Donate car to charity
Donate Car To Charity
The first thing you would like to do is a pick a charity that you would like to receive your car donation. Call the charity yourself, make sure the charity benefits a mission you would like to donate to. Ask that charity what percentage of their proceeds go directly to fund their programs and what percent pays for administration costs.
You really do not want to donate to any organization that has administration costs of over 25%. Once you have decided that is your charity of choice, then you will want to ask if they will accept your car donation. You also want to ask what percent of the sale of your donated vehicle will actually benefit them.
Again never donate your car to one that does not give more that 75% of the sale of that car. There are lots of organizations that look like charities but are not. They are for profit companies, accepting your cars and giving five to ten percent of the proceeds to charity.
Make sure you call the charity you want to donate and make sure that car goes directly to the organization that you choose to donate to. They will probably give you a 1-800 number or a website. You want to get your title of ownership for your vehicle and then go to the website or call the number to submit your information.
They will ask you information like whose name goes on the tax receipt, what kind of car is it, year, make and model. They might ask you the VIN number for the vehicle, the condition of the vehicle and also contact information so they can go get the car. Once they have the information generally it is about two to four days to go out and pick up the vehicle.
They will want you to sign the title over to the charity. Never leave the title blank, sign to release your
ownership title of your car, date your signature and make sure that the buyer section of the new owner section of the title says the name of the not for profit entity you chose. Stay close to them and keep in contact until you have your receipt in hand for your tax deduction. If you itemize on your taxes you can use that as a charitable donation.