Things to Know when Donating a Car:

            As you begin your research on available options for donating a car, you will find that there are many companies from which to choose. Having a list of your own criteria is always a good idea so you know exactly what to look for in order to get the results you want or need. For example, if you need the donation to be tax deductible, then you will need to know that the recipient of the vehicle is reliable so that you aren’t faced with penalties or rejection of the deduction later on. You also want to be sure that the company to whom you donate the car is legitimate, and a good way to confirm that information is by visiting the Better Business Bureau web site as well as CharityNavigator.org. These resources will alert you of any complaints or history of wrongdoing on the part of your chosen group.

If you plan to donate to a charity, they should also have their own web site where you can verify two critical pieces of information. The first is determining whether or not the organization is an Official IRS Recognized 501 (c) (3) Charity. This status should be plainly visible in a public format (like a web site) so that you won’t have any unwelcome surprises when you submit your taxes. The second is what percentage of donated revenue actually goes to the organization’s intended recipients. The law does not stipulate a required minimum amount, so beware of charities that do not advertise this information because the actual amount could be as low as 1%. If a charitable organization is truly legitimate, they will want donors to know these two things so it should be relatively easy to find on a web site or in promotional literature.

Another essential part of choosing an organization is the convenience with which they will handle the transaction for you. There should never be any hidden fees or transportation costs to the donor, and you should also look for a group that has simplified the process. Remember, you are donating to them, so the process should be simple, quick and hassle-free. Will they take care of picking up the car? Do you have to be physically present at the time? What will you need to provide? When will you receive the receipt? These are all important questions to ask before you agree to go through with the transaction.

To Donate a Car Online or by Phone, Fax or Mail:

            Donating a car can be as quick and easy as two simple steps that require only minutes of your time. Volunteers of America accepts all cars, trucks, RVs, motorcycles and boats whether they are operational or not. Pick-up is always free and receipts are usually mailed within 24 hours of the completed transfer. At www.voagno.org, you can begin the 2-step process; or email your donation. All you need are the keys and the title and VOAGNO will handle the rest! They also accept car donations by fax, phone, and mail. To donate a car by phone or fax call (504) 525-2179, or toll free at 877-721-4862. To donate a car by mail, simply call the local number above and they will provide the mailing address. Make a difference in someone’s life today!

Some organizations available to donate your car to are actually turning around and selling the vehicle for profit and donating a portion of the money to charity. To be sure your donated vehicle is going to someone in need, there are some things you can do.

5 Things to Do First Before Donating Your Car to Charity

1. You should check the Charity Navigator or Better Business Bureau web site to make sure you select a legitimate charity. Make sure your charity meets the Standards for Charity Accountability. These standards were developed to encourage fair and honest solicitation practices, to promote ethical conduct and advance support of philanthropy.
2. You should consider choosing a local charity, one you are somewhat familiar with or have donated to previously. Choosing a local charity will make it easier for everyone involved.
3. Talk to someone you know who has donated a vehicle and ask about their experience.
4. Before you choose an organization to donate your vehicle, you should first figure out the Fair Market Value of your vehicle for tax deduction purposes. You can search Publication 78 on the IRS website to find out the specific guidelines for calculating the Fair Market Value of your vehicle. You must also take into account any accessories, the car’s mileage and the physical condition of the vehicle. Tax Law Regulations change every few years and so do deduction specifications. It is important to check with the IRS for any changes in tax laws regarding donation deductions.
5. When donating your vehicle you should be certain to choose an eligible organization or your donation may not be tax deductible. Many taxpayers can’t take a deduction for their donated vehicle because they don’t itemize their deductions and choose to take the standard deduction instead. You should be given an IRS form 501c(3) to file with your taxes. There are also record keeping requirements that vary depending on the amount of deduction.

Although it may require a little homework on your part preparing to donate your used vehicle, there is another benefit besides tax deductions. For most people, knowing that you are helping someone in need makes you feel better about yourself and brings a sense of peace and happiness.

Donate your Vehicle to Volunteers of America

If you would like a recommendation for a charity organization that meets all of these requirement listed in this article than we highly recommend Volunteers of America New Orleans. Volunteers of America New Orleans services the Greater New Orleans area who can use all the help they can get post Katrina. If you have an old or new car that you would like to donate for a good cause then click this link here to Donate Your Vehicle to Volunteers of America New Orleans.