Experience the power of non-cash giving

Mercedes pioneered the supercharged engine in 1921, setting the industry standard for a performance upgrade. A supercharged engine can see up to a 50% increase in power output- same engine, supercharged performance…

Many are unaware that they can supercharge their giving by donating stocks, bonds and cryptocurrency directly to their favorite charity. MAPS has been receiving non-cash gifts for many years, but now the process is smooth and simple through Engiven’s streamlined process.

We have the technology and ability, so now the question becomes: why should you consider non-cash giving? Here are the top 3 reasons you should consider this strategy:

1. Maximize Your Tax Benefits

Crypto and stock are both regarded as assets by the US government, so there can be significant tax advantages to donating the assets themselves instead of cashing them out and then donating the proceeds. In short, donors who give crypto or stock do not have to pay taxes on the realized gain of the asset, whereas donors who donate the proceeds of the sale of their assets may incur capital gains tax depending on their tax situation. The nonprofit then receives the asset and Engiven immediately liquidates the crypto or stock tax-free. Everyone wins.

2. Easily and Efficiently Transfer Assets

The Engiven Foundation, a 501(c)3 fiscal sponsor, accepts stock and crypto donations, converts it to USD, and directly allocates the funds to the chosen charity. The process is highly automated, enabling the recipients to bypass the need for a crypto wallet and avoiding the lengthy verification process of establishing a crypto exchange account.

3. Give Securely and Safely

The transaction generates an instant IRS-compliant donation receipt and necessary tax documents, including a crypto appraisal, provided free of charge when required. Giving through Engiven ensures that donors receive maximum tax credits toward their net earnings.

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Additionally, Engiven.org meets SOC 2 Type 2 compliance, indicating the highest level of data and user security. That is why Engiven's methods are considered the fastest and safest available. Engiven has handled some of the most significant crypto contributions, including a $10 million Bitcoin donation

Giving Non-Cash gifts to MAPS Global can come with great tax benefits, is simple and secure, and will help you become a pipeline for the Great Commission as you supercharge your stewardship!

DISCLAIMER: MAPS Global is not providing tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.