Donate cryptocurrency now to BFan
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Save on your Taxes by Donating Crypto
Why Donate Crypto Directly? Taxes!

There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.

Your cryptocurrency donation can help assure that the arts and arts education remain a vibrant part of our lives in our community. A donation of Bitcoin or other cryptocurrency greatly supports Ballet Fantastique’s mission to innovate dance theater, building accessible new art and education programs.

The IRS classifies cryptocurrency as property for tax purposes, which means it is typically the most tax efficient way to support your favorite cause. When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto—and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.

Ballet Fantastique is proudly registered as a charity eligible to receive gifts of cryptocurrency on The Giving Block. If you provide an email, you will automatically receive a tax receipt after donating.