Cryptocurrency Donations
Donate to PragerU using Cryptocurrency
Now it’s even easier to donate to PragerU to help promote American values and change millions of lives. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount. Per your tax advisor, you may also be able to deduct it on your taxes as a donation. This makes Bitcoin and other cryptocurrency donations one of the most tax efficient ways to support your favorite cause. If you choose, you can also make your donation completely anonymous.
We accept the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Amp (AMP), Basic Attention Token (BAT), Bitcoin Cash (BCH), Dai (DAI), Gemini Dollar (GUSD), Chainlink (LINK), Storj (STORJ), Zcash (ZEC), and 0x (ZRX).
Frequently Asked Questions
- I need a cryptocurrency address to complete my donation. Where can I access this information?
You can access all of our cryptocurrency addresses by using the widget above. Once you enter the type of cryptocurrency and reach the third step, you will receive a unique donation address which can then be used to complete your donation.
- How many times can I use the cryptocurrency address provided to me?
Once you’ve filled out your information and receive a unique donation address, this address can be used an infinite amount of times without having to re-enter any information on our page.
- Will I get a receipt with my donation?
Yes, if you follow the prompts in our widget above, you can specify whether or not you would like a receipt emailed to you (even if you choose to give anonymously).
- Why doesn’t my tax donation receipt have a Dollar amount attached?
Cryptocurrency values vary greatly during a 24-hour period, at times. Per IRS guidance, it is up to the donor to determine fair market value at time of donation. If you notate the Dollar amount when you gave (should be available when you donate from your Wallet), and hold that information with the tax letter provided, your tax preparer will have all the information needed. With tax software, the FMW may also be calculated automatically. For more information, please contact your tax preparer.