So you have decided to give a car donation in Madison, Wisconsin. First of all, well done. Your kindness and generosity will make a real difference to the community and particularly to a cause that you care about. That said, it is important that you know what you are doing, just to make sure both your chosen charity and you get the most benefits out of this act of kindness. This checklist should be of benefit to you.
A Car Donation Madison Checklist
The main thing you have to do is choose your charity. You may want to consider Rawhide, with website at www.Rawhide.org, for instance, which have pioneered the system of car donations. In fact, their founder is believed to be the first person the country to have donated a vehicle to charity! What sets them apart is exactly what you should look for in a charity to donate to. These include:
- That they are 501(c)3 registered, which means you can deduct the value of your car donation Madison from your taxable income in your tax return next year
- That they have an efficiency rating of 80%+, which means at least 80 cents of every dollar you donate goes directly to the service user
- That they have an easy donation system set up, which you can use online
- That they deliver a service that has a long term impact on the community as a whole
How to Make a Car Donation
The first thing you have to do is contact the charity, which you can do online with Rawhide, to tell them that you have a vehicle to donate. They will take some details of you, such as what make and model the vehicle is and in what condition it is, as well as whether it still runs or not. You then arrange a time and date that is convenient for you to have the vehicle picked up. Once your vehicle is picked up, it will be sold at auction by the charity and you will receive a tax receipt that denotes the value that you can deduct. It really is as simple as that.
