TOGETHER WE CAN CREATE A WORLD FREE FROM AIDS, FOR EVERYONE.
The Elton John AIDS Foundation now accepts cryptocurrency donations through The Giving Block, which allows non-profits to directly receive your holdings as tax-deductible contributions.
We have made incredible advances in HIV treatment, but we still have a long way to go. Your donation supports our mission to bring an end to the stigma and discrimination that prevent us from ending the AIDS epidemic, and to ensure everyone – no matter who or where you are – has access to compassionate HIV care.
To contact us with any questions about making a crypto donation, please send us an email at fundraising@eltonjohnaidsfoundation.org
Why donate crypto
1
Tax-Deductibility
Crypto donations are one of the most tax-efficient ways to give to causes you care about most. The IRS classifies cryptocurrency donations as property, and it is a non-taxable event for givers and receivers. Your contribution is tax-deductible in the United States to the fullest extent permitted by current law and supports our mission in a tax-efficient way.
2
Offset Capital Gains
For donors in the United States, the IRS has classified Bitcoin as property for tax purposes, just like stocks. This means that when you donate Bitcoin and other cryptocurrencies to a 501(c)(3) like the Elton John AIDS Foundation, you may not have to pay capital gains tax. If you transfer to another cryptocurrency or to fiat prior to donating, you could lose the full tax benefit of donating directly to a non-profit in cryptocurrency.
3
Increase Crypto Adoption
There are as many as 68 million blockchain wallet users worldwide as of February 2021. As a quick, easy and convenient option for those individuals, The Giving Block helps non-profits accept cryptocurrency donations to encourage greater mainstream adoption and destigmatize its use. Your donation helps normalize cryptocurrency as an option to give to the greater good.
Frequently Asked Questions
How can I donate cryptocurrency to Elton John AIDS Foundation?
Donating crypto is safe, easy, and fast. Using the widget on this page, making a charitable gift is a quick three-step process:
– Select your preferred crypto and enter your gift amount
– Type in your email and information (or choose to give anonymously)
– Make your gift!
Upon making a donation, you can elect to receive an automatically generated tax receipt that will be sent to the email address you provide. This confirmation of your donation will help you close the loop when calculating your taxes.
Crypto charitable donations are processed quickly and safely with The Giving Block and Gemini Trust Exchange.
Cryptocurrency donations are not refundable. No goods, services or airdrops will be offered in exchange for cryptocurrency donations.
Why does Elton John AIDS Foundation accept cryptocurrency?
Crypto Philanthropy is a new and exciting fundraising avenue for non-profit organisations like Elton John AIDS Foundation. With more than 220 million crypto users worldwide and the value of many cryptocurrencies rising, the crypto community is in a position to make a wide-reaching impact on our mission to end the AIDS epidemic. Donating crypto is also one of the most tax-efficient ways for individuals to support causes that matter to them. We are excited about what the future holds in the crypto and blockchain space, and believe that we’ve just scratched the surface of its true fundraising potential.
Please consult your accountant, attorney, or financial advisor to ensure your gift is tax-deductible to the fullest extent permitted by current law.
Which cryptocurrencies do you accept?
We currently accept more than 70 cryptocurrencies, including: Bitcoin (BTC) Ethereum (ETH) Aave (AAVE) Alchemix (ALCX) Amp (AMP) Ankr Network (ANKR) ApeCOIN (APE) API3 (API3) Axie Infinity Shards (AXS) Audius (AUDIO) Balancer (BAL) Bancor Network Token (BNT) BarnBridge (BOND) Basic Attention Token (BAT) Bitcoin Cash (BCH) ChainLink (LINK) Civic (CVC) Compound (COMP) Curve (CRV) Dai (DAI) Decentraland (MANA) DeFI Pulse Index(DPI) Dogecoin (DOGE) Dogelon Mars (ELON) Enjin Coin (ENJ) Ethereum Name Service (ENS) Fantom (FTM) Fetch AI (FET) Filecoin (FIL) Gala (GALA) Gemini Dollar (GUSD) Injective Protocol (INJ) Keep3r (KP3R) Kyber Network (KNC) Lido (LDO) Liquity(LQTY) Liquity USD(LUSD) Litecoin (LTC) Livepeer (LPT) Loopring (LRC) Magic Internet Money (MIM) Maker (MKR) Maple Finance (MPL) Mask Network (MASK) Merit Circle (MC) Mirror Protocol (MIR) Moss Carbon Credit (MCO2) Numeraire (NMR) Orchid (OXT) PAX Gold (PAXG) Polygon (MATIC) Quant (QNT) Radicle Rally(RLY) Raydium(RAY) Radicle (RAD) Ren (REN) Render Token (RNDR) Saber(SBR) Shiba Inu (SHIB) Skale (SKL) Smooth Love Potion (SLP) Solana (SOL) Somnium Space (CUBE) Spell Token (SPELL) Storj (STORJ) SushiSwap (SUSHI) Synthetix (SNX) Terra (LUNA) TerraUSD (UST) Tezos (XTZ) The Graph (GRT) The Sandbox (SAND) UMA (UMA) Uniswap (UNI) USD Coin (USDC) Wrapped Centrifuge (wCFG) Yearn.Finance (YFI) Zcash (ZEC) 0x (ZRX) 1inch (1INCH)
We are continually in the process of adding support for new cryptocurrencies, so please check back soon for more giving options.
Please only send the exact cryptocurrency listed on the blockchain mentioned on the widget. Do not send any other cryptocurrencies (including layer 2, wrapped tokens, NFTs or other ERC-20 tokens not listed) as these are unsupported and may result in loss of donation. For more info, click here.
If you don’t see a cryptocurrency you would like to donate in, please fill out this form to be connected with our Crypto Philanthropy partners at The Giving Block.
Are crypto donations tax-deductible?
Yes! Crypto donations are one of the most tax-efficient ways to give to charity. Your crypto donation is tax-deductible to the fullest extent permitted by law if you pay taxes in the U.S. By making a charitable gift, you may also be eligible to significantly reduce what you would otherwise owe in capital gains taxes.
As with any tax-related questions, be sure to consult with a qualified, professional tax advisor. Get more information about lowering your crypto taxes.
I need assistance with my donation. How can I get in touch?
Thank you for your interest in supporting Elton John AIDS Foundation. To contact us about making a crypto donation, please send us an email at fundraising@eltonjohnaidsfoundation.org with the subject line, “Crypto Donation.”
