
Donate Crypto
Donating crypto is a simple way to support the work of Pet Peace of Mind.
How it Works
Crypto Donations Accepted
You can donate cryptocurrencies directly to Pet Peace of Mind through our secure crypto-gifting partner, DonateStock.
A Simple Way to Give
The process takes only a few minutes to initiate through our Easy Crypto button.
Potential Tax Benefits
Avoid the capital gains tax on appreciated cryptocurrencies held more than one year. Receive a charitable tax deduction for the full fair market value. Harvest gains and reduce crypto concentration in a tax-free way.
*As we are not financial advisors, we recommend speaking with a tax professional before taking action.
What are the guidelines around gifting cryptocurrencies?
Like securities, the deduction is limited to 30% of your adjusted gross income (AGI). Unlike securities, crypto is treated as property by the IRS. As such, donors must file a Form 8283 with their tax returns. If the gift is more than $5,000, the donor must obtain a qualified appraisal and complete Section B of Form 8283 (charity signature + appraiser signature).
How does the crypto donation process work?
You’ll be asked to specify the details of the gift (which coin and how much you plan to give). We’ll provide a wallet address and a QR code for that specific transaction (cannot be re-used). You’ll copy the wallet address or use the QR code in your crypto wallet to “send” the specified crypto to the destination address. It may take minutes or hours for the crypto to arrive -depending on the currency and network. Once received you’ll be notified by email with a receipt to follow shortly thereafter.