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Car-Tech works with Vehicle Management Services, a
local “car donation” management company, to assist donors in the process
of donating a vehicle to charity. The advantages of vehicle donations
are numerous and include:
1)
Enabling you, the donor, to claim a tax deduction as your vehicle
donation is a Charitable Contribution of Property per IRS
guidelines.
2)
A simple, rewarding and zero-cost method of removing your
vehicle when it is no longer needed.
3)
The tax savings could result in a greater return than
advertising and selling a vehicle privately or trading-in to an auto dealer.
How it works:
Donating a vehicle will not cost
you anything. We will setup everything over the telephone when you have the
Certificate of Title in your possession and we can usually pick up within 1-2
business days, so it happens fast! You do not have to be there when the vehicle
is picked up, so if you work or have other obligations, you need not be
present. Your vehicle will be towed to an auto auction and sold to raise money
for the charity. There are many charities from which you may choose (click
here to view a list) and hopefully one of
the charities will be meaningful to you! The transport company will leave a
receipt for you at the time of pickup and a second receipt will be mailed to
you after the vehicle is sold at auction. This second receipt is yours to file
with your taxes and conforms to all IRS requirements. The vehicle donation
process is that simple!
IRS
Guidelines:
(Please note: The information listed below can be found
in greater detail via IRS publication #526 “Charitable Contributions” which can
be accessed at their website www.irs.gov)
The IRS placed new guidelines for
donated vehicles into effect in January of 2005. Vehicles which are donated to
charity and sold as a fund raising effort must meet the following
criteria:
1)
When you donate any vehicle, you may claim the smaller of:
a)
$500
- or -
b)
the Fair Market Value.
2)
If the vehicle sells for more than $500, the donor may claim
the sale amount as the Gross Proceeds and must submit a receipt from the
charity which states: the selling price; the date of the donation; a reasonable
description of the vehicle; the Charity’s Name, address and Tax ID number and a
statement certifying the vehicle was sold “at an arm’s length” transaction to
an unrelated buyer.
3)
As before, you may only claim the vehicle donation for the
tax year in which the vehicle is donated. Some people think that charitable
contributions can be treated like IRA contributions (ie: you can make an IRA
contribution up to April of the following year, but claim the deduction for the
previous year). This is NOT the case with charitable contributions. The year in
which you make the vehicle donation must be the same as the tax year you are
filing.
LIST OF CHARITIES:
These are the charities that may
benefit from your donation. Please review their information and use it to
decide which will receive proceeds from the sale of your donated vehicle.
S.P.C.A (Society for the Prevention of Cruelty to
Animals):
Caring for homeless, abused and abandoned pets since 1945. Visit their
website at www.monmouthcountyspca.org
for further information or contact Executive Director-Laurie Garrison at (732)
542-2030.
The Emmanual Cancer Foundation
Providing food, counseling and
support to families with a child diagnosed with pediatric cancer, since 1983.
Office Manager - J. Dianne Dill (908) 322-4323.
www.emmanuelcancer.org
Fairview
Lake
YMCA
Camps
Provides educational activities, programs and experiences to youth and families
through outdoor camping and activities. Many needy children are sponsored into
the program through the generosity of donations from
New Jersey
residents. Associate Executive
Director-Ellie Daingerfield (973) 383-9282.
Poricy Park, Middletown, New Jersey
Offering educational activities and information to those interested in learning
the history of local wildlife, preservation, nature walks and similar programs.
Joyce Ferejohn - Executive Director (732) 842-5966.
www.poricypark.org
Preferred Children's Services
Serving local youth with services benefiting children and families such as:
counseling, educational programs, social services, medical assistance,
training, shelter, etc. President/CEO -William J. Sette (732) 364-4590.
www.preferredbehavioral.org/children
Epilepsy Foundation
Dedicated to the education and support of people with
developmental disabilities including: Epilepsy, Cerebral Palsy, Autism, Mental
Retardation, Spina Bifida and traumatic brain inury. Manager, New Initiatives -
Samantha Griffiths
800-336-5843.
www.efnj.com
St. Joseph Church
Monsignor Donovan High, Middle and Grade Schools - Education and religious
services to Toms River, New Jersey and the surrounding areas. Director of
Development - Debbie Cini 732-349-0018 X-2211.
www.stjoesparish.org
National
Multiple Sclerosis Society, New Jersey Metro Chapter
Improving the quality of life through Knowledge, Health and
Independence
through
programs and support to those afflicted with MS and their families.
President-Jessica Moll 732-660-1005.
www.mjcms.org
United Way of
Summit, Berkeley Heights and New Providence
Strengthening and Supporting Families, Supporting Vulnerable and Aging
Populations, Helping Youth and Children. Executive Director - Hope Cassano
(908) 771-0717.
Algonquin Arts Theater
Providing cultural enrichment and educational enhancement of the highest
artistic quality through live performance, film and educational programs.
Executive Director-Jack Drew (732) 528-9211.
www.algonquinarts.org
Girl Scouts
USA, Monmouth Council
Giving girls a safe and nurturing environment in which to grow strong so they
can assume the role of active citizens in their own community. Patricia Walsh,
Senior Director Development & Public Relations (732) 938-5454.
www.mcgirlscouts.org
Habcore
Habcore provides housing for homeless adults in the
Monmouth
County
area.
Steve Heisman, Executive Director 732-544-1975.
www.habcore.org
Monmouth Council Boy Scouts of
America
Preparing boys for the future while
instilling positive values and building leadership skills. Council Executive -
Lee Marconi (732) 536-2347.
www.monmouthbsa.org
Signs of
Sobriety
An advocacy program for deaf and hearing impaired individuals with substance
abuse problems. Executive Director-Steven Shevlin. TTY: (609) 882-7177 Voice:
(609) 882-7677. Email Address: info@signsofsobriety.org
www.signsofsobriety.org.
Family
Support
Center
Their goal is strengthening,
preserving, and supporting families and individuals with special needs in
New Jersey
.
Director-Samantha Griffiths toll free - 800-372-6510 or 732-528-8080.
www.familysupportnj.com
Court Appointed Special Advocates
(CASA) of New Jersey, Inc.
An organization of volunteer advocates trained to speak as an independent voice
in court for the best interests of abused, abandoned and neglected children
that are in the out-of-home placement program of the court system. Rita Gulden,
Executive Director. 973-410-9409.
www.casaofnj.org
Patriots Path Council, Boy Scouts of
America-Providing
strong scouting values for boys in
Morris
County. Joseph Gonnella
, Director of Finance.
www.ppbsa.org
Jersey
Shore
Council,
Boy Scouts of
America-
Assisting boys in scouting while
building a brighter tomorrow. Ethan Draddy, Craig Shelley. Phone #
732.349.1037.
www.jerseyshore-bsa.org
Big
Brothers/Big Sisters of Monmouth County- Providing
mentors to single parent children. William Salcedo, Exec. Director. Phone #
732.544.2224.
www.bbbsmonmouth.org
Autism Family
Services of New Jersey- Support for children, adults
and family facing the many challenges of Autism. Samantha Griffiths
- Manager of New Initiatives
877-237-4477.
New Jersey
Repertory Company-
A celebration of theater and the arts
while developing and producing new plays with diverse themes. Teresa Staub,
Dir. of Dev. 732-229-3166 x-104.
www.njrep.org
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