Donate Cryptocurrency to American Friends of Leket Israel
About Leket Israel
Leket Israel, Israel’s National Food Bank and largest food rescue organization, rescues nutritious excess food (that would otherwise be destroyed or left to rot in a landfill), from hundreds of farmers, corporate cafeterias, hotels and the Israeli army. The food is delivered, free of charge, to hungry Israelis of all backgrounds through Leket Israel’s non-profit partners. Leket Israel is apolitical and is the only organization rescuing food en masse for Israelis in need.
Each USD donation of $1 provides 6 lbs. of fresh food.
If you provide an email, you will automatically receive a US tax receipt from American Friends of Leket Israel –including the fair market value of the crypto in USD– after donating.
Why Donate Crypto Directly? Taxes!
The IRS classifies cryptocurrency as property for tax purposes. Donating cryptocurrency is 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 and other cryptocurrency donations one of the most tax efficient ways to support American Friends of Leket Israel. Donations are processed by The Giving Block, and immediately sold and transferred to American Friends of Leket Israel in USD.
To learn more about how donating crypto can lower your taxes, check out thegivingblock.com/faq. Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one.
American Friends of Leket Israel accepts the following cryptocurrencies:
- Bitcoin (BTC)
- Ethereum (ETH)
- Amp (AMP)
- Basic Attention Token (BAT)
- Bitcoin Cash (BCH)
- Chainlink (LINK)
- Dai (DAI)
- Dogecoin (DOGE)
- The Graph (GRT)
- Gemini Dollar (GUSD)
- Litecoin (LTC)
- Storj (STORJ)
- UMA (UMA)
- Zcash (ZEC)
- 0x (ZRX)
- 1inch (1INCH)
For any questions, please contact Elena at American Friends of Leket Israel: (201) 331-0070 x2 or [email protected]
American Friends of Leket Israel is a registered 501(c)(3) tax-deductible organization in the US.