CRYPTOCURRENCY

GIVING WITH CRYPTOCURRENCY

DO WE ACCEPT CRYPTOCURRENCY DONATIONS?

YES! Prairie View recognizes the importance cryptocurrency plays in today’s economy and in the lives of our alumni, parents, friends and corporations. Donors may find it beneficial to make contributions of cryptocurrency and should consult their tax advisor regarding how donations of cryptocurrency and other highly appreciated assets may fit into their tax strategy.

WHY DONATE IN CRYPTOCURRENCY?

For donors in the US, the IRS has classified cryptocurrency as a form of property for tax purposes. This means that when you donate Bitcoin or other cryptocurrencies to a 501(c)(3) nonprofit or University, like Prairie View, you will not be required to pay capital gains tax on donated cryptocurrency and you may still be able to claim a deduction for your gift. Please consult your tax advisor for more information.

PRAIRIE VIEW GIFT ACCEPTANCE REQUIREMENTS

  • ALL contributions of cryptocurrency are converted to cash immediately upon acceptance & can be designated to support any gift fund on campus.
  • For tax purposes: you will need to provide your name and email (if you wish for your gift to be anonymous we are more than happy to honor that request).
  • For more information contact: Jon Dodson | jon.dodson@pvamf.org | 281-249-5394

Use the "donation notes" field below to indicate a department or specific designation for your gift.