Donate Crypto | Stand Up To Cancer

Donate Cryptocurrency

100% 100% of your donation received supports Stand Up To Cancer and its collaborative cancer research programs.

Why Donate Crypto Directly? Taxes!

There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.

The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support your favorite cause. When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.

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Cryptocurrency FAQs

Can I donate cryptocurrency to Stand Up To Cancer?

Yes, you can donate cryptocurrency to Stand Up To Cancer, a division of the Entertainment Industry Foundation a 501(c)(3) charity, by going to StandUpToCancer.org/Crypto. Your cryptocurrency donation will be converted into U.S. dollars and used to support Stand Up To Cancer and its collaborative cancer research programs.

What Cryptocurrencies do you accept?

A list of accepted cryptocurrencies can be found by visiting Stand Up To Cancer’s donation page on The Giving Block website: TheGivingBlock.com/donate/stand-up-to-cancer/.

Is my cryptocurrency donation tax-deductible?

The IRS classifies cryptocurrencies as property, so your cryptocurrency donation to Stand Up To Cancer, a division of the Entertainment Industry Foundation, a 501(c)(3) charity, will receive the same tax treatment as a stock. 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. To learn more, we recommend that you visit TheGivingBlock.com/FAQ or consult your tax advisor to find out more.

Can I donate anonymously and still receive a tax receipt? 

Yes. However, in order to receive a tax receipt, you will be required to provide an email address.

Stand Up To Cancer works relentlessly to offer the newest, most effective, and most promising cancer treatments to patients quickly by bringing together the best minds to collaborate, innovate, and share cancer research.

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