Why Donate Cryptocurrency or Other Assets to Lifesong?

Lifesong’s mission is to help people – men, women, teens, kids, rich, poor, old, young – Know God, Live in Freedom, Discover Purpose and Deliver Hope. Donating an asset like cryptocurrency, stock, vehicles or real estate, facilitates both short term and long term funding of local, domestic and global missional fulfillment. We are able to accelerate gospel delivery, program execution, and partner advancement (child relief, human and sex trafficking, etc.).

Donating cryptocurrency or other assets are generally a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. This makes Bitcoin, Ethereum and other cryptocurrency donations, stock transfers, etc. some of the most tax efficient ways to support Lifesong. Speak with your accountant or tax professional for more insight about how donating any of these assets can lower your taxes.

Please contact Lifesong at 508-921-4767 to discuss the best way to complete your generous donation.