Frequently Asked Questions
What is FSHD Global Research Foundation’s mission?
Our mission is to find a cure for Facioscapulohumeral muscular dystrophy (FSHD) within five years. A disease that affects an estimated one million people globally. It is caused by an overexpression of a protein called DUX4, which is toxic to muscle. We undertake a wide range of medical research focused on slowing the disease, muscle wellness and muscle technology. This research seeks to cure FSHD, and also find ways that all people with muscle weakness caused by neuromuscular disorders, muscle trauma and ageing will benefit. We provide medical and patient advocacy and are a member of the World FSHD Alliance.
Why donate Cryptocurrency?
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, Ethereum and other cryptocurrency donations one of the most tax efficient ways to support us. If you want to learn more about how donating crypto can lower your taxes, check out thegivingblock.com/faq. Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one.
Who are FSHD Global Research Foundation’s Donors?
With no government support the main sources of our funding for FSHD research are individuals afflicted by FSHD, their friends, supporters, as well as corporate sponsors. All funds donated are invested through careful consideration, guided by our Scientific Advisory Boards, Board of Directors and International Research Committees, ensuring FSHD Global remains a leader in discovering world’s best science.
What cryptocurrencies can I donate?
Through our cryptocurrency fundraising initiative with The Giving Block and Gemini Trust Exchange, we can accept the following Cryptocurrencies: Bitcoin (BTC) Ethereum (ETH) Basic Attention Token (BAT) Aave (AAVE) Alchemix (ALCX) Amp (AMP) Ankr Network (ANKR) Axie Infinity Shards (AXS) Balancer (BAL) Bancor Network Token (BNT) BarnBridge (BOND) Bitcoin Cash (BCH) ChainLink (LINK) Compound (COMP) Curve (CRV) Dai (DAI) Decentraland (MANA) Dogecoin (DOGE) Enjin Coin (ENJ) Fantom (FTM) Filecoin (FIL) Gemini Dollar (GUSD) Injective Protocol (INJ) Kyber Network (KNC) Litecoin (LTC) Livepeer (LPT) Loopring (LRC)Maker (MKR) Mirror Protocol (MIR) Moss Carbon Credit (MCO2) Orchid (OXT) PAX Gold (PAXG) Polygon (MATIC) Ren (REN) Skale (SKL) Somnium Space (CUBE) Storj (STORJ) SushiSwap (SUSHI) Synthetix (SNX) Tezos (XTZ) The Graph (GRT) The Sandbox (SAND) Smooth Love Potion (SLP) Terra (LUNA) TerraUSD (UST) UMA (UMA) Uniswap (UNI) Yearn.Finance (YFI) Zcash (ZEC) 0x (ZRX) 1inch (1INCH)
Our partnership with Aus Merchant allows us to accept even more currencies than those listed above, however, this would be facilitated by an invoice payment, so if you are wanting to find out more about donating other cryptocurrencies, please email firstname.lastname@example.org.
Can I donate anonymously?
Yes, of course! Anonymous donations can be processed via the instant donation option powered by The Giving Block. However, if you’d like to receive a tax receipt, you must enter your email address when prompted on the third page. A tax receipt will only be sent once you’ve entered your email address.
Will I get a receipt with my donation?
In order to receive a receipt with your donation, you must enter your email when prompted to in our widget above, otherwise please email email@example.com to organise an invoiced payment directly.
Is my cryptocurrency donation tax deductible?
Different countries have different tax treatments, however, generally, donating cryptocurrency is an effective tax strategy. We recommend you seek advice from a crypto savy tax professional to ensure you maximise your donation benefit.
In the US, the IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)(3) charities receive the same tax treatment as stocks. 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.
In the UK, your cryptocurrency donations to a charity may be eligible for relief from capital gains tax, with the transfer taking place on a no-gain, no-loss basis. Cryptocurrency donations do not qualify for gift aid.
In Australia, cryptocurrency donations work the same as regular cash donations – they’re tax deductible if you’re donating to a registered charity like FSHD Global Research Foundation. You can claim the donated amount, calculated as the dollar price of the cryptocurrency at the time it’s donated) as a deduction on your tax return.
Can I donate cash or join a monthly giving donation program?
FSHD Global Research Foundation welcomes one off or regular cash donations through our donation page.