Donate BitCoin and cryptocurrencies

Donate BitCoin and cryptocurrencies

Great news! Your love can now reach neighbors in need around the world through the donation of BitCoin and other cryptocurrencies, such as: Bitcoin Cash (BCH), Ethereum (ETH), ZCash (ZEC), Litecoin (LTC), Basic Attention Token (BAT), Chainlink (LINK) and the Gemini Dollar (GUSD). If you are a crypto-currency holder, giving is easy and has tax benefits. Read on to learn more and make a donation today.

What is Cryptocurrency?

Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies can be sent directly between two parties via the use of private and public keys. Through our partnership with The Giving Block, you may now securely donate cryptocurrency to reach out to our neighbors in need around the world through Lutheran World Relief.

Are cryptocurrency donations secure?

Cryptocurrency got its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. Our aim – and that of our partners at The Giving Block – is to ensure your donation is safe and secure. If you have questions, feel free to reach out to us – we are happy to answer your questions!

What cryptocurrencies does Lutheran World Relief accept?

Through our partnership with The Giving Block, we now accept Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), ZCash (ZEC), Litecoin (LTC), Basic Attention Token (BAT), Chainlink (LINK) and the Gemini Dollar (GUSD).

How do I donate bitcoins and other cryptocurrencies to Lutheran World Relief?

Donating your cryptocurrency to Lutheran World Relief is simple. Select your preferred method and send your love to neighbors in need around the world with cryptocurrency.

Is my cryptocurrency donation tax-deductible?

Yes!  In addition to being a smart way to send your love to neighbors in need, cryptocurrency donations are also tax-efficient. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax deductible, to the fullest extent permitted by law. This means that when you donate Bitcoin and other cryptocurrencies to a 501(c)(3) nonprofit like Lutheran World Relief, you do not have to pay capital gains tax and it is tax deductible if you provide your email address.

*Please consult your tax advisor. You can donate anonymously but you will not receive a tax receipt.

Why does Lutheran World Relief accept cryptocurrency donations?

One of our core values is innovation – as long as our vision remains unachieved, we are restless. We seek relentlessly to learn, adapt, and grow. Our goals are so compelling and human suffering so pervasive that we are unsatisfied with the status quo. With entrepreneurial eyes, we are careful to make the most of every opportunity (Ephesians 5:15-16). With creativity, we build new partnerships that strengthen capacities. With imagination, we embrace leading-edge ideas that enhance the quality of our ministry. 

We are excited to offer our donors the option of donating bitcoin and other cryptocurrencies to send your love to our most vulnerable neighbors in need around the world.

What will my cryptocurrency donation support?

Your donation of bitcoin or other cryptocurrency will be used around the world where needs are greatest. Each year, your love reaches neighbors in more than 35 countries around the world, delivering help and hope to those who suffer. 

When you provide an email address with your cryptocurrency donation, we will keep you updated on the latest work you make possible. With your support, we won’t stop working until your love reaches every neighbor. 

Contact a Donor Advisor

Call 800.597.5972 or complete
the form below.

This information is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Since estate laws differ from state to state, it is very important that you seek competent legal counsel before finalizing your estate plan.