Have you benefited from investments in Bitcoin, Ethereum, or other cryptocurrency investments? You can donate it to receive a charitable deduction, avoid capital gains taxes, and help reach new audiences in the Middle East and North Africa with God’s love.
When you give cryptocurrency that you have held for at least one year, you will qualify for a full charitable deduction and avoid capital gains taxes. It’s a tax-wise gift that will help reach people with the Gospel.
The Barnabas Foundation, one of our professional planned giving partners, is set up and qualified to securely receive and convert your cryptocurrency to real U.S. dollars then transfer your gift to SAT-7.
Receive a fair market value tax deduction and eliminate capital gains taxes.
Give in a substantial way without affecting your cash flow.
Gifts are tax-free to the charity. The entirety of your gift will go toward ministry!
You can also give cryptocurrency to establish a life income gift. You’ll receive an immediate tax deduction at the time of your gift and then receive ongoing income for you and/or your loved ones. When you no longer need the income, the remainder of the gift will go to SAT-7 to reach people with the Gospel.
To learn more about giving non-cash assets to make God’s love visible in the Middle East and North Africa, start a conversation with John Frick, SAT-7 Vice President of Development or get connected directly to the team at the Barnabas Foundation who can help you get started with the donation process.
The financial content provided on sat7usa.org is educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.