Donate Cryptocurrency
We’ve made it even easier for you to make an impact and help us get more kids on bikes. We’re dedicated to giving underserved and at-risk youth the opportunity to experience and learn about from the seat of a mountain bike. Through our various programs, we give children the chance to expand their understanding of what they can achieve, and to make personal connections with the natural world.
Why donate Crypto?
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. If you want to learn more about how donating crypto can lower your taxes, check out The Giving Block FAQ Page.
This makes Bitcoin and other cryptocurrency donations one of the most tax-efficient ways to support your favorite cause. You can donate Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC), Gemini Dollar (GUSD), Basic Attention Token (BAT), Chainlink (LINK), 0x (ZRX), Storj (STORJ), Dai (DAI), Amp (AMP), The Graph (GRT), UMA (UMA), 1inch (1INCH), and any tokens currently accepted on the Gemini Exchange.
The IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. 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. Please contact your tax or financial advisor for more information.
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Lucky Bikes Re-Cyclery™ is a community-centered, social enterprise bike shop that services and sells affordable, used bicycles. All profits go to support the Lucky to Ride organization and programming.