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Nicklaus Children’s Hospital Foundation Celebrates Crypto Giving Tuesday

Nicklaus Children’s Hospital Foundation is among 1,000 nonprofit organizations participating in this year’s Crytpo Giving Tuesday on November 30. The foundation is a 501(c)3 organization dedicated to raising essential funds to support care at Nicklaus Children’s Hospital, a 309-bed pediatric specialty hospital located in Miami.

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Inspired by the global generosity movement started by #GivingTuesday, and established in 2019 by The Giving Block, Crypto Giving Tuesday highlights the growing culture of philanthropy in the crypto community.

Nicklaus Children’s Hospital Foundation is now accepting donations in the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Amp (AMP), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Dai (DAI), Dogecoin (DOGE), The Graph (GRT), Gemini Dollar (GUSD), Litecoin (LTC), Storj (STORJ), UMA (UMA), Zcash (ZEC), 0x (ZRX) and 1inch (1INCH) and more!

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When donating cryptocurrency to Nicklaus Children’s Hospital Foundation, donors receive a tax deduction for the fair market value of the crypto, thereby avoiding capital gains tax that would be incurred if the cryptocurrency was sold prior to making a donation. This means donors are able to donate more and deduct more on their tax returns.

“We are delighted to partner with The Giving Block and participate in this year’s Crypto Giving Tuesday,” said Sara Jolly, executive director of development at Nicklaus Children’s Hospital Foundation. “We continuously seek new opportunities to support the good work of Nicklaus Children’s Hospital and tapping the generosity of cryptocurrency investors is an exciting step for us.”

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