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Vehicle donation just one way of making your contribution

В рубриках: Automobile | Автор: admin 08.12.2011

Vehicle Donation: Just One Way of Making Your Contribution

Over the past few months, charitable institutions have tried their best to encourage the public to make larger donations. The economic downturn has hit charities hard, causing a drop in their funding, and they need . more money than ever before to continue doing their good work. The main focus of charities recently has been vehicle donation. Major charitable institutions like The American Red Cross and the Goodwill Industries have found out that their income has suddenly increased because of more individuals contributing big donations like vehicle donation instead of smaller cash donations With this in mind, these charities are now trying to increase awareness of the benefits that come with an auto donation.  
Today, charitable institutions are looking at the bigger picture. They are sending out the message that you don’t have to just donate a car to make a difference. Charitable institutions accept all sorts of large donations. They are very capable of flipping those large items, getting the funds they need. Like others, I might think twice before donating my car, but there are numerous other items, slightly less valuable, in and around my home, which I would be hapy to donate to a charity. Many people feel the same and charities would like to capitalize on this.
These charities are mostly looking for motorboats, motors, trailers and other such things as donation. Their reasons for accepting such items as these are numerous. The charities can themselves go about selling the items and sometimes get more value from their sale than you would. There is also an advantage for those making the donation. Donating a boat, trailer or a similar item will entitle you to the same kind of tax exemption that you would recieve by donating a car or truck. The rules governing tax exemption are the same. You must record the details of the donation on your tax form, along with the value of the car.
All in all this is a win-win senario for you as well as the charities. Charitable institutions with the help of your donation will be able to continue their good work and you can enjoy a small tax exemption by getting rid of an item that you did not need in the first place.

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