Donate Cryptocurrency to Fight Prostate Cancer When you give cryptocurrency, your generosity means directly supporting prostate cancer patients and their families — and reducing your capital gains taxes in the process. Jump To Jump To Frequently Asked Questions Laurel & John Philibin Where Your Money Goes Save Lives by Donating Crypto Transferring your coins is quick, easy, and one of the most tax-efficient ways of giving to charity. The widget on this page will tell you ZERO’s wallet address for the specific coin you’d like to give and lets you provide your contact information so that we can give you a tax receipt for the fair market value of your donation. It’s one of the most tax-efficient ways of giving to charity; the IRS views giving crypto to a 501(c)(3) as a property donation, so you can both claim the gift as a tax deduction and avoid capital gains taxes on your coins. Talk to your tax advisor, you might be able to save 30% versus converting your coins to fiat. Frequently Asked Questions Expand All Do You Accept (COIN TYPE)? We accept the most popular altcoins and stablecoins, though specifics change along with market conditions. What is Your Refund Policy? All cryptocurrency donations are nonrefundable.Your donation is immediately converted into fiat, making cryptocurrency refunds impossible. Does Your Charity HODL the Donated Coins? No. Our software immediately converts the coins to fiat, so there’s no question about how much you’ve given. For taxes, the IRS views the exchange as a property donation, which does not trigger capital gains on your gift. Talk to your financial advisor, as this can have substantial tax implications in your favor. Are Airdrops or Other Goods and Services Ever Offered in Exchange for Donations? Rest assured, at ZERO; we maintain a steadfast commitment to transparency and ethical practices. We want to be clear: we do not engage in cryptocurrency airdrops, provide goods, or offer services in exchange for donations. Our focus is on advancing our mission to end prostate cancer and supporting those affected. I'm Minting an NFT Collection and Would Like to Donate Part of the Proceeds to a Charity. Is That Possible? Absolutely! It's a beautiful way to support men's health, honor loved ones affected by prostate cancer, and generate excitement for your project. Mint your collection, track income, and donate to ZERO using our secure form. While we can't offer goods or services, we're here to help explain our mission, impact and engage in men's health events. Please note we can't provide legal, tax, or technical advice or establish business partnerships for your NFT. Can You Accept NFTs? We understand that processing NFTs directly is not currently automated. However, there are effective workarounds to support our cause using NFTs.One approach is to sell your NFT artwork on a trusted platform like OpenSea and transfer the proceeds directly to ZERO. This method aligns with IRS regulations, treating crypto donations as a property exchange.For investors seeking tax benefits, there is a slightly more complex option. They can donate coins directly to ZERO, providing you with the transaction ID. You can then verify the donation on the blockchain's public ledger and transfer your NFT using a wallet like Metamask. I'd Like to Build a Smart Contract Into my App that Sends Donations Your Way. Can You Give Me Your Wallet Address? Unfortunately, we don’t maintain permanent wallet addresses. Our fully automated solution generates addresses for each donation, which are immediately processed to fiat, so there isn’t any question about investing strategy, holding coins, or the taxable value of the gifts. Laurel & John's JourneyLaurel's husband, John, was diagnosed with prostate cancer at age 53. In the timespan of just three months, their entire lives were turned upside down by this disease. Where Your Money GoesZERO is the leading national nonprofit with the mission to end prostate cancer and help all who are impacted. ZERO advances research, provides support, and creates solutions to achieve health equity to meet the most critical needs of our community. ZERO has a four out of a four-star rating for financial responsibility from Charity Navigator, America’s largest independent charity evaluator, and 85 cents of every dollar goes directly to programs.Starting with education, ZERO provides millions of men and families with disease information through our website, printed materials, videos, webinars and social media. Our ZERO360 team of experienced case managers help patients access financial resources, cut through insurance and Medicare red tape, and find emotional support. ZERO also brings together crucial support for anyone who has been affected by a prostate cancer diagnosis. From in-person and online support groups, to one-on-one peer mentorship for both patients and caregivers, ZERO has a caring community of support nationwide to help patients and their families when they need it most.