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DONATE CRYPTOCURRENCY & BITCOIN

Help us save lives

Donate cryptocurrency and help homeless

Cryptocurrency2

Backpack Bed for Homeless is 501(c)3 charity that provides Backpack Beds and sleeping bags to street sleeping homeless people without shelter. Our Backpack Bed is study proven to improve dignity, health, sleep, warmth, comfort and security for people on the street.

Backpack Bed for Homeless accepts cryptocurrency donations in Bitcoin (BTC), Ether (ETH), Litecoin (LTC) + more.

If you HODL Cryptocurrency, you can donate to make a difference for homeless people sleeping on our streets and receive a possible tax benefit.
If you have another cryptocurrency you wish to donate please contact us.

Donate Cryptocurrency to recieve a receipt

Donate Cryptocurrency Anonymously

Cryptocurrency Donation FAQs


Can I get a tax deduction in the USA?

Yes. Backpack Bed for Homeless Inc. is a 501(c)3 non-profit organization. Your contribution is tax-deductible to the extent allowed by law.
A donation receipt will be emailed to you once your donation is received if you provide your email address.

 What are the IRS tax benefits of donating cryptocurrency?

  • The IRS classifies cryptocurrency as Property.
  • Property can be donated to 501(c)3 non-profit organizations.
  • When you donate Property in most instances you do not pay capital gains tax.

Please consult your tax professional to discuss your circumstances.

This means donating crypto can be better for your balance sheet compared to exchanging your cryptocurrency to fiat ($USD) prior to donating (which results in paying capital gains tax).

https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions
https://www.irs.gov/forms-pubs/about-publication-526

How do I make my cryptocurrency donation?

  • Backpack Bed for Homeless has a crypto wallet. Once you complete the form above you will be provided the charities unique payment address and QR code to complete the donation.
  • You can donate Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and more. If you wish to donate any other cryptocurrency please contact us crypto@BackpackBed.org.
  • Once we receive your cryptocurrency donation we will provide a receipt, unless you choose to donate anonymously.

Can I make an anonymous Crypto donation?

Yes - however, if you would like a tax receipt we need to record your name and email.

Tax Information
Backpack Bed for Homeless Inc is a 501(c)3 charity and has tax exempt status - since 15th May 2017.

The information provided here is of a general nature only and has been prepared without taking into account your relevant personal or legal circumstances. Please consult with your financial adviser to determine your tax benefits.

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