The Michigan Donor Family Council (MDFC):

The Michigan Donor Family Council (MDFC) is a non-profit, 501(c)3 organization consisting of donor families, transplant recipients, Gift of Life Michigan and Eversight liaisons, and donation advocates. The MDFC is an all-volunteer organization established in 2004.

TAX ID: 33-1071674

Save on your Taxes by Donating Crypto

Why Donate Crypto Directly? Taxes!

There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.

The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax-efficient way to support your favorite cause. When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.

If you provide an email, you will automatically receive a tax receipt after donating.