Cryptocurrency donations are becoming an increasingly popular and tax-efficient way to support Children’s Hospital Colorado Foundation. By donating appreciated digital assets directly, you may avoid capital gains taxes while potentially receiving a charitable deduction for the fair market value of your gift.
How to Donate Cryptocurrency
Children’s Hospital Colorado Foundation partners with The Giving Block to help make cryptocurrency donations simple and secure.
Use the widget on this page to make your gift of cryptocurrency today by:
- Selecting the cryptocurrency you wish to donate and the amount
- Initiating the secure transfer
- Sharing your contact information and gift designation so we can properly acknowledge your generosity
Why Donate Cryptocurrency?
If you’ve held Bitcoin, Ethereum or other digital currencies that have appreciated over time, donating them directly can often create greater impact than selling the assets and donating cash proceeds.
Potential benefits may include:
Avoiding capital gains taxes on appreciated assets
Receiving a charitable income tax deduction
Supporting lifesaving pediatric care and research
Making a meaningful gift without impacting cash flow
A Smarter Way to Give
For example, if cryptocurrency purchased for $5,000 has appreciated to $25,000, selling the asset first could trigger capital gains taxes that reduce the amount available to donate. Donating the cryptocurrency directly to Children’s Hospital Colorado Foundation may help you avoid those taxes while maximizing your charitable impact.
*Information provided is general and educational in nature and should not be construed as legal, accounting or tax advice. Please consult your financial, legal or tax advisor regarding your specific situation.