Through our cryptocurrency fundraising collaboration with The Giving Block and our crypto wallet custodian, Gemini, we can accept gifts of multiple cryptocurrencies.
Not only that, but your cryptocurrency donation is tax-deductible! The IRS classifies crypto donations as property, meaning they are not only tax-deductible but also not subject to capital gains tax. This means that when someone donates bitcoin or other cryptocurrencies to a 501(c)(3) nonprofit like Reaching Souls International, donors do not have to pay capital gains tax and it remains tax-deductible.
*Should any project be fully funded, excess funds will be used to meet other essential ministry needs.
**If you would like to update your email or giving preferences, please email us at firstname.lastname@example.org, or by calling our office at 405.917.7000.