Car Donation Tax Tips 2014

Donating a car can seem like a daunting task but here at Car Donation Wizard  we provide all of the necessary information that our donors need to know before they make that big decision.

Firstly, knowledge is key. There are a lot of car donation programs out there that claim to give high returns to their charity partners, when in reality the charities are lucky to receive 10%-30% of gross proceeds. 

Tip #1 : Ask how much of the proceeds from the sale of your vehicle go back to the charity and it’s missions/cause. Look out for charities or organizations that are partnered with charities that only tell you the net return- this should be red flag number one. 

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Raising Money for Relay!

In January Car Donation Wizard decided to form a Relay For Life team: Cars for a Cure. We have been slowly raising money through different fundraising events and today we had our official kick-off event, a raffle at our offices, to start the Relay Season.

We approached local businesses in Rhode Island and the response was overwhelming. We had over 20 prizes that were raffled off today; including salons, barber shops, local restaurants and two pizza places that donated pizza for the event.

The kick-off was a huge success and we raised $442 for our team. Next up for the Cars for a Cure team is a bake sale on June 6th.

Check out some pictures from the event:

20140522_115625[1]Members of our Relay for Life team: Kara, Pam and Kalyn

1400765664147[1]All of our raffle sponsors. Thank you !

Car Donation Wizard is doing its part to help create a world with more birthdays in it. Working directly with the American Cancer Society on their vehicle donation program, has allowed us to see first hand how every dollar raised can help cancer patients, families and survivors fight back against cancer. If you want to learn more about Relay for Life, check out this video:

 

Returns to charity, information to know before making a car donation

A charity has a responsibility to best manage your donation. Before making a donation of any kind, ask how much of the gross proceeds will go to the charity. If the organization will only list the percentage of net, then your donation could be largely wasted. Several published reports have clearly established that most car donation programs return between 15 and 35% of the gross back to the charity, but they report it as 50 to 70% of the net. This could mean the difference between the charity of your choice receiving $1,000 or receiving $150. CarDonationWizard will return between 75% and 80% of the gross back to the charity of your choice. Learn more by calling our customer service team at 855-957-2277 or visit us online at cardonationwizard.com.

Making Vehicle Donation Easy

If you’ve got questions on the vehicle donation process, we’ve got answers. Car donation is as simple as submitting a vehicle contribution form via the web OR over the phone (877-709-2277), whichever is convenient for you. It takes just a few minutes and some basic information about the vehicle you choose to donate. Before you know it your car donation will be one of the many reasons you bring a smile to a family in need.

Once your contribution form is complete you can simply return the required forms to our processing center. Your vehicle information is then assessed and we choose the best path in order to get your vehicle’s highest possible return. You will be contacted by one of our fast and courteous towing facilities closest to your area where arrangements are then made to schedule a pickup. We stay in contact with you, the donor, throughout this process.  Once your vehicle is picked up and sold, you will receive a receipt stating your deduction amount. This receipt can be used in conjunction with your income tax. We strive to bring the best customer service and make this process as smooth as possible.

For more information on our charitable partners click here.

Cars for Homes

Car Donations That Benefit Arts and Entertainment Charities

With the many organizations out there, it can be hard to narrow down just one to donate a car to. That’s why were shining the spotlight on some of the best organizations in the arts and entertainment category, that not only accept vehicle donations, but use them to continue sharing their values and showcasing their talents.

Here are a few arts and entertainment charities that you can donate a vehicle to today:

Ocean State Theatre Company

donate a car to ocean state theatre company

Founded in 2007, Ocean State Theatre Company, Inc (OSTC), aims to preserve the historic continuity of the Rhode Island landmark, Theatre By The Sea, located in Matunuck, RI, a quarter mile from the shore, and pursue avenues of art enrichment and education throughout the state of Rhode Island. Each and every car donation to OSTC will go directly toward the fulfillment of that mission.

The Society for the Preservation of the Great American Songbook

donate a car to the great american songbook charity

Donating a car to the Great American Songbook ensures that the great music of our country will remain accessible to those who grew up with it, so their children will learn and understand the history of this music and it will continue to be enjoyed by current and future generations. It’s is the hope of G.A..S. that children growing up in America will not be deprived of the knowledge and enjoyment of this music that is part of the character and heritage of America and the generation that created it will know it will remain part of what represents the best of our country.

Aid to Artisans

donate a car to aid to artisans

Car donations help create economic opportunities for artisan groups around the world where livelihoods, communities, and craft traditions are marginal or at risk. Aid to Artisans blend a passion for the deep-rooted cultures and handmade traditions of the developing world with a commitment to building profitable businesses. Environmentally sound practices are at the foundation of our methodology. Recognizing that we can only bring lasting economic growth if we provide an integrated approach to product development, business skills training, market access and eco-effective processes.

Alliance of Artist Communities

donate a car to alliance of artists

The Alliance gives a collective voice on behalf of its members, small and large, that leverages support for the field as a whole; promotes successful practices in the field; and advocates for creative environments that support the work of today’s artists. Donating a car to this organization helps provide, fund and advocate resources for the work of artists.