Wednesday, December 31, 2014

Car Donation

A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause. A donation may take various forms, including cash offering, services, new or used goods including clothing, toys, food, and vehicles. It also may consist of emergency, relief or humanitarian aid items, development aid support, and can also relate to medical care needs as i.e. blood or organs for transplant. Charitable gifts of goods or services are also called gifts in kind... https://en.wikipedia.org/wiki/Donation

After you have selected a charity use our Car Donation Form to submit your car donation application or call us toll-free at (866) 392-4483. We work with our public radio colleagues at Car Talk Vehicle Donation Services, to ensure that yourcar donation donation delivers the highest possible donation to MPR and that your experience is convenient, efficient and even fun. For example, it recently took a donor’s 1972 Porsche 911 to a premium car auction, where it netted five figures for a public radio station.
Car Donation

You do not need to be present when your car is picked up. In many states you can still donate your car to charity even if you lost your title. Beware that the donor’s tax deductions for car donations may be limited to the price at which the charity sold the car.

Listed below are tips for donors who would like to donate a car to charity. The driver will leave you a tow receipt showing that he/she collected the vehicle on behalf of Colorado Public Radio via Vehicles for Charity. The maximum amount you can deduct is the fair market value of your car.

Your vehicle can be scheduled for pick up within 24-48 hours after your title has been received by our vehicle donation processing center. Besides giving your car directly to a charity, there is another way your vehicle can help a charity and also maximize your tax benefits: You can sell the vehicle yourself and donate the proceeds. When you donate a car to Charity Cars, running or not, 100% of your donation goes to our charity and helps us provide the gift of transportation to a family in need.

In order to complete the following, you must have your original car title and, if applicable, lien release. Car Talk Vehicle Donation Services provides a service and mechanism to all Public Radio and TV stations to allow them to solicit and accept donations of vehicles from their supporters. Otherwise, you can only deduct the amount that the charity sells the car for at auction as indicated on the written receipt the charity sends you.
Car Donation
Car Donation

If you want to claim fair market value for your car donation to reduce your federal income taxes, you must itemize deductions. We will also need some information about where the car is located and the condition of the car. Your vehicle will be either sold at auction or sent to an auto recycler and a portion of the proceeds of the sale will come to Colorado Public Radio.

At Car Donation Wizard we bring donors and charities together. Donate a Car makes donating a vehicle simple for both you, and the charity you love. It is easy to donate a car to charity, but if you want to have some financial benefits from donating car then you must meet certain conditions.

Charitable car donations also help provide job training in car repair for participants in our recovery program. Car donation through this charitable organization does not directly benefit the animals because of the cars themselves.
More:http://www.about-car.info/car-donation/

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