Car Donation Charities That Handle Car Donations

Car Donation Charities That Handle Car Donations

Unknown   1:50 AM

Car donation to a non-profit organization is and has been an overlooked opportunity to benefit on both sides of this contribution for many years. The car donor and the recipient benefit simultaneously. The person who donates their car to charity can deduct a value from their taxable income and the recipient obviously benefits by making use of the vehicle.

Car donation can include virtually any vehicle you wish to donate. You can donate a car, donate a truck, donate a motorcycle, and even recreation vehicles like a boat or an RV.

Donating a car to charity is a great way to rid your driveway of an unused vehicle, plus you are clearing the clutter around your home. There's no need to accumulate cars that could be donated to charity.

Helping the less fortunate and knowing that you have contributed by improving their quality of life with a tangible gift, one that they can put to good use, is far more personal and you can be assured that the donation has gone directly to a recipient. So many charities have administrative costs and fees that often consume cash donations and the intended recipients may not actually see the fruits of your efforts.

Car donation charities actually enlist the help of towing companies specifically, for pick-up and delivery of donated cars, to make the car donation process all the more convenient for the car donor.

If you currently donate to a charity such as the American Heart Association, Saint Jude hospital, American Cancer Society, or any number of organizations, you can donate your car and designate what charity you want to the contribution to benefit. That way you can be specific about who receives your donation. Giving becomes much easier when you know where your money is going and being spent.

Car Donation Tax Deduction - 3 Best Tips to Help You Donate Your Car

Car Donation Tax Deduction - 3 Best Tips to Help You Donate Your Car

Unknown   1:49 AM

If you're thinking about donating your car or truck to a local or national charity, here are a few tips that you should know. There are a few problems you can avoid if you do a little research first. Ultimately your goal may be to gain a good car donation tax deduction. The change in the tax laws make it easier now to get a good deduction.

1. How the car donation charity uses your donated car. Decide whether it's important to you or not if you know how the charity is going to use your car. If so, you may want to give them a call. They may sell it on a used car lot they maintain or farm it out to a charity car donation program or sell it on their own car lot. They may use the car to transport people or goods for their charitable work. Or they may give the car to a needy individual.

2. How much money will the charity actually get from you car donation. If the charity plans to sell the car it will probably not get the 'blue book' value of the car. There also will be expenses directly related to the sale - newspaper classified ads or their car lot costs, both which will reduce the negotiated selling price

If they farm it out to a car donation charity program, they've contracted with, to sell then they will get a lot less for it. And of course if they use it themselves or give it away then their won't be a monetary gain.

3. Before you donate your car to any charity you want to make sure it's a legitimate charity. If it's a large national organization then there will be less of a problem. If it's a local charity then you may have to do some checking. You want to make sure they're eligible to receive contributions that are tax deductible, so you'll receive the car donation tax deduction. So ask them if they have the "letter of determination" from the IRS.

Many charities accept cars, truck, and other vehicles and are not tied into providing you with a tax deduction. Make sure to find this out in advance.

These are just a few of the tips you'll need to know if you plan to donate your car to a charity. Make sure to do a little research first to make sure you understand just how much you may get for your car donation tax deduction if they sell it, give it away or keep it.

Receiving Charity Car Donations

Receiving Charity Car Donations

Unknown   1:46 AM

A car donation involves donating a used vehicle to a charity organization. Charity is extended in many forms such as clothes, furniture and even cars. Cars are donated to the recipients directly or they are sold, and the money is given away in charity. Many people prefer to donate used cars to help society.

These non-profit making organizations aim at serving injured, homeless and helpless people by taking care of their needs. Car donations are common fund raising events all over the world. A car donation program serves as a mediator between the donor and the charity organization. It enables the vehicle to be available for more than one charitable organization to view and avail of.

The process of donating a car under a car donation program is usually pretty simple. The donation can be made online by filling out a form or by calling a toll free number. A towing company picks up the vehicle at a particular date and time suitable to both parties. It is essential that the donated car have a clear title and relevant documents. Once the car is picked up and is in the possession of the institutions, a donation receipt is issued to the donor within ten working days.

Car donations benefit the donors, as they are tax deductible. In order to claim a tax deduction, a tax-deductible donation receipt has to be presented at tax time. The tax deduction is either based on the fair market value of the car or the amount for which the donated car is sold by the organization. Donation also helps car owners to avoid the difficulties associated with selling a used car. Intricacies such as looking for a buyer, advertising and having to entertain unknown buyers in a home are eliminated.

Car Donation Companies

Car Donation Companies

Unknown   1:44 AM

Car donation involves collecting old cars from donors and donating them to charity institutions that need donations. Car donation companies are basically intermediaries or links between the donors and the people who are ultimately benefited due to these donations. They help in funding public charities. Certain companies help even those organizations, which do not have their own charity programs. The car donation companies can auction the donated car in the market and the money so collected is handed over to charities or the car can be used by the charity organization. Either way the main objective of these companies is to facilitate development programs to meet all material and spiritual needs of the underprivileged.

There are a number of companies worldwide which help a donor donate his car with the least amount of trouble. The donor can either call these organizations on their toll free number or he can donate by filling an online application form. American Red Cross of Central New Jersey is one such car donation company. Charity Auto Donations and The New Community Corporation are other such car donation companies. The donor is relieved of all the difficulties that come along with donation. The car donation company arranges for the pick up of the donated car. It is towed away free of charge by a reliable and licensed towing company. This is done at a time and place convenient to the donor. Some companies arrange for towing even if the donor is in another state. The title to the car is required when donating but if it is not available, the company again makes some arrangement for this. Companies also help in estimating the value of the car after all the necessary information is furnished to them regarding the condition, make, and mileage of the car.

Car donation companies assist the donors with all the paper work involved in the donation. Donation of an old undrivable car is a hassle free solution to get rid of the car and at the same time do some good by helping someone.

Give Yourself A Tax Break - Donate Your Car To A Favorite Charity

Give Yourself A Tax Break - Donate Your Car To A Favorite Charity

Unknown   1:42 AM

Donate Your Car To Charity Guide

To donate your car to a favorite charity is a kind and generous act that would seem to be an easy way to help a charity, plus get a tax deduction to boot. Car donation can be an easy process only if you have done your homework on the charity you pick, including whether it is a middleman (for-profit organization.) The procedure involved in transferring the vehicle, paperwork for tax deduction purposes, and information about what the charity will actually receive after the auction house plus car towing company has taken their cut. You may find that you want to deliver the car to the charity yourself to avoid the high cost of pick up when you donate your vehicle.

Car donations - points to consider so everybody wins

Car donation agencies, or for-profit organizations as they are more commonly known, often provide the easiest way for you to donate your car to a charity. This is because they often handle all the paperwork between you and the charities, providing pick-up of the vehicle and giving you a receipt for the transaction. Unfortunately though for the charity concerned this is the least helpful to them, this is because of the cut in proceeds from the sale of the vehicle that they receive compared to the share that the middleman takes. Even some of the more ethical donating your car agencies keep up to half of the car's sale price, and some less reputable agencies keep as much as 90 percent of the transaction. So if you have no choice in using a car donation agency it is important for you to check the split in proceeds between them and your charity. If it is too high a split, or they refuse to tell you, then you should move on to another agency, for which there are many for you to choose from.


Check your car donation charity is an IRS approved organization- If you decide to donate your car to your favorite charity direct then for tax deduction purposes you need to check that the charity is an IRS-approved 501 (c)(3) organization which is filed under publication 78 on the IRS website. You can also find valuable information in a PDF report produced by the Internal Revenue Service that details how to donate your car to charity and receive a donate car tax deduction.

Take care in filling out the car transfer paperwork- You will sometimes find that charities prefer that you leave the car assignment ownership space blank on the form. This is convenient for the charity concerned as they do not have to go through the re-title of the automobile paperwork. Whatever you do - DO NOT DO THIS! If you leave the space blank and not formally transferring the auto over to the organization this can leave you open to a world of hurt in the future. As the charity rarely uses the vehicle for their own purposes, they will try and sell the vehicle as fast as they can at auction. If the new owner fails to register the vehicle in their own name then the law will hold you as responsible for the car. You would then be held accountable for any parking tickets, speeding fines and even worse if used in a criminal act it will be your neck on the line. If the charity wants you to leave the ownership transfer blank, then you can inform them that you cannot do that for the reason discussed, and if they insist you should walk away and find another charity. The risks that you face are just too great not to.

Car donation value for tax purposes- when you donate your car to charity if the fair market value of your vehicle is worth less than $500, then you can use the Kelley Blue Book or a similar valuation source to complete your tax return with their valuation, rather than evidence of the amount that the charity eventually receives at auction. This valuation method can also be used for when the charity uses the vehicle for their own day to day business.

If your car donations value is greater than $500, then the IRS will require evidence from the charity on the full amount they received for the vehicle. So if you know that your vehicle will have a value over $500, or suspect that it might be over this limit, then you will need to obtain a receipt from your charity on how much they got for your vehicle. If you do not obtain the receipt form them, you will be unable to claim the value on your tax return as you have to provide evidence of sale proceeds upon completion of the tax form. Most charities will provide a receipt for your records, but you will need to request it as they may not automatically provide one as a matter of course.

Car Donation - A Meaningful Charity

Car Donation - A Meaningful Charity

Unknown   1:38 AM

Extending support for the underprivileged members of our society, exhibits our symbolic attribute towards charity. Our small contribution to charity can bring about a significant change in the lives of some of our deprived fellow beings. Car donation is a form of charity which has the efficacy to substantially transform the lives of many disadvantageous people, who require our help. Charity through car donation actually translates into resources that fulfill the basic needs of thousands of unfortunate people, who expect our support. It not only gives us an opportunity to contribute our used asset towards the welfare of human society, but also gives us a chance to disburse our responsibility towards our fellow human beings.

Many non-profit organizations across the globe are engaged in carrying out various charitable car donation programs. Although, it signifies an effective means of charity, but it is obvious for donors to be skeptical about various programs. The donated cars are either sold or auctioned out by various charity organizations, for the purpose of raising money for their charities. In order to ensure that a reasonable proportion of money reaches for the worthy cause of charity, a car donor should ascertain the credibility of the chosen car donation program. Car donations are qualified for tax deduction, thus a donor can claim the requisite tax deductions for his or her donation, at the time of substantiating tax returns.

Various charities are involved in executing socially significant programs, which cover the spheres of health, education, environment etc. Some charities are engaged in supporting the impoverished children by providing them food, shelter, clothing and education. Vehicle donations throughout the world help such organizations to effectuate their activities. Before participating in a vehicle donation program, the donor should carefully choose the type of charity he or she needs to advocate. A discreetly chosen car donation program would certainly ensure that the donor's money reaches to the charity desired by him.

Significance of car donation programs can be understood by the fact, that they not only support various charitable activities, but also ascertain remarkable tax benefits. Money raised through these donation programs actually formulate into resources which enable the effective functioning of many charities across the world. It is our social obligation to come forward and participate in donation programs to support the welfare of human society.