Almost all charities depend on the philanthropy of the community that surrounds them. From donations to volunteering, many charities are constantly on the search for help with their mission and funding. You may know of a few ways to donate, such as clothing and household drops, but did you know that you can donate a car to charity?
Charities use car donations to raise funds for their mission. Some choose to auction and sell, while others will put vehicle donations to use within the charity. In fact, many charities will accept vehicles that aren’t in working condition for auction or to scrap the precious metals.
Whether you’ve been fortunate in life and are ready to purchase a new car or are having a hard time selling your unwanted vehicle, car donation is a win-win situation. Not only do you save the headache of selling your unwanted vehicle, but the charity of your choice has a new way to raise funds for its mission. To make the deal sweeter, when you decide to donate a car you can deduct the value of your donation from your Federal Income Tax.
Once you’ve decided to donate a car to Madison charity, it’s time to contact the charity of your choice and get the process going. Most charities have a quick contact form or hotline where you can arrange a pick-up. Before the charity arrives for the pick-up, it’s your job to make sure that it’s prepared for pick-up. Generally speaking, there are 3 big things to remember:
- Sign the title. Make sure that you’ve signed the title over to the charity before they arrive. This removes you of all responsibility for the vehicle.
- Cut-off services. If you have any type of insurance or service associated with the vehicle, make sure that you have it cancelled before the pick-up. There’s no use in paying for something that you won’t be using anymore.
- Remove all personal items. No matter how big or small the charity is, it's very difficult to ensure that personal items left in the car will make it back to the owner. That’s why it’s very important to check over the vehicle for anything you may want to keep.
When you donate a car to Madison charity you can rest assured that your donation is more than a tax deduction, it’s a way to give back to your community.