Palmer Trinity School is now accepting donations of cryptocurrency thanks to our secure, online donation platform provided by our friends at Engiven. Your support makes an impact on our students, faculty, and staff every day.
For charitably minded individuals, cryptocurrency investments held more than one year may provide a unique opportunity to donate highly appreciated assets to achieve maximum impact with charitable giving.
Donating long-term held cryptocurrency investments can potentially eliminate the capital gains tax you would incur if you sold the assets yourself and donated the proceeds. which may increase the amount available for charity by up to 20%. Second, if you itemize deductions on your tax return instead of taking the standard deduction, you may claim a fair market value charitable deduction for the tax year in which the gift is made.
Thank you for your donation.