Convert Crypto into Real-World Impact

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You can support the causes you are passionate about with your cryptocurrency assets without first liquidating them. Just as with other non-cash assets, donating cryptocurrency before liquidating it may mean a charitable tax deduction for you and reduced capital gains taxes for the nonprofit who receives the donation.

A donor advised fund with The Signatry is one tool that can make your cryptocurrency donation much easier for you and for the nonprofit you plan to support. Donate digital currency to The Signatry and it will be converted to charitable dollars in a donor advised fund. From there, you can recommend grants to charities that align with your giving goals.

Crypto and Donor Advised Funds:
How it Works

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1. Click the button to open the donation form with our broker, Engiven.

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2. Fill out the form and generate a unique sending address.

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3. Copy the public address into your digital exchange wallet to complete the donation.

The Signatry uses a third-party broker, Engiven, to help convert your cryptocurrency into charitable dollars in a fund. There is a 2% processing fee from this provider, but The Signatry does not charge an additional fee. Visit our fees and minimums page for more information.

Click the button below to begin your cryptocurrency donation. The process will generate an address to use in your digital currency wallet. Please complete the full form to ensure the contribution is finalized and connected to the intended fund. After using the address to send funds from your digital currency wallet, we use the rest of the information to complete a report that will match your donation to the correct donor advised fund.

 

Will I need an appraisal or tax form?

As with all gifts, you are responsible for any filings and requirements necessary to claim a tax deduction related to your charitable gift, and we encourage you to discuss these matters with your tax advisor. To assist you, we will provide a contemporaneous written acknowledgment (i.e., a contribution receipt) for the gift in accordance with IRS guidelines. Particularly if you plan to deduct $5,000 or more, you may wish to consider the following:

  • Qualified Appraisal by a Qualified Appraiser: Very frequently, nonliquid asset donors are required to obtain a “qualified appraisal” that meets the IRS standards. We strongly suggest that you work with your tax advisor to review these requirements and how they may apply to your charitable contribution deduction.
  • Form 8283: If your tax advisor determines that you must include IRS Form 8283 with your income tax return, we may be required to provide certain information and sign an acknowledgment of your gift. Please send us your fully completed Form 8283 with Section B, Part V (Donee Acknowledgment) blank. If you can email the form securely, please send it to legal@thesignatry.com. Otherwise, please contact legal@thesignatry.com to request a secure upload link. Please allow two weeks for us to review and complete all of Part V and return the form to you. You may also need to have the “qualified appraiser” sign the Form 8283 and may need to attach a copy of the qualified appraisal.

Donate Cryptocurrency

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Accepted Cryptocurrencies

The following currencies can be donated as a digital currency contribution to your fund. After you donate cryptocurrency, the value will be converted into charitable dollars available for grant recommendations out of a donor advised fund.

Full List of Accepted Cryptocurrencies

What is a Donor Advised Fund?

At The Signatry, our main priority is to maximize the dollars sent out to God’s Kingdom. Donor advised funds are the tools we use. Learn more about what a donor advised fund is and how it works.