What you need to know about CARE and Crypto Donations
How have crypto donations helped save lives?
Gifts are immediately invested in high-impact solutions, including projects that test the use of blockchain technology and cryptocurrencies as a viable and effective option to deliver aid to people in need. CARE can take your crypto donation and put it to work immediately to support urgent needs. We use crypto donations to get cash into the hands of families who need it to buy food, to help women access health services quickly, and to help in high periods of emergency and crisis.
Which cryptocurrencies does CARE accept?
CARE accepts donations in Bitcoin, Ethereum, and nearly a hundred other cryptocurrencies through The Giving Block and Endaoment. Please visit our crypto donation page and go to “Select Your Crypto” on the widget to see the latest list of cryptocurrencies.
Is my crypto donation anonymous?
Yes, you can donate anonymously. Please note you will not receive a tax receipt unless you provide your email address.
Is it tax deductible?
Yes, your cryptocurrency donation is tax deductible.* CARE offers supporters who want to donate cryptocurrency to CARE the ability to donate in a tax-efficient way. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax-deductible. Your contribution is tax-deductible to the fullest extent permitted by law. *Subject to change. Please consult your tax advisor.
What is an NFT?
Non-fungible tokens (NFTs) are a part of the crypto and blockchain landscape. In layman’s terms, you can think of NFTs as a kind of data file that can be transferred between owners through digital transactions on a blockchain.
Are all NFTs related to art?
Much of the earlier market for NFTs was centered around digital art and collectibles, but it has evolved into much more. NFTs can represent digital or real-world items like artwork and real estate.
Can I sell an NFT and give the proceeds to CARE?
Yes, we would greatly appreciate the proceeds of an NFT sale or auction to help people around the world. Please click here for information on NFT project set up steps.
How can I donate cryptocurrency to CARE?
We welcome your crypto donations and take nearly a hundred forms of crypto. Please donate here.
If you have any questions, please contact Ant. Mathis at email@example.com.