Crypto

When you make a donation to the Count Basie Center for the Arts, you’re making an investment. You’re acting as an advocate for the arts, preserving a historic landmark, and helping ensure arts and arts education remain a vibrant part of life in central New Jersey.

By donating cryptocurrency such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other supported assets, you directly support our mission.

Please note that donations made through this link support the Count Basie Center for the Arts’ overall mission.

The IRS classifies cryptocurrency as property. As a result, donating appreciated cryptocurrency to a qualified 501(c)(3) charity may offer tax advantages similar to donating stocks. In many cases, donors may avoid paying capital gains tax on appreciated assets and, if they itemize deductions, may be eligible to deduct the fair market value of the donation, subject to applicable IRS limitations.

Charitable deductions are generally limited based on a percentage of adjusted gross income (AGI). If a donor’s contribution exceeds those limits, the unused portion may typically be carried forward for up to five years.

Tax rules and individual circumstances vary, so we recommend consulting with a qualified tax or financial advisor for guidance specific to your situation.