Top Tips For Those Wanting To Donate Boat

This short piece will provide some advice for those who are planning to donate boat to a charity like Rawhide. When you donate your boat, you are giving away something of significant value, so you want to make sure you do things right. Below are some top tips to help you achieve this.

1. Donate Boat to Properly Registered Charities

Rawhide is a 501(c)3 registered charity. This matters, because it means you can deduct the value of your donation from your taxable income at the end of the year. Because of that, it is advisable to only pick charities that have this IRS registration when you donate boat, or choose to donate something like a car or truck.

2. Understanding the Donation Process

This should be really easy. A good charity, like Rawhide, will have an online contact form through which you can tell them that you have a donation to make. They will then get in touch with you as soon as possible to pick the boat up. If you have any questions about the process, you will have time to ask them as well. No more than 30 days after your boat was picked up, you should receive your tax receipt with the value of your boat indicated.

3. Choosing a Charity

From the above, you may have noticed that there are two key things to look for in a charity: it must be 501(c)3 registered and it must have made the donation process very easy. But there are a few other things to look into as well:

It should be very efficient, meaning the money raised will actually go to the service users. You can check Charity Navigator and the Better Business Bureau for this and only work with a charity that has an efficiency rating of at least 80% and a BBB rating of A. Also, it should be a real charity. Sometimes, for profit middleman pose as charities, collecting your donations and filtering through some of the proceeds to charities. This means the charity will often receive as little as 5% from what is raised from your donation.

With these tips, you should be able to make a donation and be secure in the knowledge that people will actually benefit from your kindness and help.