July 24, 2009, Newsletter Issue #159: Better Business Bureau Offers Advice on Vehicle Donations
Tip of the Week
The Better Business Bureau offers general advice to people who want to make vehicle donations:
* Do research and ask professionals for help.
* Seek legal and financial advice before you donate your car. Does it make financial sense to donate your vehicle? Is the charity able to meet your giving needs?
* Get the charity's annual report and read it. Find out how the charity managed its budget in the last fiscal year, including how it spent income from vehicle donations.
* Ask the charity how it uses donated vehicles. Does it resell them at wholesale prices? Or does it refurbish the vehicles for disadvantaged families that need transportation?
* Get receipts. Make sure the receipt has the registered charity's identification number on it.
* Check with your state Attorney General's Office to make sure the charity is registered as a 501(c)3.
* Contact the Better Business Bureau to find out if it has information on file about the charity and its vehicle donations.
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