Consider a Car Donation for Charity

If you have any vehicle that you either no longer fully utilize, is broken down or you no longer want, there is a noble way of disposing it that make you feel and come out a better person. You can donate that car to Charity in an easy method that benefits the needy while giving you tax benefits. There are numerous entities that can facilitate the donation process so that you don’t have to go out of your way to ensure that it is properly disposed and the proceeds forwarded to charities in your place of birth, your current community, where your relatives reside or even where you went school. 

 

What Happens To The Car?
The charities that benefit from your generous donation can elect to dispose the car either directly to prospective clients or to a dealership.

Read More

Reasons to Donate Vehicle and How It can Help Others

Did you know that when you donate vehicle, you are not just helping your chosen charitable organization but yourself as well? The IRS gives you tax deductions for every vehicle donation you make which is why donating a vehicle is not just beneficial for the receiver of the proceeds but for you as well. The tax deduction when you donate vehicle is stated under the car donation laws which have been in effect since January 2005.

Below are some of the reasons that can help you decide to donate vehicle:

• Tax deductions: A lot of individuals decide to go for a car donation instead of selling the car to dealers especially since cars priced over $500 can entitle the individual to a tax deduction worth the price of the car. Instead of exerting extra effort to find buyers or advertising an old or used car, a car donation still gives the individual who donates savings by tax deduction.

• Personal fulfillment: Giving back to people or organizations which are in need of financial assistance through your donation can bring you a different level of fulfillment knowing that your “small act” of donating a car can help fuel their organization forward. While it is true that the car donation facility gets to keep a percentage of the proceeds from the vehicle, the amount donated to charitable organizations still sums up to a lot for those who are on the receiving end. Knowing you can help change some lives when you donate vehicle is something you can be proud of.

• Less hassle: Instead of going for the traditional methods of making money from your used car by selling it to interested buyers or selling it to a junk shop, you can entrust your used vehicle to a vehicle donation agency which will arrive at your doorstep with the accomplished tax documents for you. You can save yourself the trouble of finding buyers when you donate your car instead.

Important Thing to Note Before Donating

You must remember, however, that not all car donation facilities are legit. Also, keep in mind that you will only receive tax deductions when the donation is made to an IRS approved charity. When you have made up your mind on which charitable institution you would like to help, getting in touch with a trusted vehicle donation agency is the next thing to do to ensure that your donation will not go to waste.

Read More

Donating Your Car: Where and How

Do you have a car that you would like to make a contribution? It is no hush-hush that automobile donations offer aid organizations with much of the funds that are used to do things like explore cures, shelter those on the streets, protect kids and much more. Donating a car is one of the best alternatives to clear yourself of an older automobile while giving you the prospect to perk up your tax situation and, in turn, assist others.
Previously people have to go through a lot of bothering if they make a decision to donate a car. But today, many charitable organizations have gradually come to rely upon the returns from car donations. In fact, many charities organize vehicle donation programs. So, customers who desire to donate a car frequently get themselves asking the unchanged query, “where to donate a car?". Read this piece of article to make your car donation imaginings a reality.

The primary step in any donation is to decide who you would like for your contribution to lend a hand. There are numerous charitable trusts that accept automobile donations, giving you an effortless way to assist the needy with your redundant car. No matter what the make or model, whether it's running or not, they will come and pick up your car. In return, you not only get the feeling of serving a local aid organization, but also given an income tax deduction as well. Sometimes, the deduction may value more than what the trader will provide you!

The greatest way to find an openhanded organization which is concerned in a car donation program is by searching online. While online, you can have a word to a representative who can give details about the steps and actions essential to get a tax deduction through automobile donation. These organizations also have their representatives experienced in tax laws who give you with thorough information relating to the tax deductions. It is fairly significant that you recognize the tax deduction rules for car contribution so you will be familiar with what to anticipate on the topic of the reimbursement you'll get from your donated car.

Now the question arises that why one should donate his or her car. In addition to being paid a precious tax deduction, you can sense the goodness about the reality that you have helped the deprived ones. Car contribution programs prop up compassionate projects ranging from orphan care, AIDS alertness, and medical respite. Also, many car donation programs make their center of attention on supporting the handicapped, teaching drug consciousness, increasing computer literacy, providing relief in urgent situation and offering food backing. Let’s be included in the national movement for car donation.

Read More

Making sure you get the Highest IRS approved tax Exemption for your Car Donation

If you wish to donate your car to charity, the first thing you need to make sure is to choose a vehicle donation agency that works with only IRS approved local charities. You can find quite a few car donation agencies in your town, but most of them may not donate the proceeds from the sale of your vehicle to a charity that is enlisted by IRS. However, you should bear in mind the following features of a credible agency for car donation:

• A+ rating in BBB and known for providing funds to a registered non profit charitable organization

• The agency should provide certification for donation and deliver release of liability delivered in person, email or postal mail

• If you do not have the keys, ownership papers of your car, or if it is not in running condition, you can still find some credible agencies willing to facilitate vehicle donation

• The agency should offer free consultation 7 days a week

• They should have an office near your home

• The agency should provide towing or pickup of your vehicle on the same day

A credible agency helps you donate a car for charity with minimum of fuss. They take care of all the legal formalities of the same too.

For more information visit the website.

Read More

Tips for Donating a Car Quick and Easy

If you want to donate your car for a philanthropic purpose, choose an agency which helps you make a difference by your act of charity. A few tips given below will help you do so quick and easy:

• Choose from a list of local charities – To begin with, you need to choose from a list of local charities in town. These may include American Kidney Fund, American Diabetes Association, American Red Cross, and others in your locality.

• Find out an agency which supports a local charity of your choice – The next step is to find out a trusted local agency in your town which supports the local charity in your town. When you log on to the website of such an agency, you can find a page entitled “Charities We Support” or something on similar lines.

• Submit a car donation form or make a request on call – On the website of your trusted car donation, agency you will find a simple and secure car donation form. Apart from filling and submitting that, you can also give a call to initiate the process of car donation.

• Wait for hassle-free car towing and receipt – After you have made the request, a professionally licensed, bonded and insured towing company will reach your home and tow away your vehicle securely. They will offer you an authentic receipt showing that the vehicle provided by you would be used for the charity you have specified.

Bear in mind that your vehicle may be used for hauling goods by the charity, or it may be sold by the charity itself or by a dealer to raise funds. However, the charity receives very little if the dealer sells the car. So, make sure when you donate a car to charity that it benefits your charity the most. Otherwise, donating a car will only help you get tax benefits, not benefit the people you want to help.

To get the more information visit at http://www.donatemyvehicles.org/

Read More

Legal and Ethical Practices for Donating your Car

If you are wondering, “How to donate my car to charity” it would be advisable to consider an agency for the same which takes care of all the legal details of donating your vehicle. They should follow the highest legal and ethical practices for vehicle donation. You need to follow the steps given below to ensure compliance with laws and ethical code of conduct when donating your car or any other vehicle:

• Try to learn about the organizations that have vehicle donation needs, which include businesses and car dealerships across the USA. You then need to contact the agency which provides for charitable vehicle donations.

• The process of donation should be simple and you will not have to face any undue hassles. Even if you want to donate for a particular cause, the credible donation agency can help you in that too. They will inform you about how your donation is helping the people and their communities.

• The vehicle donation agency will let you know about the cases in which your donation helped in treatment. Whether it was used for kidney transplant or any other humanitarian purpose, you will be informed about it.

• The donation agency that you choose should have experience in receiving all types of cars, trucks, vans and even real estate.

• The agency should handle all paper work related to the donation with minimum of fuss

• You should be able to click the donate button on their website to initiate the process

• They should have capable legal professionals to ensure that you get the highest tax deduction and also that all your legal claims are protected

• In short, the process of donation should be so well handled that it should have the maximum benefit for you and the recipient of your vehicle

Apart from these factors to look for, there are some factors that you need to be wary of when looking for a credible car donation agency. If you find an agency offering your vacation plans as a part of car donation, this should act as an alert for you. Pay heed to the instructions given here if you want to make the most of your car donation. It would be advisable for you to be thorough in your internet searches in order to locate a vehicle donation agency which is adept in accepting cars for charity in the meticulously legal and ethical ways explained in detail above.

Read More

Make sure you receive the Tax benefits when you donate a vehicle

To donate a vehicle to charity has many benefits. Most importantly, the money from reselling your vehicle helps people in need. You need to choose a reputable charity for the purpose. Just pick up your cause and look for agencies fighting for it. You can find charities dedicated to fighting cancer, diabetes, and kidney diseases among other activities. Always verify that it is a reputed service to the society. You can use the Better Business Bureau for verifying the authenticity of the service.

While selecting a suitable cars for charity service, make sure that your donations get you tax benefits. Always insist on seeing the paperwork that clearly mentions your tax rewards. You may also need to discuss the issue with an efficient tax counselor. You may employ an intermediary for facilitating the donation. However, make sure a significant portion of the money raised through your car/boat actually reaches the charity. Ask questions to the intermediary about the percentage of amount they would keep for themselves. Also, you need to ensure that the middleman works with a registered charitable organization. You need to never lose focus of your key purpose, which is about the supporting the cause close to your heart. 

Donate a vehicle only after careful scrutiny. While filling up the paperwork, make sure you are formally re-titling the vehicle to the charity. Follow this up with reporting the transfer to the motor vehicle licensing department of your state. These are mandatory steps, otherwise you may have to oblige to paying parking tickets and fines even after donation.  

Always do your research on the non-profit organization accepting cars for charity. The organization must be in IRS eligibility list as a 501(c  ) (3) organization. The Publication 78 in the IRS website would be able to inform you about the qualifying nonprofit organizations.  

Read More