501(c)(3)s Accepting Crypto Donations for Ukraine

Zac McClure
ByZac McClure, MBAReviewed byTynisa (Ty) Gaines, EAUpdated on December 18, 2023 · minute read
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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.[1]

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.[2]

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. 

For more information, check out this blog on reporting crypto donations on your taxes.

To stay up to date on the latest, follow TokenTax on Twitter @tokentax.


Last reviewed by Tynisa (Ty) Gaines,EA on December 18, 2023 · Sources

Zac McClure
Zac McClureCo-Founder & CEO at TokenTax
Zac co-founded TokenTax after his career in international finance and accounting at JPMorgan, Imprint Capital and Bain. He has worked in more than half-dozen countries and received his MBA from the UPenn Wharton School.
Tynisa (Ty) Gaines
Reviewed byTynisa (Ty) GainesTax Expert at TokenTax
Tynisa (Ty) Gaines, EA has more than 20 years of experience as a tax professional. Ty has published numerous tax articles, two tax e-books, and an academic publication on cryptocurrency for the National Income Tax Workbook.

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