Donate Bitcoin & other Crypto
Why donate Bitcoin and other cryptocurrency?
When the Soviet Union fell, no laws, systems or organisations were built to deal with animal welfare. There is no nation-wide ‘Humane Society’ in Russia. Everything has to be created from scratch. Forgotten Animals was founded in 2011 to fill the gap, as no one was doing effective organised animal welfare work, amongst widespread normalised unpunished cruelty and abuse.
So we had to start doing something ourselves.
We mostly rely on small donation from the public and occasional grants. Our founder Anna has been involved in crypto and thought the charity should evolve with the times and welcome the changes that our financial system so desperately needs.
Cryptocurrency has become more mainstream and after several requests from donors, we accept the following cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC), Gemini Dollar (GUSD), Basic Attention Token (BAT), Chainlink (LINK).
As our work evolves (we are currently responding to the Coronavirus threat) we need more agile fundraising tactics so we are better able to plan and allocate funds.
What are the advantages of donating in cryptocurrency?
Anonymity – Building on the anonymity of cryptocurrency, donors who donate in crypto can choose to remain entirely anonymous to us. Anyone who wants to can tick a box to share their email to receive impact updates, but this is optional.
Simplicity – Our crypto platform, The Giving Block, provides the tax receipts via email.
Tax-efficiency – Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. This makes Bitcoin and other cryptocurrency donations one of the most tax efficient ways to support your favorite cause.
If you want to donate any other crypto or hear about the difference your donation makes, please drop an email to anna.kn@forgottenanimals.
We are a 501(c)(3) non-profit org in United States. EIN/tax id: 84-454-4322