Published on: 10/05/2021
Nicklaus Children’s Hospital Foundation, a 501(c)3 organization dedicated to raising essential funds for the patients and families of Nicklaus Children’s Hospital, announced today that it has begun accepting cryptocurrency donations.
Nicklaus Children’s Hospital Foundation is among the first nonprofits, and believed to be the first healthcare foundation in South Florida, to begin accepting cryptocurrency donations. This addition comes ahead of #BitCoinTuesday on Tuesday, November 30, a major giving day for the digital currency community.
Donations in the following cryptocurrencies are now accepted by Nicklaus Children’s Hospital Foundation: Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Dai (DAI), Dogecoin (DOGE), The Graph (GRT), Gemini Dollar (GUSD), Litecoin (LTC), Storj (STORJ), UMA (UMA), Zcash (ZEC), 0x (ZRX) and 1inch (1INCH) and more!
By accepting cryptocurrencies, Nicklaus Children’s is offering supporters with cryptocurrency portfolios the ability to support the organization in a tax-efficient way. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax-deductible on the donor's tax returns.
“We are so excited to begin accepting cryptocurrencies as a donation method to benefit the children and families we serve every day,” said Michelle Boggs, president of Nicklaus Children’s Hospital Foundation. “We hope that by adding this method of giving, we will reach more people who want to support the life-saving work of our hospital, and do so in a fast, easy, secure transaction.”
Nicklaus Children’s Hospital Foundation has partnered with The Giving Block to accept cryptocurrency donations.
To donate cryptocurrency to Nicklaus Children’s Hospital Foundation, please visit www.nicklauschildrens.org/crypto.