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Cryptocurrency



Contemporary Currency supporting contemporary art

The new ICA San Diego presents experimental art and learning with a mission to question everything. The organization will address current issues and trends facing our society today through the power of art and there is nothing more relevant than the cryptocurrency/NFT revolution happening right now. 


ICA San Diego is an early adopter of accepting donations of cryptocurrency and our team is well versed in informing, educating, and bringing to the forefront the financial and societal benefits of this revolutionary currency.

Donate today and become one of our first charter members of our CryptoClub by supporting our mission of experimental and accessible contemporary art experiences. Benefits include special invites to experimental in-person and virtual engagements and more!






Make a fee-free crypto donation through your Donor Advised Fund (DAF) account at Fidelity. For more information, please contact Kyle Casserino at kyle.casserino@fmr.com.

 

Tax Savings

Why donate crypto directly? Taxes!

There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to our 501c3 nonprofit is more tax efficient and can save you money.

The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support us. When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.

 



If you have any questions about this new giving program please contact Director of Advancement, Gaela Fernandez Florin, at gfernandez@luxartinstitute.org.