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!

4 Easy Steps To Profit From Donating Your Vehicle

1)    Choose A 501(c)(3) Charity. Make sure that your chosen charity has the 501(c)(3) public charity status, because donations to most 501(c)(4) charities are not tax deductible. 501(c)(4) organizations are civic leagues and social welfare groups that have the ability to lobby the government, like the Disabled American Veterans and the National Rifle Association. To find out which charities are qualified by the IRS to receive tax-deductible contributions, see IRS Publication 78, Cumulative List of Organizations.

2)    Know How the Charity Will Use Your Car. If the organization you choose will be selling your donated vehicle, you are entitled to a deduction equal to the gross proceeds from the sale, as indicated on the final receipt. This means that you can get a deduction for the amount the car was sold for, NOT how much the car is actually worth. The only exception to this rule is that if the car is sold for less than $500, the donor can apply for a deduction in the amount of either $500 or the fair market value of the car, whichever is less.

3)    Know How Much Your Car’s Worth. As you may have guessed from the last tip, it will be handy to know your car’s fair market value to assess if donation is the best option. In addition, if the charity will be keeping your car for use, making improvements to it, or selling or giving the car directly to a needy person at a value far below fair market value, you may be able to receive a deduction in the amount of the car’s fair market value. This might impact your choice of charity, so know your vehicle’s worth before taking the plunge!

4)    Do Your Paperwork. In order to receive a tax deduction when you donate a car, truck, boat, motorcycle or RV, you must have a written acknowledgement from the charity that they received your gift. This document must contain your name, taxpayer ID, the vehicle ID number, the date of contribution, and a statement that outlines what (if anything) the charity gave you in exchange for the car at the time of donation. In addition, you should itemize the deductions on Schedule A of Form 1040 and include Form 1098-C Contributions of Motor Vehicles, Boats & Airplanes, which should be provided to you by the charity within 30 days of the vehicle’s sale. If your car is worth more than $500, you must also complete IRS Form 8283 Noncash Charitable Contributions and attach that to your taxes.

Ready to Donate your Car?

If you’re looking for a 503(c)(3) charity in the Gulf Coast region that will gladly accept your donated car, consider the Greater New Orleans Volunteers of America. To find out more about how you can provide a helping hand to kids, families, seniors and veterans in sixteen Louisiana parishes, visit their website to donate your car, or call (504) 525-2179 today.

Vehicle Donation Made Easy

Charities realize that you’re a busy person, so they’re making it simpler than ever for you to give your car, truck, boat, RV or motorcycle to a good cause. Once you’ve decided to donate your vehicle, it’s time to decide which charity you would like to support with your gift. It will help to research how your charity plans to use your donation, in order to make sure the maximum amount of your gift is going to help people in need. Watch out for online scam sites that offer to collect your car for charity; sites like this donate a portion of the proceeds to good organizations, but keep most of the money for themselves.

After choosing a charity, it’s time to contact them and tell them about your wish to donate your vehicle. Different organizations offer a variety of ways to donate cars, including donating by fax, phone, mail, email and in person. A popular New Orleans’ based charity organization, the Greater New Orleans Volunteers of America, even offers donors the unique ability to donate a car online using a simple form.

There are several things you need to know in advance of giving your car to charity. First, how much is your car worth? This information is helpful for both you and the charity, as it will help give them an idea of how many people they can help with your donation, while allowing you to anticipate how much you can write off as a tax deduction. Second, what’s your preferred mode of communication? If you don’t have access to a fax machine, then donating a car by fax will obviously not be the best choice for donation method. No matter what method you choose, most charities will have a representative available by phone to help you through the donation process.

Once you’ve completed the initial donation paperwork, it’s time to get your car ready to go! Clean out any garbage or personal effects, making sure to check the glove compartment, ash tray, consoles, floorboards and trunk. Coordinate with the charity organization to decide on a time when they will come and collect your car, then leave the keys, owner’s manual and title information on the driver’s seat or in another place that the organization’s driver will easily find them. You might also want to check with the charity to find out if you should remove the license plates from the vehicle, as rules on this differ by state.

Where To Donate A Car In New Orleans

If you’re looking for a trustworthy organization that accepts car donations in New Orleans, the Greater New Orleans Volunteers of America is a great charity to choose. The VOA serves kids, families, recovering drug addicts, the homeless, disabled persons, veterans, and the elderly in communities across 16 Louisiana parishes. Visit www.voagno.org or call (504) 482-2130 to learn how to donate your vehicle.

One Man’s Trash is Another Man’s Treasure

Remember that even though you have been driving your car around for years and are ready to get rid of it, it’s still a valuable asset. Whether your vehicle is just out of style or is up on blocks and only good for parts, it’s still good for something. This means you should:

1. Find Out Its Value. You’re entitled to a tax deduction equal to the car’s value. Check Kelly Blue Book (KBB.com) to find out how much your vehicle is worth. Keep in mind that if the car is not in drivable condition and it’s also not worth much, some charities might not be willing to pay for a tow company to pick it up. Cases like this are rare, and a representative of your charity organization will be able to offer a solution if this happens to you.
2. Fill Out Paperwork. For many people, donating a car, truck, motorcycle, or boat is one of the largest donations they will ever give. Don’t miss the opportunity to get credit for this on your taxes. Most charities will be able to provide the correct paperwork, and will help you fill it out correctly.
3. Clean it Up. Don’t bother taking the vehicle to get detailed (unless you want to be extra nice), but do clean out the glove compartment and trunk, make sure there’s nothing under the seats, and throw away any trash or old cigarette butts.
4. Make it Accessible. Make sure the car is easy to get to. Take it out of the garage, or at least make sure it’s easy to move. Clear off any objects that are around, under or on it that could prevent the organization from easily taking the car away.
5. Plan Ahead. Many charity groups will come and pick your car up for you at no cost. Most charities don’t need you to be present, but if you must, arrange a pick up time that fits your schedule. Remember that the charity workers have a schedule to keep, too.
6.  Hand Over Keys and Title. Since donating a vehicle to charity includes ceding ownership, you’ll need to have the car’s title documents. Make sure to hand over any keys you have for the vehicle, including separate keys for the trunk or gas tank. If you will not be present when the car is taken, leave the keys, title and owner’s manual under the dashboard.
7. Remove License Plates. Depending on your state of residency, you may need to remove your license plates. Check with the charity to see if your plates should remain with you, or on the car.

Want to Donate a Car in Louisiana?

The Greater New Orleans Volunteers of America makes it easy for people in the Gulf Coast region to donate vehicles for a great cause. If you’re interested in using your car to make a difference, donate your vehicle to the VOA. For more information on how your donation helps children, the elderly, and the disabled, visit www.voagno.org or speak to a representative at (504) 525-2179.

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.