Mission
And Purpose
Cars
for Charity, Inc. is a Colorado 501(c)3 non-profit organization. The purpose
and mission of Cars for Charity, Inc. is to act as an enabling entity for other
non-profit organizations. Many non-profit organizations are unable to have an
in-house vehicle donation program, because they financially are unable to spend
the money required by the Colorado Department of Revenue to obtain a Dealer's
License, bond and do not have the staff, time and expertise to manage an
in-house program. Cars for Charity, Inc. eliminates these obstacles. Cars for
Charity holds the Dealer's License, the motor vehicle bond, and brokers the
donated vehicles to the appropriate facility for direct sale, auction or as
scrap.
Why
Donate?
Free
Towing, Running or Not within 4 days of vehicle being released
Free Title Services
You receive a receipt for your tax-deductible gift
What
Can Be Donated?
We
accept all vehicles running or not. We accept automobiles, trucks, motorcycles,
boats and recreational vehicles. Vehicles must have a clear title. We do not
accept vehicles that have been dismantled.
Who
Profits?
Cars
for Charity are currently processing vehicles for over thirty Colorado
non-profit organizations. You choose which non-profit organization the proceeds
are to go to. Please see List of Non-Profits or
choose your own.
How
do I Donate?
Submit the
donation form online. The signed title and keys will be
picked up with the vehicle. The vehicle will not be picked up if the signed
title is not in the vehicle.
Or
The
donation form can be printed off this website and mailed
to: Cars for Charity, 8300 Blakeland Dr., Littleton, CO 80125 with the signed
title.
If you have questions please call 303-853-GIVE (4483) or the
non-profit organization.
Title
Vehicles
cannot be sold without a clear title. A vehicle will not be picked up unless a
signed title has been sent or delivered to Cars for Charity. The donor must
sign the back of the the title exactly as it is in the front. The title is
signed over to Cars for Charity. If you do not have a title, you can obtain a
duplicate title at your county Department of Motor Vehicle.
Tax
Deduction
The
tax laws for donating vehicles worth more than $500 changed on Jan.1, 2005.
Under the new IRS rules, if the claimed value of the donated vehicle, boat, RV,
or motorcycle is more than $500 and the vehicle is sold, the taxpayer can only
claim the gross proceeds from the sale. After the vehicle is sold, Cars for
Charity will send the donor a statement with the amount the vehicle sold for at
auction. Taxpayers can still deduct the fair market value of a vehicle worth
$500 or less. If the vehicle sells for $500 or less, Cars for Charity is not
required to notify the donor of the selling price; the donor can claim up to
$500 as a deduction.
Receipt
The
tow truck driver will leave you a receipt from Cars for Charity. Please keep
the receipt for your tax records. Cars for Charity Federal Tax ID# 84-1479412.
If the vehicle sells for over $500, Cars for Charity will send you a statement
with the gross amount the vehicle sold for at auction.
Towing
Vehicles
will be towed by Total Resource Auctions, after Cars for Charity receives your information. Vehicles are
usually towed within four days of the car being released. Please remember to
leave the keys in the glove box, remove the license plates and personal items.
If the vehicle is in danger of being impounded, please indicate on your
paperwork that this is a Rush Pick Up.
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Instructions
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Copyright ©2003 Cars For Charity, Inc. All Rights
Reserved.
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