Charity car donation – steps to take

Charity car donation – steps to take

Article by Moises Larue

You can donate your car to an array of charity organizations, but picking the most representative ones requires getting some past information. So before actually donating your car, make certain you get some relevant information about the charity organization, its purposes, projects and usage of your car. You may find out that there are numerous organizations that have different goals and you’ll probably find, among them, a great cause and possibility to donate your vehicle to something meaningful. Even more, make certain that your car is going to go to an eligible organization that’s serious in its acts and has valid previous work. To be able to make sure, speaking directly with the charity agents is the safest way to go. In fact, the IRS requests that the donors are aware of the type of the fundraiser society they select. When speaking with the charity representatives, the most important information regards the exact usage of your car, if it will be sold, fixed up, offered to the less fortunate people and so on. Apart from these, you need to check up if the charity organization is qualified and in order to know that for certain, you can review the organization’s state registrations and financial situations, administrative costs and charitable programs. Charitable donations and car evaluations

Another important thing prior to donating your car is evaluating it in a proper way. You will find numerous guides on the market which offer elaborate instructions, in order to establish the valid value of your car, depending on its general condition, accessories, age and mileage. After making sure that you chosen the correct charitable organization and the optimum evaluation, you ought to be aware of the fact that you are needed to complete and attach an IRS form to your tax return, just in case you’re claiming a car donation that values 500 $ or above. Donating an used car to charity is a superb solution if you are planning to purchase a new car or if you’re simply willing to contribute to a charitable activity. Knowing and following some steps before the actual car donation avoids further worries, because it makes the process a safe and fulfilling one.

Are there any hidden facts about used car donation which I should know about?

To begin with, not every used car donation programs are functioning legally. Before you make your used car donation, you should check with the IRS if the charity is a non-profit organization listed under paragraph 501 (c) (3) in the IRS Publication 78.

Secondly, consider if the used car donation program is run in-house by the charity itself or by a third party. If a third party is operating the used car donation program, you should ask what percent of the profit made by selling the donated vehicles actually goes to the charity. Often, third-party operated used car donation programs generate small amounts of cash for the charity. Smaller charities do not afford the costs of transportation and storage for the donated cars, as well as the costs involved in charity auctions. This is the main reason why charities accept to have their used car donation programs run by third-party brokers.

About the Author

If you want more information on Donate A Car, don’t read just rehashed articles online to avoid getting ripped off. Go here: Car donation information

Related Used Car Donation Articles