Cryptocurrency donations are fast, secure, transparent, and may be more cost effective than other methods. It also gets more money directly in the hands of the nonprofits you care about most, while also providing additional tax benefits to donors.
Pledgeling Foundation receives your cryptocurrency gift and immediately converts it to US dollars before disbursing to the nonprofit of your choice. We will then send you a tax receipt for your donation.
If you have appreciated cryptocurrency, you may receive tax benefits in the form of reduced capital gains tax, in addition to the usual deduction for charitable donations (if you itemize your deductions). Consult your tax advisor about your specific situation.
Your donation goes to Pledge’s 501(c)(3) Pledgeling Foundation. Your tax receipt will reflect your gift having been made to that intermediary nonprofit. Then, your gift will be converted to US dollars, which will be sent directly to the charity of your choice. 3% of your donation is donated to the Pledgeling Foundation to manage the crypto-exchange through our integration with Coinbase.