Donate Crypto

donate crypto

Why should people donate cryptocurrency to Food for Life Global?

Simply because we are the most cost-efficient food relief network in the world.

Your donation will support the important work of Food for Life Global to serve its international network of over 269 affiliates in 65 countries.

Only with your support in the form of financial or food donations can we continue to support those most in need in the poorest communities. Food for Life Global is a 501(c) (3) charitable organization, EIN 36-4887167.

All donations are deemed tax-deductible absent any limitations on deductibility applicable to a particular taxpayer. No goods or services were provided in exchange for your contribution. Food For Life Global’s primary mission is to bring about peace and prosperity in the world through the liberal distribution of pure plant-based meals prepared with loving intention.

Also, consider this:

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. If you want to learn more about how donating crypto can lower your taxes, check out https://thegivingblock.com/resources/tax-help-crypto-donations/ Talk to a crypto-savvy tax professional or connect with the Giving Block to get started today.

Donate Via Giving Block

Through Giving Block, we support a wide range of cryptocurrencies. Please check the Giving Block box below to check if your desired cryptocurrency is accepted.

Calculate your capital gains tax deduction

FFLG Accepts the Following Cryptocurrencies 

There are many ways for crypto donors to participate in the modern crypto philanthropy movement and save children and their communities from hunger. 

FFLG gratefully accepts crypto donations of many kinds, making it easier for crypto donors to give back to the community. 

Food for Life Global is always open to making your contribution as easy and hassle-free as it can be. Why not support our charitable mission? We would love to have you on board!

Here are the coins that we accept…

Bitcoin

We also accept Algorand Donations

Algorand is a blockchain platform that enables transactions with low latency and high throughput. It is built on the principles of security, fairness, and transparency.

Anyone can participate in its network without having to go through a lengthy approval process – if you’re not already into crypto, this may be a great place to start with crypto donations!

We accept Algorand donations directly on our Wallet Address – either copy the below address or scan the QR code.

Wallet Address: 3KWRLSCELJFUVGFFDCJDN7V7ODSXSZBMHKPUU2FT4GKZO7NMIW2FF24DME

QR Code for Donation to FFL

algorand cryptocurrency donation - FFL

Why Does FFLG Accept Crypto Donations? 

Cryptocurrencies are a rapidly growing form of digital payment that is quickly gaining traction globally. They offer several advantages over traditional forms of payment, including faster transactions, tax benefits, and greater security. 

Charities are beginning to accept cryptocurrencies as donations because they provide a more efficient and cost-effective way for donors to give back.

Happy kids!

Why Donate Your Crypto to FFLG? 

Crypto donations help us scale our work and address the root cause of hunger and social issues by providing nutritious, vegan food relief to families and children in need. 

Many people prefer to donate crypto because it is faster, more secure, and more efficient than traditional methods like cash or check. Others find it easier and more convenient to donate crypto. Whatever your reasons, donating cryptocurrency is a great way to give back to those in need while also taking advantage of the many benefits the payment system offers.

FAQs on Donating Crypto to FFLG

Yes, you can donate cryptocurrency to charity. FFLG was one of the first charities to accept crypto donations. Cryptocurrency can be donated to charity in the same way as money, stocks or other property can. 

There are several platforms you can use to donate crypto directly, such as CoinBase and Giving Block.

We primarily accept cryptocurrency donations through Coinbase. Coinbase is a cryptocurrency exchange platform that allows users to interchange currencies and make crypto donations to charities. 

We accept Giving Block as well, however, commissions are high. It works out simpler for charities and donors alike to use Coinbase for crypto donations.

Yes, you can donate Non Fungible Tokens (NFTs) to FFLG. NFTs are digital assets such as digital art, GIFs, music, and video. Their value is derived from the unique qualities of each asset rather than a predetermined value. FFLG accepts donations of NFTs as well as cryptocurrencies. 

If you are in the market for donating NFTs, consider donating these assets instead of selling them for crypto. NFT donations generate valuable funding for charities in the same way that cryptocurrencies do.

Yes, you receive tax benefits when you send crypto donations instead of US dollars. Donating cryptocurrency to FFLG is tax-efficient and can even save you money.

When selling crypto for cash, donors are usually required to pay a capital gains tax on any converted cash donated. 

However, if you donate your cryptocurrency directly, your tax-deductible contributions can go much further. By donating directly, you can avoid paying capital gains tax on the cryptocurrency and still claim a charitable deduction.

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milk & butter token

Adding value to society through Defi

Milk and Butter Token fans can go here to support our charity. The purpose of the Milk and Butter token is to provide a fun way for token holders to give back to society. Both the Milk Token and Butter Tokens are deflationary in that the total supply of these tokens decreases with time. Charity fees are collected on every Butter transaction and the holders of the Butter token can then use their tokens to cast their vote on which charity should receive the next donation. Food for Life Global is an official charity partner with these charity tokens.

CEO of Food For Life Global Paul Turner says, “Happy to report that the Milk and Butter community of investors have now fed 442,968 children in need via Food for Life Global.” The diversity in donations allows for different care and treatment for those in need. The donations to Action Against Hunger will focus on helping children facing malnutrition. The money donated covers the cost of transportation, customs, medical fees, food, etc. “There is potentially 250 people who are here today because of you all so I just wanted to say thank you,” says Aron Flasher, Managing Director of Corporate Partnerships for Action Against Hunger.

Christian Claypool, CEO of Milk and Butter LLC, says, “With every donation we make, we’re continuing to provide for those in need and generate a positive social output using our product and platform.“

Milk and Butter token, are companion tokens in the Binance Smart Chain with an emphasis on charity giving. Milk is an RFI token that can be staked to generate Butter, which is used to power community voting for their favorite charities on a weekly basis. Those that merely wish to vote may purchase Butter tokens on the open market as well, which also drives rewards for those that stake Milk!

Other ways to donate crypto

Food for Life Global is a 100% voluntarily funded organization

Keeping Things Transparent

Food for Life Global is a 100% voluntarily funded organization. For every $1 you give, 70 cents goes directly to programs supporting food relief. Of the remaining funds, 10 cents helps run Food for Life Global, including advocacy, training, education, and 20 cents goes towards raising the next $1 to help us continue our important work.