By David Everett | The Importance of Car Donation to Charity and Non-Profit Organizations
Although the multitude of advertisements that are evident whose job it is to encourage car donation to charity would have us believe that these donations form a major part of the fundraising activities practiced by charities and non-profit organizations (NPOs), this is not necessarily the case. Most charities and NPOs rely more heavily on the more traditional forms of donation, such as household goods and donation of stock to thrift stores.
One of your prime considerations, before you actually donate a car to a charity, should be how the charity or NPO in question could benefit from your donation. It is a fact that a car that is a runner, or a car that can be fixed up without incurring major expense, is far more valuable to them than one that will just be sold on. They can either use the car themselves, to further their charitable work, or give it to a needy person who otherwise could not afford to buy the car.
When you take as an example a charity that uses a third party for-profit organization to garner their car donations, it is often the case that after they take their cut there is very little money left over for the charity donation. On a personal note, the amount of tax deduction you can claim will be considerably less, especially if the car you donate is only fit for scrap.
The value of a car that is running is normally far higher when the car is sold, resulting a larger donation to the charity. This is also of benefit to you because it results in a higher value tax deduction that you can make.
Since the tax changes of 2005, many third party agents that used to handle car donations for charities now look elsewhere for their income. As a result of this, many NPOs that used to accept cars now no longer do so being unwilling to undertake the necessary tasks of running such a program.
As donated vehicles are almost always towed away, running or not, to avoid liability issues, the reason for non-acceptance could simply be that the charity concerned does not possess a tow truck. If this is the case, then the donation of a tow truck could be immensely useful. Not only does this mean a high value tax deduction for you, but you will also be helping the charity to collect a lot more donations from the use of the tow truck.
The value of auto donations to charities remains on the low side. The one exception to this is the type of charity that specializes in providing cars for those people who require reliable transport but just cannot afford to buy it. Even if they sell them off cheaply, these charities are valuable to both the car donors and the population that they serve.
By Jovia D'Souza | Donating To Charity - Why It Is Important
Global and local charities play a very important role in improving communities and the world in general. Charitable organizations support and raise funds for given groups and as a donor, you have the freedom to choose which charity you wish to donate to. People are passionate about different things and hence they will feel happy donating to some charities and find others not that touching for them to donate. With so many charities, however, you definitely will find a few that you are willing and happy to make donations to.
Most of the charities are self-funded, but there are others that are funded by governments. Whereas a few years ago most charities would be organized by churches, today, even individuals can team up with merchants to collect the funds and donations to support causes. There are actually online platforms that also take part in such donations. Amazon Smile is among the platforms that play a role in charity donations. For every purchase you make on the site, a small amount is donated to a charity of your choice. But why donate to charity?
Donating to charity helps people in need. Not everyone has access to basic human needs and when you donate to charities, you end up extending a hand to such people improving their life in the process. Helping the less fortunate is actually the major goal for most charities and whether you choose to donate cash, goods or time; you will be helping out a needy person somewhere in a huge way.
Donating makes the world a better place. There are so many causes supported by charitable organizations. Whether you choose one that supports the less fortunate or those that are driven to protect the environment, you will be making the world a better place. Contribution to the society in whatever forms definitely make a difference and you will leave a legacy behind by being caring enough to make a change where it is needed most.
Donations support causes that you are passionate about. You, for instance, could be passionate about making it possible for every child to get a good education, yet you might not have the capacity to even fully sponsor one child. Through charities you will be able to team up with those you share the same passion to make a difference in the lives of thousands of children who cannot afford to go to school. You will have a feeling of worthiness, when you are at least able to support what you believe in even in the smallest way possible.
Donating helps you meet new people. This is especially the case when you choose to be part of volunteer programs that take the goods or monetary support to those in need. Charitable drives will open up opportunities for you to meet new people who are just as passionate about the cause as you are. When you mingle with like minded people, you can create lasting relationships and even come up with even better ideas to make a difference in the lives of others and the world as a whole.
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