Sometimes Cash Isn’t King: Contributing Non-Cash Assets Giving With Impact
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- Non-Profit
When thinking about making a donation to support a charity we believe in, most of us immediately think about writing a check or typing in a credit card number. Even when we proactively think about using other assets that we may hold as a way to fund our charitable giving, our instinct is to liquidate that item and donate the proceeds. But that may not be the most effective or efficient way to donate. Sometimes, cash isn’t king. And with the growing popularity of cryptocurrency, these days, “cash” may not even be cash
When thinking about making a donation to support a charity we believe in, most of us immediately think about writing a check or typing in a credit card number. Even when we proactively think about using other assets that we may hold as a way to fund our charitable giving, our instinct is to liquidate that item and donate the proceeds. But that may not be the most effective or efficient way to donate. Sometimes, cash isn’t king. And with the growing popularity of cryptocurrency, these days, “cash” may not even be cash
23 min