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It should just be treated as cash type of donation. Get a paper receipt.

If the asset has risen in value over the years, the donor could (a) sell it for dollars, pay capital gains taxes, and then donate the rest or (b) donate the asset and let the FSF do the selling. (b) avoids the tax which means more money for the FSF. It's a common approach with non-profits.

Are you saying 501 non-profits don't pay capital gains? (b) certainly avoids tax on the donor's part, but on the non-profit? I am assuming the non-profit would have to convert to fiat to do something useful with the donation.

They would generally need to convert to fiat to do something useful, yes, but 501 (c) (3) nonprofits generally don't pay capital gains tax, no.

> Are you saying 501 non-profits don't pay capital gains?

Correct, as long as those gains are used as part of the 501-aligned mission. Same with donations, they don't pay a corp income tax. This is part of being a tax exempt organization.

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