Fund Raising Ideas for Groups in the New Millennium!
A Car Donation Does Make a Big Difference
Mother nature’s fury, floods, hurricanes, and earthquakes, have
wreaked havoc on many people, and communities. As a result of these devastating
events, homes, and lives have been destroyed. Rebuilding infrastructure and
property, requires a great deal of resources, and capital. Federal, and local
financial aid are much needed, however this aid falls short of what is truly
required. Individual contributions are vital to fill these vast short falls.
Beyond monetary contributions, donating a used vehicle can greatly benefit the
needs of these desperate communities. A car donation is a process whereby both
the donors, and the recipients benefit from the transaction.
Car
Donations are relatively easy, and are done through a charity vehicle donation
program. Generally, a telephone call is all that is necessary, in addition to a
clear title to the automobile. Many charities will take vehicles that are
running or not running. The car donation program will arrange for the vehicle
to be picked up, conduct a charity auction sale, and distribute the proceeds to
the charity of your choice. It is important to have the following information
ready before you make the call:
-Owner's name
-Owner's address
-Owner's telephone number - work and home
-Owner's e-mail address
-Year, Make and model of vehicle
-Running Condition?
-Address
where the vehicle is located.
-Approximate mileage on vehicle
Your car donation is fully tax deductible, as long as the charity is a
registered 501(c)3 organization. A registered 501(c)3 organization is a
non-profit organization permitted by the IRS to accept contributions and offer
donors a tax deduction for their gifts. Thanks to a new tax law in effect as of
January 2005, the IRS has taken the guesswork out of determining the value of
your vehicle. You may deduct the full price that is received from the sale of
your car. This greatly simplifies the process, because you no longer have to
research and arrive at an estimate of the fair market value of the vehicle.
This also eliminates the risk of getting into trouble by overstating the value
of your deduction on your tax return. You’ll know exactly the amount you
may deduct, eliminating guesswork, and saving both time and risk.
A
car donation will help provide humanitarian aid, and disaster relief for
devastated areas, and communities. Additionally, a car donation will eliminate
the hassles of selling a car, and give something back to a community in need at
the same time. A car donation can and will make a difference.
Article written by Jay B Stockman
Jay B Stockman is a
contributing editor for Charity Car Donation Service Resource Visit
www.car-donation-usa.com/ for more information.
FUND
RAISING