Exclusive Car Donation Sponsor

Get Fresh Tips Every Week!
Don't Miss Any Car Donation Tips. Subscribe to the Car Donation Tip Newsletter.

View Archive

Bookmark This Site
Keep up with our Tips


Tip of the Day RSS Feed
Fresh Car Donation Tips Daily


Business Solutions
Our tips are powerful.
Our writers are experts.
Our results are guaranteed.

 

Listen to our Radio Show
Hot topics for both consumers
and webmarketers
on WebmasterRadio.FM

Every Wednesday, 5PM Eastern.

 



Ask to whom the proceeds will go, and in what percentages.

Several years ago, the General Accounting Office reported that many charities, using third party vendors in their car donation programs, received as little as 5% of the amount claimed as a deduction on the donor's tax return. While the 2005 changes to IRS guidelines for vehicle donations aims to ensure that charities derive more benefit from donations, it is still wise to investigate your car donation options to be sure the greatest amount of benefit goes to your chosen charity. Be just as informed about your automobile donation as you would be with a cash donation: if the charity does not accept your vehicle directly, ask about the dollar amount or percentage received by the charity.
5.9 5.9
Save Tip Tip Rating

Comments

Nobody has commented on this tip yet. Be the first.

Name:


URL: (optional)


Comment:




Learn more about our Content Development Solutions we offer our clients.