|
|
|
|
|
|
 |
|
|
|
|||||||||||||||||||||||||||
|
Donate your vehicleto the blue ridge parkway foundation
Frequently Asked Questions
How did the Blue Ridge Parkway Foundation select "Vehicles for Charity" as its facilitating partner? The Blue Ridge Parkway Foundation examined its existing relationships UNC-TV and WFDD to ask their experience with VFC. There recommendations were very high as to their professional performance. The decision was easy. You may complete the online donation form or call the donation line to donate your vehicle. When the information is complete, it is forwarded to the tow company. They will call you directly to schedule the pick up. At the time of the pick up, the driver will give you a receipt for taking the vehicle. We ask that you give the driver the keys and your appropriately signed title. As a donor, what do I need before I can donate? Three things are needed. (1) A clear title, which means a title with your name listed in the owner's section, without an assignment or transfer to another person. All liens must be released prior to donating the vehicle. (2) Your car keys. (3)When you call or fill out our online form, please have the title and current mileage in hand. No, there is no charge to you for the towing. How long will I have to wait before my vehicle is picked up? Typically, your vehicle will be picked up in 2-4 business days. The towing company will contact you in advance to schedule the pick up. Do I really get a tax writeoff and how much would it be? Vehicles donated PRIOR to 1/1/2005. When you as the donor itemize your deductions, you can deduct the "fair market value" of the vehicle. IRS Publication 526, Charitable Contributions, and Publication 561 Determining the Value of Donated Property, provides more detailed information about your donation. Vehicles for Charity and the Blue Ridge Parkway Foundation do not place a value on the donated vehicles. The vehicle's fair market value must be determined by you, the donor. If the value is $5,000.00 or more, a qualified vehicle appraisal is required by the IRS. **Vehicles donated AFTER 1/1/2005. If you plan to deduction over $500, you will be allowed a deduction in the amount of the gross selling price of you vehicle. An envelope will be mailed to you within 30 days of the sale of your vehicle with all the required IRS information and forms. You may also choose to take a deduction under $500 without written acknowledgment. THE NEW GUIDELINES WILL NOT AFFECT THE AMOUNT THE BLUE RIDGE PARKWAY FOUNDATION RECEIVES FOR YOUR DONATION. What do you do with the vehicles? The vehicles are taken to an auction and sold to the highest bidder. Proceeds are distributed to the Blue Ridge Parkway Foundation. How do I determine the value of my vehicle? Vehicles donated PRIOR to 1/1/2005: Utilizing these web sites will help you determine the value. What is the tax benefit amount for me to donate my vehicle? Please visit the Internal Revenue Service (IRS) web site for more information.
|
|
|
|||||||||||||||||||||||||||
 |
||||||||||||||||||||||||||||||
