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.
6-STEP DONATION PROCESS
Follow these steps in order. Each step protects you legally, financially, and technically.
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.
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.
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.
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.
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.
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.
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.
| FACTOR | RULE |
|---|---|
| Donation Type | Noncash property (IRS classification) |
| Deduction Basis | Fair market value at time of donation |
| Capital Gains | Avoided on appreciated BTC when donated directly |
| Written Acknowledgment | Required for donations over $250 |
| Form 8283 | Required for donations over $500 |
| Qualified Appraisal | May be required for donations over $5,000 |
| Holding Period | Long-term treatment if held 12+ months before donation |
| Record Keeping | Transaction 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.
RAINFOREST FOUNDATION US
Protecting rainforests and Indigenous peoples' rights in Central and South America
MY FIRST BITCOIN
Bitcoin education nonprofit focused on global education initiatives
HUMAN RIGHTS FOUNDATION
Supporting individuals and projects that make Bitcoin and related freedom technologies more powerful tools for human rights defenders
OPENSATS
Providing sustainable funding for free and open-source contributors working on freedom tech and Bitcoin projects
MATTER
Helping people launch projects that improve communities around the world
UNCHAINED DONOR-ADVISED FUND
Enabling Bitcoin donors to give strategically through a Bitcoin-native donor-advised fund
SATOSHI ACTION FUND
Advocating for pro-Bitcoin policy at the state and federal level across the United States
BITCOIN POLICY INSTITUTE
Providing research and policy analysis to advance sound Bitcoin policy in the United States, while building a Bitcoin treasury reserve
SATOSHI NAKAMOTO INSTITUTE
Preserving and advancing the intellectual history of Bitcoin through scholarship, community, and coding
GRASSROOT INSTITUTE OF HAWAII
Educating people about the principles of individual liberty, economic freedom, and accountable government in Hawaii
FREQUENTLY ASKED QUESTIONS
Common questions about donating Bitcoin to nonprofits and charities.
EXPLORE MORE RESOURCES
Browse all 18 verified Bitcoin-accepting nonprofits with category filters.
BROWSE LISTWhy nonprofits choose Bitcoin treasury reserves over immediate fiat conversion.
READ GUIDELive BTC holdings data, wallet addresses, and USD valuations for all tracked orgs.
VIEW TRACKERCustody solutions, accounting tools, and legal resources for Bitcoin treasury programs.
VIEW RESOURCES