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Center for Empowerment & Education now accepting Cryptocurrency donations

The Center for Empowerment & Education, formerly the Women's Center, is now accepting Cryptocurrency donations. Cryptocurrency is a digital currency that can be used to buy goods and services.  The Center has partnered with The Giving Block and Gemini for people who want to securely make this kind of contribution. Bitcoin and cryptocurrency donations are tax deductible. This is similar to donating stock.  Because the IRS treats cryptocurrency as property, donors will not be liable for capital gains tax and it can be written off on taxes.  The Center says they are pleased expand giving options, adding another tool to their fundraising toolkit.  Donating cryptocurrency is easier than entering a credit card by using a widget found on the Center's website.

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Jim Bohannon

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