The Catholic University of America now accepts gifts of cryptocurrency, including Bitcoin, Ethereum, and dozens of others.
The IRS classifies cryptocurrencies as property, so cryptocurrency donations to the University receive the same tax treatment as stocks. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it from your taxes. Please contact your tax or financial advisor for more information.
Your contribution ensures that a Catholic University education remains affordable to each student who seeks one and helps to relieve the operational budget, providing necessary funds to the areas with the most pressing needs.
Learn more about making gifts of cryptocurrency to Catholic University, or get started with your gift now:
Published on: Tuesday, June 28, 2022