Lehigh Valley Community Foundation has established a "digital wallet" and has begun accepting donations in cryptocurrency. You can establish a fund at the Community Foundation or donate to an existing fund.
LVCF has partnered with a specialized giving application, Engiven, to ensure a smooth and transparent giving experience.
There are several benefits to donating cryptocurrency. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax-deductible at fair value. LVCF will immediately liquidate the donated position and transfer the cash proceeds.
Contact Erika Riddle Petrozelli, President and CEO, at (610) 351-5353 for more information about donating cryptocurrency.
ASK ERIKA | Ask me how the Community Foundation can help you and your clients create a lasting legacy and make a difference in the community....
Erika Riddle Petrozelli, CPA
President and Chief Executive Officer
840 West Hamilton Street, Suite 310, Allentown, PA 18101
610 351-5353 Ext. 13 | Erika@lvcfoundation.org