CEA is not authorised to give financial guidance on tax matters - grantees should seek their own financial advice if they have any uncertainties.
The following documents can provide some insights but CEA is not liable if the information is inaccurate and/or out of date:

- For __individual grant recipients paying tax in the UK__: consult [this document](https://drive.google.com/file/d/1h4ccNwtYeBaUzsod1ZhrIHv68bxeo6EN/view?usp=sharing). Please consider that the document was last reviewed in August 2019.	

- For __individual grant recipients paying tax in the US__: consult [this document](https://drive.google.com/file/d/1jd3tx77IhQ9kXV9lnachSGIdxgHoAdsm/view?usp=sharing). This was last reviewed in January 2021.	

- For __individual grant recipients paying tax in Canada__: consult [this document](https://drive.google.com/file/d/1dvRFsurgOTU9h9qId3Mj9ZXwcVPHRj-X/view?usp=sharing). This was last reviewed in March 2021.	

- For __individual grant recipients paying tax in Germany__: [English version](https://drive.google.com/file/d/1e7qvsXqcV-nOd6SvcDqEwUPr5nAcUbX_/view?usp=sharing) and [German version](https://drive.google.com/file/d/1GfYHFgPNjX7UKkta3wGVRldgWBofZEWP/view?usp=sharing). These were last reviewed in August 2021.	

We also list a few general suggestions, though please note that they do not constitute professional financial advice:

- If the grant is your primary source of income, many jurisdictions will treat it as taxable income (typically in the form of self-employment). This means that you are responsible for declaring it as income and pay taxes on it.
- If the grant exclusively pays for project expenses (e.g., event expenses, contractors, or university tuition in the case of a scholarship), many jurisdictions will not require you to declare it, though it depends on the details.
- Either way, we recommend asking your tax advisor for help. If you do not have a tax advisor, you might want to ask one of the firms CEA has been working with: [Adler & Colvin](https://www.adlercolvin.com/) for the US, or [Crowe](https://www.crowe.com/services/tax) for a large number of countries. If you need funding to pay for tax advice, please budget for it as part of your grant application.

We are working to improve this page over time. If you are aware of useful guidance or received professional tax advice that can be shared with other grantees, please let us know by sending an email to grantees@centreforeffectivealtruism.org and we may link to it from here.

Can I get tax advice from CEA relating to my grant?

Donating assets that have appreciated in value can be more tax-advantageous than liquidating them and donating the money yourself.

### Cryptocurrencies
We currently accept donations in Bitcoin and Ethereum with a value of $1,000/£750 or more. Please [get in touch](/help) if you'd like to arrange a cryptocurrency donation.

### Stock

We can accept donations made in stock in the USA. Donating stock in other countries is not supported at this time. Please [get in touch](/help) if you'd like to arrange a donation of stock.

Can I donate cryptocurrency, stocks or other appreciated assets?

You get all the tax benefits you would with a DAF, but with lower fees. DAF fees can range between [0.35% and 2% of your donations](https://www.philanthropy.com/article/What-Donor-Advised-Funds/156495), whereas the Centre for Effective Altruism will not charge any management fees. To donate to a DAF, you also need to contribute a minimum of $5,000. There is no minimum donation to EA Funds, although we recommend a minimum of $20 (since credit card companies often deduct a fixed fee, which can dilute the impact of small donations).

Our Funds also benefit from the expertise of fund managers. who work to ensure that money goes toward high-impact opportunities. Using your own DAF, you would need to consult similar experts or conduct your own charity research.


How are Effective Altruism Funds different from donor-advised funds (DAF)?

Donations are tax deductible in the USA, the United Kingdom, and the Netherlands. Simply choose the country you wish to donate from when making your payment.

![Donation Page Showing Donation to UK/NL in EUR](//images.ctfassets.net/afdyh2iav3iy/5mZX28RhVm0EuHhbMuoDqV/0340a1c1dde51e5ae14eb39f83641e21/Screen_Shot_2020-11-25_at_12.06.42_pm.png)

Donations to Effective Altruism Funds are made to the [Centre for Effective Altruism](https://www.centreforeffectivealtruism.org/), a registered charity in England and Wales (Charity Number 1149828) and a registered 501(c)(3) Tax Exempt Organization in the USA (EIN 47-1988398). No goods or services are provided in exchange for your donation.

### Receipts

When you make a donation, we will send you an email receipt which you can use to claim a tax deduction. 

### Gift Aid

UK donors can opt to claim [Gift Aid](https://www.gov.uk/donating-to-charity/gift-aid) on their donations, potentially increasing their value by 25%.

### Instructions for the Netherlands

If you would like your donation to be tax-deductible in the Netherlands, you will need to choose the "UK/NL" option on the donation page and (optionally) set your donation amount in EUR.

Are EA Funds tax deductible?

All donors will get a receipt that is UK, US, and NL tax-compliant for each donation they make through the Effective Altruism Funds. 

Receipts for credit card payments should arrive almost instantly, but if you make an offline payment (like a bank transfer), you may not get a receipt until roughly a week after we receive your donation.

US donors will also get a single tax statement showing their donation history at the end of each tax year.