Friday, March 16, 2018

Reasons To Donate Boat To Charity

If you have a boat but you don't use it anymore, it may be time to consider giving it away to donate boat charities. Charities like Rawhide, for instance, rely on the generosity of people to keep their services running. So why would you consider giving your boat away?

10 Reasons to Donate Boat to Charity

  1. You are doing something good for people who need help, like at risk youths.
  2. You help the environment by recycling something you no longer use, meaning that it's not just sitting there and collecting dust (or algae!).
  3. Donating is much easier than selling, since you don't have to advertise, deal with time wasters, and negotiate on the price.
  4. You can deduct the value of your boat from your taxable income, thus reducing your taxes, after you donate it.
  5. You have the freedom to choose which charity you want to support and make a very significant impact straightaway.
  6. You will no longer be responsible for the various associated costs of owning a boat, including registration fees, docking fees, insurance, maintenance, taxes, fuel, and so on.
  7. You can donate a boat that is no longer running or in a state of disrepair.
  8. The process of making boat donations has becoming increasingly easy over the years.
  9. You can see the impact of the charitable work you have supported in your own community, depending on the charity you chose
  10. You no longer have to feel guilty about owning something quite expensive that you don't really use.

The Process of Giving to a Donate Boat Charity

As you can see, there are lots of reasons to donate a boat and you will be happy to know that the process is incredibly easy:
  1. Pick a charity that is 501(c)3 registered, which means you can deduct the value of your donation from your taxes.
  2. Arrange for them to pick up your boat.
  3. Wait for them to sell it at auction or do other work with it.
  4. Await your tax receipt.
  5. Deduct the value of your donation from your taxable income.
As you can see, the process is simple and easy. Add to that the fact that you do something good for your community and the world in general, and there should be nothing standing in your way to donating your boat.

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