Your donation of cryptocurrency or stock will help support refugees on a pathway to safety or self-reliance!
Over the next three years, RefugePoint will expand pathways to safety for more than 30,000 of the most at-risk refugees and help institutionalize these pathways so that >100,000 refugees beyond the scope of our direct work have access. We will also play a leading role in advancing self-reliance—supporting thousands of urban refugees in Nairobi through our holistic self-reliance program, and catalyzing a collective humanitarian response to reach five million refugees in five years with programming that puts them on a path to self-reliance. Your donation of stock or cryptocurrency can help support this work!
The IRS classifies cryptocurrencies as property, so crypto donations to nonprofits receive the same tax treatment as stocks. 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. This makes Bitcoin and other cryptocurrency donations one of the most tax-efficient ways to support your favorite cause!
Answers to Your Crypto Questions
Can I donate cryptocurrency to RefugePoint?
Yes! You can donate over 25 different types of cryptocurrencies including Bitcoin, Ethereum, and Dogecoin. Once donated, RefugePoint will convert your cryptocurrency into USD to support at-risk refugees around the world who would otherwise be overlooked by traditional humanitarian response.
How do you donate cryptocurrency?
You can donate cryptocurrency by filling out the form above. The money from the sale or conversion of your cryptocurrency will contribute to the programs necessary to support at-risk refugees and help them build secure, new lives, with dignity and hope. Plus, there are added tax benefits when you donate cryptocurrency!
What cryptocurrencies do you accept?
We accept: Bitcoin (BTC) Ethereum (ETH) USD Coin (USDC) Dai (DAI) Dogecoin (DOGE) Basic Attention Token (BAT) Ethereum Name Service (ENS) 0x (ZRX) 1inch (1INCH) Aave (AAVE) Alchemix (ALCX) Amp (AMP) Ankr Network (ANKR) API3 (API3) Audius (AUDIO) Axie Infinity Shards (AXS) Balancer (BAL) Bancor Network Token (BNT) BarnBridge (BOND) Bitcoin Cash (BCH) ChainLink (LINK) Civic (CVC) Compound (COMP) Curve (CRV) Decentraland (MANA) Dogelon Mars (ELON) Enjin Coin (ENJ) Fantom (FTM) Fetch AI (FET) Filecoin (FIL) Gala (GALA) Gemini Dollar (GUSD) Injective Protocol (INJ) Keep3r (KP3R) Kyber Network (KNC) Litecoin (LTC) Livepeer (LPT) Loopring (LRC) Magic Internet Money (MIM) Maker (MKR) 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 (RAD) Ren (REN) Render Token (RNDR) Shiba Inu (SHIB) Skale (SKL) Smooth Love Potion (SLP) 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) Wrapped Centrifuge (wCFG) Yearn.Finance (YFI) Zcash (ZEC).
This list is constantly expanding, so check back if your favorite cryptocurrency is not listed!
Are cryptocurrency donations tax-deductible?
Yes! The IRS classifies cryptocurrencies as property, so crypto donations to nonprofits receive the same tax treatment as stocks. 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. This makes Bitcoin and other cryptocurrency donations one of the most tax-efficient ways to support your favorite cause! Compare this to the other option of selling bitcoin and donating the after-tax assets which would be subject to a 23.8% long-term federal capital gains tax rate (and even more at a state level, depending on where you live). To learn more, click here.
Can I donate cryptocurrencies to RefugePoint from outside of the United States?
Absolutely! Cryptocurrencies are a global payment network and unlike traditional transaction methods such as credit card payments and ACH, which take days to process and clear, sending cryptocurrencies such as Bitcoin only takes about 10 minutes for RefugePoint to receive. Donors can almost instantly verify receipt of their gift from anywhere in the world.
Can I donate cryptocurrency anonymously?
Yes. When filling out the cryptocurrency donate form above, simply check the “Donate Anonymously” box. By choosing this option, you will still receive a receipt for your gift, but will not be enrolled in any marketing or mailing lists.
Will I get a receipt with my donation?
Yes, you will automatically receive a receipt via email as soon as you make a donation.
What will my cryptocurrency donation support?
Your donation will support RefugePoint’s programs around the world to help refugees seek safety and become self-reliant. You can learn more about our program here.
Why does RefugePoint accept cryptocurrency?
At RefugePoint, we believe in the power of innovation and continuous growth to bring about positive change. As cryptocurrency continues to expand and remake the landscape of commerce and philanthropy, we have partnered with The Giving Block to support a new generation of donors who would like to make an impact through charitable giving.
What is #CryptoGivingTuesday?
#CryptoGivingTuesday, launched in 2019, kicks off the unofficial start of #BagSeason and end-of-year giving. It takes place annually on the Tuesday following the United States Thanksgiving holiday and is the largest one-day celebration for crypto gift giving.