enormous But It Needn’t Be, Congressional Panel Hears
- The Guardian: Climate groups say a change in coding can reduce bitcoin energy consumption by 99%
- Galaxy Digital Mining via Medium: On Bitcoin’s Energy Consumption: A Quantitative Approach to a Subjective Question