By Stephanie Hoff, Senior Gift Strategist at WaterStone
If we’ve ever talked about giving strategy, you’ve probably heard me say this: generosity should be personal, thoughtful, and aligned with what you care about most. And for a growing number of donors, that strategy includes cryptocurrency.
Maybe you’ve been investing in crypto for years, or maybe you’re just starting to explore its potential. Either way, if you’re thinking about giving appreciated crypto assets or making a donation in digital currency to Kingdom causes, I want you to know – we can help.
The Benefits of Giving Crypto
When you donate cryptocurrency to your WaterStone Giving Fund, you:
- Avoid all capital gains tax
- Receive a fair market value deduction
- Empower the missions and ministries you already love
No minimums. No complex contracts. Just a simple, efficient way to give.
Because EVERY gift through WaterStone is smart, right!? 🙂
WaterStone accepts all major cryptocurrencies and charges a 1% incoming fee based on the value of the gift.
Giving Crypto Is Easier Than You Think
To receive a tax deduction, a qualified appraisal is required. We work with trusted partners like Charitable Solutions, who now offer lower rates to make the process easier:
- $150 for gifts under $500,000
- $800 for gifts over $500,000
(Yes, that’s a big drop from what it used to cost.)
So, What Does This Really Mean?
I know crypto giving may not apply to everyone. But if it applies to you, or your clients, it can be an incredible way to turn innovation into impact.
Cryptocurrency investments and donations may not apply to everyone, but if it applies to you or your clients, it can be an incredible option for turning digital innovation into direct impact.
It’s a reminder that God can use anything to advance His Kingdom. Even an asset class born on the blockchain can become meaningful when managed well.
If you’d like to talk more, just reach out. I’d love to hear your heart and help you think it through.
Warmly,
Stephanie Hoff
Senior Gift Strategist
WaterStone
