Charity Organizations - Finding the Right Candidate for your Automobile Donation
Many charity organizations accept cars and other vehicles as donations. It benefits the charity since the proceeds help them further their work. It benefits the donor since he or she gets rid of an unneeded vehicle. He or she also gets a nice tax deduction in the process. It benefits the purchaser of the vehicle since they get use of something that someone else didn't need. The environment benefits since the car is not on the junk heap. A move gives many benefits.
Charity organizations do good work in many communities. They are the ones there when times get tough. They are the ones there to help with the homeless and victims of domestic violence. They are the ones there to pick up the pieces after a natural disaster. They are the ones there raising money to help cure devastating diseases. Your donation of a car or other mechanized vehicle can give them more money to do this essential work. You get a deduction and a sense of satisfaction in exchange. It also relieves you of the burden of finding a private buyer for an old car that might have problems.
Charity organizations often use intermediaries to deal with the sale of the cars. This troubles some donors. They want all the proceeds to go to the charity. However, for smaller charities, using an intermediary cuts down on costs and hassle. While the intermediary keeps a portion of the sale of the vehicle, the charity receives the majority of the profit. They get it without needing to employ a specialist that deals exclusively with these types of donations. If you are still uncomfortable with the idea of an intermediary, contact a few of the larger charities to see how they handle their automobile donations.
Charity organizations make donating a car easy for the donor. All you need to do is contact the charity and let them know you have a car to donate. They will get some basic information from you and then come out to get the car. When they pick it up, they should provide a detailed receipt to you at that time. It should list the car's vital information as well as when and where they picked up the car. This information is necessary for you to make a legitimate claim for the deduction on your tax return. If you don't have it and the IRS audits you, you will be in deep trouble.
