Car donation programs are fund raising projects initiated either by non-profit charities or for-profit intermediaries that aim to support charitable causes, such as rehabilitation programs for the sick, medical research, and welfare projects. Cancer car donation programs are particularly geared towards cancer research, cancer public awareness programs, medical aid for disadvantaged patients, and, for some, financial aid for families with cancer patients. In most cases, donated cars are auctioned off to raise funds. There are those, however, that are used by the charities themselves who may need transportation.
Car donation programs also benefit those who give, as the donors can claim tax exemptions from their charitable contributions. They just need to ensure that the programs they donate to are registered with the Internal Revenue Service (IRS) and that they are provided with a tax exemption receipt after the donation.
Donating cars to Philadelphia cancer programs are easy. The IRS has a Donor’s Guide to Car Donations to help those who want to know how to donate a car. Finding a legitimate program is uncomplicated. The IRS Publication 78 lists the legitimate non-profit organizations with tax exemption status. Examples of these programs include the car donation program of the National Cancer Coalition, Cars for Breast Cancer, and Cars for a Cure of the American Cancer Society. In Indianapolis, there is a local branch of the cancer car donation program run by the Cancer Fund of America.
After finding a beneficiary, the next step is to value the car. The IRS, through Publication 561, has provided a guide in determining the value of donated property. Lastly, fill up a donation form provided by the beneficiary. Most charities will take care of the rest after this last step. They have a system in place to facilitate the donation process, which makes it easy for the donor. Many will take care of picking up the car, issuing of the IRS tax receipt, and handling of additional paper work, such as the transfer of title from the donor to the institution.
