| If you're thinking about a charity car | | | | a planned part of the non-profit |
| donation I'm going to outline some of the | | | | organization's budget. These vehicle |
| facts you should know. You can receive a | | | | donations can make the difference in the kind |
| nice IRS tax deduction for your old car or | | | | of services they can offer. So if you donate |
| used car and help someone in need in the | | | | vehicles you will help these organizations |
| process. | | | | continue to function |
| | | | |
| It's called car donation or charity car | | | | In a nutshell, car donation means acquiring |
| donation when you give a charity organization | | | | old cars from donors and donating them to |
| your vehicle - automobile, car, truck, ATV, | | | | charity organizations. There are car donation |
| RV, airplane or any other vehicle which might | | | | companies that are intermediaries or links |
| or might not be in useable condition. In the | | | | between the donors and the people who |
| U.S. charitable vehicle donations provide a | | | | benefited from these donations. They are a |
| great tax benefit for the donor and it's | | | | big help in funding for charities. Some |
| rapidly gaining in popularity. | | | | companies even help organizations that do not |
| | | | have their own charity programs. The car |
| First you want to learn the mission of any | | | | donation companies can auction the donated |
| charity you're considering. If you have a | | | | car or other vehicle in the marketplace and |
| specific charity in mind for the car donation | | | | the money is given to the charities or the |
| do some research on it, especially if you're | | | | car can be used by the charity organization |
| not sure how reputable the charity is. There | | | | or be sold on their used car lot. |
| are many national and local charitable | | | | |
| organizations that advertise in newspapers or | | | | When you give your car to charity you are |
| on television and openly announce they are | | | | given a charitable gift IRS Tax Receipt. The |
| looking for car donations. You have probably | | | | vehicle donations when made to a reputable |
| seen some of these, but are they your best | | | | and bona fide charitable organization are |
| choice? | | | | tax-deductible. The IRS allows the |
| | | | donor-taxpayer to claim a tax deduction on |
| Sometimes charities will use the car | | | | the estimated value of the vehicle up to |
| donations themselves in their daily | | | | $500. The donor of the car or vehicle must |
| charitable activities - sometimes to | | | | have title, so make sure you have it handy |
| transport people. Perhaps they may use it to | | | | when you start the process. |
| transport people in need to doctor's | | | | |
| appointments, social worker appointments, | | | | Make sure to ask if the charity handles the |
| hospital tests, etc. More often though the | | | | car donations - have their own charity car |
| vehicles will be sold at auction or off their | | | | donation program or pays an outside company |
| car lots to raise money for the charity's | | | | to do it. If the for-profit company handles |
| programs or their general fund. Yes it is not | | | | the car or vehicle donations, find out just |
| common knowledge that many charities have | | | | how much money the charity receives from the |
| their own car lots. Many Goodwill Industry | | | | sale and how much will go to the for-profit |
| stores have their own. | | | | company. |
| | | | |
| Many people do choose to donate their used | | | | You will see car donation program in just |
| and unwanted cars in order to help others. If | | | | about every major city in every state in the |
| you buy a new car or own a car that isn't | | | | U.S., including California, Massachusetts, |
| running, you can consider donating the car, | | | | Minnesota, New Jersey, New York and Michigan. |
| truck, or other vehicle. You can also donate | | | | There are no laws preventing charities from |
| boats, RVs, ATVs, airplanes and other | | | | accepting these types of donations. |
| vehicles or even real estate depending on | | | | |
| what your charity accepts. Your donation is | | | | Some of the car donation charities you might |
| tax deductible which helps you and the | | | | see are: Target, Purple Heart, Kidney |
| organization that you donated the vehicle to. | | | | Foundation, Salvation Army, Goodwill |
| | | | Industries and various cancer organizations. |
| Day in and out, charities provide services | | | | |
| and needed support to people in communities | | | | In any case you will greatly benefit for your |
| all over the nation. While some may receive | | | | charity car donation both in claiming a nice |
| government grants or private donations, this | | | | car donation tax deduction or benefit and in |
| is never enough to take care of the many | | | | helping charities continue to operate so they |
| causes they pursue. Charity car donations are | | | | can help people in need. |