Cryptocurrency

Cryptocurrency is virtual currency. The IRS treats virtual currency as property, and general tax principles applicable to property transactions apply to transactions using virtual currency.
Many donors who invest in cryptocurrency have realized that donating it to charities like WINGS Program, Inc. can potentially eliminate capital gains taxes and provide a tax deduction for the fair market value of the donated currency. Additionally, donors can use cryptocurrency to purchase sponsorships and tickets for WINGS fundraising events.
Give Cryptocurrency

“I found the process of donating cryptocurrency to WINGS Program, Inc. fast and easy. Freewill provided step-by-step guidance, taking the hassle out of the process of converting from crypto to cash. Both WINGS and I benefitted from the ease of the transaction, with WINGS receiving the cash donation in moments to help people in need.”

– WINGS Crypto Donor

Contact Us

Fill out this form or contact Shelley Welch, Director of Annual Fund and Charitable Giving at swelch@wingsprogram.com or (847) 519-7820 x222

Disclaimer: WINGS Program, Inc., does not provide legal, tax, or financial advice. This material is prepared and made available to you for informational purposes only. You should consult professional advisors concerning legal, tax, or financial consequences of your charitable activities.

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