501(c)(3)s Accepting Crypto Donations for Ukraine
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With Ukraine’s financial system significantly disrupted by the ongoing invasion, the Ukrainian government has asked individuals and organizations to consider donating cryptocurrency, as it can be transferred across borders quickly and without friction.
Many have responded to the call; so far the government has raised more than $10 million in crypto donations.
501(c)(3) designation means the IRS has verified that an organization is indeed a purpose-driven non-profit charitable or religious organization. Therefore, donating crypto to 501(c)(3) charities not only ensures your donation will be tax deductible, but also that you are not being scammed.
To help you navigate the space, here’s a list of IRS 501(c)(3) organizations offering aid to Ukraine that are accepting crypto donations.
Organizations accepting crypto donations
Most of these donations are powered by the Giving Block, which will automatically generate a tax receipt for you. Some give you the option to designate that your entire donation be routed to Ukrainian relief. If the option is not present, we recommend reaching out to the organization directly.
CARE USA: Humanitarian aid (add Ukraine in donation note)
International Medical Corps: Disaster relief
Project Hope: Health and humanitarian aid
Save the Children: Humanitarian aid for children (add Ukraine in donation note)
UNHCR (UN Refugee Agency): Aid to refugees and other displaced persons
Catholic Relief Services: Food, transport, and lodging for displaced persons
Mercy Corps: Emergency cash relief to individuals and local organizations
International Fund for Animal Welfare: Help for Ukrainian animal shelters
Committee to Protect Journalists: Press freedom, legal defense for journalists
Endaoment: A unique platform that allows you to donate stablecoins to any 501c3 organization that has deployed a contract, including many smaller Ukraine-focused charities
For more information, check out this blog on reporting crypto donations on your taxes.
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Last reviewed by Zac McClure,MBA on April 28, 2022 · Sources