Stand Up To Cancer - Frequently Asked Questions

Cryptocurrency FAQ

Donations

What is the Goal of Stand Up To Cancer?

Stand Up To Cancer works relentlessly to offer the newest, most effective, and most promising cancer treatments to patients quickly by bringing together the best minds to collaborate, innovate, and share cancer research. Stand Up To Cancer also focuses on developing or providing the latest, most cutting-edge cancer prevention and early detection methods that save lives now. For more information on Stand Up To Cancer’s mission and work, please visit www.standuptocancer.org/who-we-are.

Why Give to Our Cancer Research Charity?

Historically, scientists have worked independently on different pieces of the cancer puzzle or have studied the same cancer questions without coordinating their efforts or sharing data. SU2C funds multidisciplinary, multi-institutional, collaborative research projects that address critical problems in cancer prevention, diagnosis, and treatment to deliver near-term patient benefit. This innovative approach is continuing to transform cutting-edge research and treatment breakthroughs in cancer. Additionally, since January 2020, SU2C requires that all grant proposals address the recruitment and retention of patients from medically underserved communities.

Can I donate cryptocurrency to Stand Up To Cancer? 

Yes, you can donate cryptocurrency to Stand Up To Cancer, a division of the Entertainment Industry Foundation a 501(c)(3) charity, by going to StandUpToCancer.org/Crypto. Your cryptocurrency donation will be converted into U.S. dollars and used to support Stand Up To Cancer and its collaborative cancer research programs.

What Cryptocurrencies do you accept?

A list of accepted cryptocurrencies can be found by visiting Stand Up To Cancer’s donation page on The Giving Block website: TheGivingBlock.com/donate/stand-up-to-cancer/.

Is my cryptocurrency donation tax-deductible?

The IRS classifies cryptocurrencies as property, so your cryptocurrency donation to Stand Up To Cancer, a division of the Entertainment Industry Foundation, a 501(c)(3) charity, will receive the same tax treatment as a stock. 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. To learn more, we recommend that you visit TheGivingBlock.com/FAQ or consult your tax advisor to find out more.

Can I donate anonymously and still receive a tax receipt? 

Yes. However, in order to receive a tax receipt, you will be required to provide an email address.

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