YES
Your Nonprofit Can Accept Donations in Cryptocurrency •-> which has reached over $2 trillion. Yes it fluctuates, but it’s not going anywhere (ever).
In America, the IRS incentivizes donations of crypto and stocks donated to charity.
WHAT IS PROPERTY?
Cryptocurrency.
Your digital currency donation is indicative of property donations. WHICH MEANS THERE IS A NONTAXABLE EVENT. Anyone paying taxes can Chester Cheetah smile right now!
HOW DO I RECEIVE CRYPTO DONATIONS ON BEHALF OF MY NPO?
1. Set up your digital currency wallet.
T H E E N D
*In a recent study, Fidelity Charitable found crypto owners to be more charitable than the typical investor, but 46 percent of these donors noted it was difficult to find nonprofits that accept cryptocurrency donations. (Don’t be one of them).