Reduce Your Tax Bills By Donating To Nonprofit LSF

Reduce Tax Bills: Fund Longevity Research

Crypto Saving Lives, Reducing Tax Bills

LSF is a nonprofit organization that funds aging research with cryptocurrency donations. Joshua Herring, Longevity Science Foundation’s new CEO, recently spoke on how the cryptocurrency world can donate to fund longevity research, while also securing tax advantage for the investors.

How Do Cryptocurrencies Help? 

Cryptocurrencies can fund such initiatives because of their transparency, low costs offered and fast settlement times. They will be helping research that extends lifespan as well as health span by contributing in preventive medicine, better life quality, and collaboration among scientists, investors and biotech entrepreneurs.

With Joshua, LSF aims to advance AI-driven diagnostics, longevity science and personalized treatments.

How To Donate?

2024 is coming to an end, so the time left to make tax-advantaged year-end donations is also ending. This is a particularly important time for investors to consider philanthropy and make donations. Donating appreciated assets before the last day of the year can help you avoid capital gains taxes and claim tax deductions. This is the right time because many cryptocurrencies are at or near their ATHs.

LSF accepts over 100 cryptocurrencies, including Bitcoin, Ether and stablecoins like USD Coin via an online form with The Giving Block. It is quick and you receive a tax receipt to offset your gains. The LSF’s parent organization, LongeVC, lets donors gain access to a network that’s shaping the biotech landscape.

LSF is using longevity science to accelerate diagnoses, personalize treatments, and drive drug discovery, shifting treatment to prevention for more effective disease management. LSF currently aims to raise $250,000 to support Female Fertility & Longevity Research, an area that’s long remained underfunded. It’s also considering improved heart health, just another example of the many areas worked upon.  

Act Now!

As per Joshua, this can transform lives worldwide. He has urged investors to consult a tax professional today itself and visit the donation page of LSF to take action.