Donate Crypto Currency
The Crohn's & Colitis Foundation accepts donations in the form of cryptocurrency. Read these frequently asked questions to find out more about this donation option.
What is cryptocurrency?
Cryptocurrency is a form of global digital currency that can be exchanged without the use of a central bank. This means that forms of cryptocurrency, such as Bitcoin and Ethereum, can be directly exchanged from user to user on peer-to-peer networks, without the need for intermediaries. Transactions are secured and verified using a technology called blockchain. The value of cryptocurrency can fluctuate.
How do cryptocurrency transactions work?
Users can send and receive forms of cryptocurrency through a mobile app or an online system called a digital wallet. Check here for a full list of crypto currencies currently accepted.
What currencies can I use to pay a BitPay invoice?
Click here to learn which currencies are supported.
Are U.S. donors eligible for a tax deduction when they make a bitcoin donation?
Donating cryptocurrency is a non-taxable event. Donors do not owe capital gains tax on the appreciated crypto that is donated and can typically deduct the fair market value of the donation on their taxes.
How will donations received by the Crohn’s & Colitis Foundation be used?
Contributions of Cryptocurrency must be converted to US Dollars as swiftly as is practicable and will fund the Crohn’s & Colitis Foundation’s mission to find cures for Crohn’s disease and ulcerative colitis, and improve the quality of children and adults affected by these diseases.
Is it possible for my donation to remain anonymous?
At the time of donation, donors may select the option to remain anonymous in Foundation public-facing acknowledgements, such as the annual report.
I need assistance in making my donation. Who can I contact?
If you have questions about crypto donations or digital fundraising opportunities using crypto, please contact Daniel Bruno or Kyle Eisenman.
Refund Policy:
All cryptocurrency donations are final and we are unable to offer refunds. No goods, services or airdrops will be offered in exchange for cryptocurrency donations.