Use your cryptocurrency to make an impact.
Back on My Feet seeks to transform the lives of individuals through the power of running, community support and essential employment and housing resources. To make that vision a reality, we must keep innovating to meet the changing needs of the times.
Back on My Feet accepts four different cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin and Ethereum. Your cryptocurrency donation can support Back on My Feet’s continued growth and development, helping members on the ground transform their lives one mile at a time, one job at a time, one home at a time.
Alternatively, here’s a link to our Coinbase account.
What is Cryptocurrency?
Cryptocurrency is a global payment network, and accepting it enables Back on My Feet to accept donations from anywhere in the world. Anyone with an Internet connection and a digital wallet can donate to Back on My Feet.
Who can donate?
Back on my feet accepts four different types of cryptocurrency: Bitcoin, Bitcoin Cash, Litecoin and Ethereum. These are global payment networks, and accepting them enables Back on My Feet to accept donations from anywhere in the world. Anyone with an Internet connection and a digital wallet can donate cryptocurrency to Back on My Feet.
Are US donors eligible for a tax deduction when they make a donation using Bitcoin?
In March of 2018, the IRS issued guidance that bitcoin is to be treated as a property for Federal tax purposes. See more here.
Given the IRS guidance that bitcoin is to be treated as property, donating bitcoin offers compelling tax benefits. Donating appreciated property to charity is an often overlooked tax strategy. It allows taxpayers to deduct donated property that would otherwise be subject to capital gains tax.
When you make a donation with your Coinbase account, you will receive an email receipt of the transaction.
Donors should consult with a tax advisor for properly recording this donation on personal tax return.