COMPLETE GUIDE — 2026

HOW TO
DONATE BITCOIN
TO A NONPROFIT

A step-by-step guide covering wallet verification, tax deductibility, the hold vs. convert distinction, IRS reporting requirements, and how to choose an organization aligned with your values.

0%
CAPITAL GAINS TAX
FMV
DEDUCTIBLE VALUE
6
STEPS TO DONATE
8283
IRS FORM REQUIRED

6-STEP DONATION PROCESS

Follow these steps in order. Each step protects you legally, financially, and technically.

01

VERIFY THE ORGANIZATION'S 501(C)(3) STATUS

Before donating, confirm the organization is a registered 501(c)(3) nonprofit with the IRS. Use the IRS Tax Exempt Organization Search at apps.irs.gov/app/eos to verify their EIN, exemption status, and deductibility. Every organization in this directory has been verified. Donations to 501(c)(3) organizations are generally tax deductible in the United States.

IRS EO Search: apps.irs.gov/app/eos
02

GET THE WALLET ADDRESS FROM THE OFFICIAL WEBSITE ONLY

Always obtain the Bitcoin wallet address directly from the organization's official website. Never use addresses shared via email, social media DMs, or third-party sites. Bitcoin transactions are irreversible — if you send to the wrong address, the funds cannot be recovered. Cross-reference the address with the organization's official social media accounts if possible.

Bitcoin transactions are irreversible. Verify the address before sending.
03

UNDERSTAND THEIR HOLD VS. CONVERT POLICY

Most charities that accept Bitcoin convert it to USD immediately using payment processors like The Giving Block or BitPay. A small number of organizations — classified as Confirmed Holders in this directory — explicitly retain Bitcoin as a long-term treasury reserve. If you believe in Bitcoin's long-term value, donating to a confirmed holder means your gift may appreciate inside the organization's treasury.

This directory is the only resource that tracks and verifies hold vs. convert policies.
04

DETERMINE THE FAIR MARKET VALUE FOR TAX PURPOSES

For tax purposes, your Bitcoin donation is valued at the fair market value (USD price) at the time of the transaction. You can generally deduct this amount if you itemize deductions. Importantly, donating appreciated Bitcoin avoids capital gains tax on the appreciation — a significant tax advantage over selling BTC and donating cash. Keep a record of the transaction hash, date, and BTC price at time of donation.

Donating appreciated BTC avoids capital gains tax. Consult a tax advisor for your specific situation.
05

REQUEST A WRITTEN ACKNOWLEDGMENT

For donations over $250, the IRS requires a written acknowledgment from the charity to claim a deduction. Contact the organization after your donation and provide the transaction hash, amount in BTC, and USD value at time of donation. Most established nonprofits have a process for issuing crypto donation receipts. Keep all documentation for at least three years.

Required for donations over $250 to claim a tax deduction.
06

REPORT ON IRS FORM 8283 FOR DONATIONS OVER $500

Noncash charitable contributions over $500 must be reported on IRS Form 8283. For cryptocurrency donations over $5,000, you may need a qualified appraisal. The IRS treats cryptocurrency as property, not currency, so standard noncash contribution rules apply. Your tax software or advisor can guide you through the specific reporting requirements.

IRS Form 8283 required for noncash donations over $500.

BITCOIN DONATION TAX REFERENCE

The IRS classifies cryptocurrency as property, not currency. This means standard noncash charitable contribution rules apply. The key advantage: donating appreciated Bitcoin directly avoids capital gains tax entirely, making it more tax-efficient than selling first and donating cash.

Example: You bought 0.5 BTC at $20,000 (cost basis: $10,000). BTC is now worth $100,000 (value: $50,000). If you sell and donate cash: you pay capital gains tax on $40,000 gain. If you donate BTC directly: no capital gains tax, and you deduct the full $50,000 fair market value.

This information is for educational purposes only. Consult a qualified tax professional for advice specific to your situation.

FACTORRULE
Donation TypeNoncash property (IRS classification)
Deduction BasisFair market value at time of donation
Capital GainsAvoided on appreciated BTC when donated directly
Written AcknowledgmentRequired for donations over $250
Form 8283Required for donations over $500
Qualified AppraisalMay be required for donations over $5,000
Holding PeriodLong-term treatment if held 12+ months before donation
Record KeepingTransaction hash, date, BTC price at time of donation

DONATE TO A CONFIRMED BITCOIN HOLDER

These 10 organizations have publicly confirmed they hold Bitcoin as a long-term treasury reserve rather than converting to fiat. Your donation stays in Bitcoin inside their treasury.

CONFIRMED HOLDER

RAINFOREST FOUNDATION US

Protecting rainforests and Indigenous peoples' rights in Central and South America

rainforestfoundation.orgVIEW PROFILE
CONFIRMED HOLDER

MY FIRST BITCOIN

Bitcoin education nonprofit focused on global education initiatives

myfirstbitcoin.orgVIEW PROFILE
CONFIRMED HOLDER

HUMAN RIGHTS FOUNDATION

Supporting individuals and projects that make Bitcoin and related freedom technologies more powerful tools for human rights defenders

hrf.orgVIEW PROFILE
CONFIRMED HOLDER

OPENSATS

Providing sustainable funding for free and open-source contributors working on freedom tech and Bitcoin projects

opensats.orgVIEW PROFILE
CONFIRMED HOLDER

MATTER

Helping people launch projects that improve communities around the world

www.matter.ngoVIEW PROFILE
CONFIRMED HOLDER

UNCHAINED DONOR-ADVISED FUND

Enabling Bitcoin donors to give strategically through a Bitcoin-native donor-advised fund

unchained.comVIEW PROFILE
CONFIRMED HOLDER

SATOSHI ACTION FUND

Advocating for pro-Bitcoin policy at the state and federal level across the United States

satoshiaction.ioVIEW PROFILE
CONFIRMED HOLDER

BITCOIN POLICY INSTITUTE

Providing research and policy analysis to advance sound Bitcoin policy in the United States, while building a Bitcoin treasury reserve

btcpolicy.orgVIEW PROFILE
CONFIRMED HOLDER

SATOSHI NAKAMOTO INSTITUTE

Preserving and advancing the intellectual history of Bitcoin through scholarship, community, and coding

nakamotoinstitute.orgVIEW PROFILE
CONFIRMED HOLDER

GRASSROOT INSTITUTE OF HAWAII

Educating people about the principles of individual liberty, economic freedom, and accountable government in Hawaii

grassrootinstitute.orgVIEW PROFILE

FREQUENTLY ASKED QUESTIONS

Common questions about donating Bitcoin to nonprofits and charities.