Comments on: How (and where) to donate your car to charity http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/ Christian Personal Finance - Financial help blog, debt help and other financial resources Tue, 14 Feb 2012 21:22:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bettina Curtis@car donation http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/comment-page-1/#comment-104785 Bettina Curtis@car donation Sat, 12 Feb 2011 23:45:12 +0000 http://christianpf.com/?p=4865#comment-104785 You can donate your car to any car donation program but make sure to just donate it to a reputable one so your effort won't be wasted. In my case, I like the car donation program of Wheels for Wishes because they benefit your local Make A Wish Foundation who grants wishes to children who have life threatening conditions. I like kids therefore I want to give them hope. You can donate your car to any car donation program but make sure to just donate it to a reputable one so your effort won’t be wasted. In my case, I like the car donation program of Wheels for Wishes because they benefit your local Make A Wish Foundation who grants wishes to children who have life threatening conditions. I like kids therefore I want to give them hope.

]]> By: Mike Elliott http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/comment-page-1/#comment-45578 Mike Elliott Fri, 11 Jun 2010 18:55:56 +0000 http://christianpf.com/?p=4865#comment-45578 Teen Challenge is a great resource for donating a Vehicle to. If your looking to donate a car find a Teen Challenge Center near you that accepts them. Teen Challenge is a great resource for donating a Vehicle to. If your looking to donate a car find a Teen Challenge Center near you that accepts them.

]]> By: Personal Finance Student http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/comment-page-1/#comment-20068 Personal Finance Student Mon, 18 Jan 2010 17:49:33 +0000 http://christianpf.com/?p=4865#comment-20068 Cars4Charities seems like a really good one to donate cars to. All of the process can be done online. Cars4Charities seems like a really good one to donate cars to. All of the process can be done online.

]]> By: Cars4Charities http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/comment-page-1/#comment-20040 Cars4Charities Sun, 17 Jan 2010 22:10:34 +0000 http://christianpf.com/?p=4865#comment-20040 You can donate a car to any of hundreds of great charities at Cars4Charities. Car donations are fast, free and you can donate car anytime at http://www.cars4charities.org/. You can also donate car that doesn't run any longer. You'll get a tax deduction of at least $500 when you donate your car and help a good cause too! You can donate a car to any of hundreds of great charities at Cars4Charities. Car donations are fast, free and you can donate car anytime at http://www.cars4charities.org/. You can also donate car that doesn’t run any longer. You’ll get a tax deduction of at least $500 when you donate your car and help a good cause too!

]]> By: Holly http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/comment-page-1/#comment-19815 Holly Tue, 12 Jan 2010 15:03:18 +0000 http://christianpf.com/?p=4865#comment-19815 Teen Challenge (I think there are several around the country) take car donations. Teen Challenge (I think there are several around the country) take car donations.

]]> By: bondChristian http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/comment-page-1/#comment-19813 bondChristian Tue, 12 Jan 2010 14:48:05 +0000 http://christianpf.com/?p=4865#comment-19813 Thanks for the comment too, Bill. I didn't about the holding period. I've never donated a car to a charity, but when I was younger, my family gave a couple cars away to friends who needed them. The process there is very similar... particularly about not letting them find you. :>) I love advice like this that can be transferred to difference but similar situations. Thanks for the post. -Marshall Jones Jr. Thanks for the comment too, Bill. I didn’t about the holding period.

I’ve never donated a car to a charity, but when I was younger, my family gave a couple cars away to friends who needed them. The process there is very similar… particularly about not letting them find you. :>)

I love advice like this that can be transferred to difference but similar situations. Thanks for the post.

-Marshall Jones Jr.

]]> By: Bill http://christianpf.com/how-to-and-where-to-donate-your-car-to-charity/comment-page-1/#comment-19773 Bill Mon, 11 Jan 2010 18:03:45 +0000 http://christianpf.com/?p=4865#comment-19773 As a bookkeeper for a small church, I have NEVER given a statement of worth for a non-cash donation. We're advised to let the donor determine the fair market value. We do acknowledge the receipt of the gift with a reasonably detailed description of the property. Be aware that if the charity disposes of the within three years, they are supposed to file a form 8282 describing what they received for it. If the charity actually sold the donated item, the original donor MAY need to file an amended return. (using your example, if you deducted $1500 and they sold it for $700, you may have just lost $800 in deductions.) For this reason, we have held donated items (dump trucks, motorcycles, jewelry) for several years to protect the donor. As a bookkeeper for a small church, I have NEVER given a statement of worth for a non-cash donation. We’re advised to let the donor determine the fair market value. We do acknowledge the receipt of the gift with a reasonably detailed description of the property.
Be aware that if the charity disposes of the within three years, they are supposed to file a form 8282 describing what they received for it. If the charity actually sold the donated item, the original donor MAY need to file an amended return. (using your example, if you deducted $1500 and they sold it for $700, you may have just lost $800 in deductions.)
For this reason, we have held donated items (dump trucks, motorcycles, jewelry) for several years to protect the donor.

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