Now it’s even easier to donate to the Community Foundation of Southern New Mexico. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. This makes Bitcoin and other cryptocurrency donations one of the most tax-efficient ways to support your favorite cause. You can donate Bitcoin, Ethereum, ChainLink, Litecoin, and more. When you donate cryptocurrency, we immediately transfer your coins to fiat.
Please note: all cryptocurrency donations made to CFSNM are non-refundable.