Donate A Boat To Charity And Get A Tax Deduction
When you think of donations, you tend to think that youre giving something away but not getting much in return. When you donate a boat to charity, you are also getting a great tax deduction at tax time. Your 2013 tax deduction could go toward the purchase of a new boat and could be parked at your house just in time for the first boat ride of the season.
We make it easy to donate a boat, and all you need to do is give us a call at 1-855-278-9474 or fill out our easy boat donation form. Both ways are incredibly easy and only take a few moments of your time. After youve told us youre looking to donate your boat, we will take care of the rest. We will contact you within 24 hours of the next business day to schedule your free boat pick-up, and then well send out your tax deductible receipt for you to save and deduct from your taxes at tax time. Imagine using your old boat for one last summer and come fall, donating it to Wheels For Wishes and knowing that your boat is not only helping to grant the wish for a local child in your area, but also helping you purchase a new boat.
You Really Make A Difference In People’s Lives
Welcome to the nicest national 501-C-3 NON-PROFIT boatdonation center in the USA. Our charity workers are on hand sixdays a week to answer all your questions. We accept boats andyachts from all across America. We are very selective about thecauses that we serve. We also allow our donors to designateother causes and charities that benefit from their yacht, boator jet ski donation. Your boat donation enables us to producelife-changing values-based children’s books & animations as wellas uplifting media for teenagers. When you Donate a Boat, YOUREALLY MAKE a Difference in people’s lives!
Eight Reasons To Donate A Boat To Our Charity Boat Donation Program
Boats are great when you’re out on the water, but they can be stressful to tow around, store and take care of. Most of us don’t have enough storage room for a big boat, which means paying for space at a marina or leaving your boat outside exposed to the elements. With growing concern over transferring invasive species from lake to lake, it’s also more difficult to take your boat anywhere you want these days.
Donate your boat now by calling 1-855-278-9474, or using our online boat donation form.
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Fast Friendly And Professional
We know that transferring a boat is a difficult process. Wehave years of experience and have successfully processedthousands of donations. Because of the generosity of our manyboat donors we have been able to fund our children’s outreachesworldwide! Please fill out our Online Form or Call Us at800-227-2643. Along with our Donation Package we will also sendyou a sample of one of our many children’s programs. Thank you,the Boat Angel Team.
Our Quick And Easy Boat Donation Process
We have set up a quick and easy boat donation process where we take care of almost all procedures for the convenience of our donors.
After you contact us either by phone or filling out our online donation form, telling us you want to donate a boat without a trailer, we will make an arrangement with our affiliate towing company in your area to pick up your boat for free at a time and place most convenient to you. You will receive from us a donation receipt that will release you from all liabilities from that point onward.
We will then sell your boat at auction. Within 30 days after the sale, we will mail you your 100 percent tax-deductible sales receipt, indicating your donated boats final selling price. This will serve as the basis of your tax deduction claim when you file your itemized federal tax return for the next tax-filing season.
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Can I Donate My Boat To Charity
Here at Donate a Car Canada we evaluate each vehicle on its own merits. Boat donations are no different. The shortest answer we can offer:
Yes! We accept auction-ready boats through our program, however, it is likely that it will not sell well during the winter season due to a lack of buyer interest. Moreover, auction house lots are open to the elements the boat may be exposed to inclement weather while awaiting sale.
The best time to auction a boat is between May and August.
In order to avoid high processing costs and potential losses in the Spring, we ask that your boat then be dropped off with a trailer at our nearest drop off location. If a drop off is not possible, please note that most of our agents do not have the equipment necessary for towing and storing vessels.
If you are unable to drop the boat off, but you have a trailer to include in the donation, please proceed with your submission and we will explore our available options.
What We Accept As Boat Donations
Are you worried that the old watercraft you intend to donate no longer has any good value and that we might not accept it? No need to feel that way with us! Well gladly take your boat with open arms regardless of its condition!
Unlike other organizations that have their own boat donation programs, we are open to vessels that are hardly functioning and have damaged parts. You can even donate a boat without a trailer. As long as what youre offering to donate is not a stolen or an abandoned boat, theres absolutely nothing to be ashamed of.
The vessels we welcome at Goodwill Car Donations include the following:
- Jet skis
You can also donate to us other vehicles that you no longer need or use. For a listing of the other vehicles we accept, please check this page.
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Boat Donation Statement Of Significant Intervening Use
Once you have decided that Community Boating Center is a good fit for your boat donation, there is some official paperwork that needs to be completed by law. In particular, IRS form 1098-C Contributions of Motor Vehicles, Boats, and Airplanes will be completed by CBC. One copy will be sent to the IRS, you will receive a copy, and CBC will retain a copy for our files. Please note that your tax identification number is required for this form.
This form is fairly straightforward, however one item is particularly important in order for you to receive the full market value of your donation as a tax deduction as allowed by law The significant intervening use clause. Community Boating Center will certify, via IRS form 1098-C, that it intends to use vs. immediately sell the boat for profit. This distinction is important to the IRS and to your rights as a donor to see that the boat is used as you intended and to maximize your donation value as allowed by law. Please consult your tax advisor for details.
Community Boating will fill out the appropriate line items on IRS form 1098-C as follows:
Children’s Dvd Training Materials
Boat Angel produced 13 animated stories that are distributed free to international broadcast and cable outlets. The Adventures of Donkey Ollie which were adapted from many of our award winning films such as Shipwrecked, and Exodus to Egypt, and Circus Maximus. These thirteen 30-minute TV programs are shown nationally, internationally and emphasize love, morality, truthfulness and bravery. These children’s programs are full of original songs and make a dramatic impact on young lives. The series is viewed by millions of preschoolers worldwide in several languages and with subtitles. Our programs are airing in many areas of the world….
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Juvenile And Adult Motivational Prison Literature Campaign
Boat Angel’s literacy program has impacted hundreds of thousands of inmates in youth, state and federal prisons. By converting money received from the sale of boat donations to publishing we have enabled the production of thousands of pieces of religious and motivational materials which have been sent post paid free of charge to prison chaplains and prison libraries in every state of the Union.. The proceeds from boat donations have funded these programs.
We Make Boat Donation Easy
Selling a used boat can take a lot of time and resources. Owners often need to make costly repairs, advertise in their local papers and meet with numerous potential buyers before they can sell their watercraft. Donating your boat offers an easier approach.
Its just three simple steps!
Veteran Car Donations will auction each donated vehicle to get as much money as possible for veterans. The money raised from your boat donation goes directly toward addressing the needs of soldiers who have come back home after their service. Many of these veterans have seen battle overseas, so they need assistance transitioning to civilian life.
In return for watercraft, donors may qualify for deductions that lower their overall tax burdens. In some cases, donors may even get more money from these deductions than they would from selling their boats.
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How The Yes Works
We do take auction-ready boats through the Spring and Summer. Wintertime is a no-go. We simply wont find buyers for these unique units in the off season.
The best time to auction a motorhome is between the months of May and August. Most auction lots are open to the elements. Vehicles are subject to winter weather while trying to find a buyer during winter months.
Wait until spring in order to donate that sale-ready boat. Your charity of choice will be the one to benefit!
In order to avoid high processing costs and potential losses we will ask that your boat be dropped off at our nearest drop-off location.
But what about the free tow you promise?
This is another of the quirky answers to, Can I donate my boat? While we offer free towing on cars and trucks, unique vehicles pose unique challenges for our agents and the costs of transport will eat up a portion of the net proceeds. This affects what were able to send your chosen charity.
Donate Boat To Charity Scam: How It Works
Donate a boat to charity but avoid crooks. This year, one of the biggest scams around is the Boat Donations Programs or Donate Sailboat scam. Let’s dive in.
You may be moving away or simply need some extra cash. Your old boat is still running fine, but you consider getting rid of it. The old boat is not really worth much anymore and you decide to donate it to a charity, especially since you are offered a charitable tax receipt in exchange. All you need is to find out how to donate a boat and charities that accept boat donations. However, the most important thing is to know how to do it.
Watch the video below to see how to donate your boat for tax credit:
How does the scam work? By law, a percentage of the sale of the boat donated should go towards charitable programs. Unfortunately, many recipients of the boat give away very low percentages, sometimes only 1% keeping the rest!
The scam is also prevalent when it comes to the ads that offer to help you make a boat donation to charity for tax credit. Oftentimes, these are middle-men who give only a fraction of the boat donation worth to the charity.
In the United States, these middle-men are not required by the IRS to contribute a certain amount of the proceeds to a charity. The amount the charity receives from a boat donation is negotiated by the charity and them. However, this scam could occur when you donate in UK, Canada or Australia, as well.
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Your Car Impacts Ids Lives
A child’s life is his home, school, friends and community. It takes a positive experience in all arenas to build a healthy child. We’re a registered nonprofit Jewish organization who, together with Oorah, our sister charity, help thousands of children develop into productive members of the community.
Our vision is to give our children the ability to succeed in life. We focus on educational, mentorship and year-round programs for our children, their families and their communities. We rely on thousands of volunteers. be a mentor
A quality education is foundational to a child’s success in so many areas of life. This principles guides our many programs helping children access educational opportunities. volunteer
With over 40 locations, ChillZone is a growing weekly program giving children a safe space to learn, socialize and enjoy quality time with mentors during after school hours.run a program
We accept donations throughout the entire USA.
Tax Deductibility Of Your Gift
The California Maritime Academy Foundation is a tax-deductible charity as described in the Internal Revenue Code under section 501-C-3 . All gifts to the Foundation are tax deductible as allowed by law. Please contact your tax advisor for more information on how to fully deduct your charitable vessel donation.
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Arrange A Free Pickup Time
Our system scans our database of over 1,000 nationwide resellers. Youll receive a phone call within 24 hours from a local reseller. During that call our reseller will arrange to pick up your boat at a time that is convenient for you. You dont even need to be home when your boat is picked up but either way, our drivers are flexible with timing.
Our Mission Is To Do What Is Right Not What Is Profitable
Yes, we like to do things a bit differently. Instead of billboards we offer housing assistance. Instead of a radio jingle we provide free computers for furthering the education of our youth. Instead of costly internet ads we offer meals to those unable to provide food for their families. We minister to these needs in faith and with a firm commitment to Do What is Right, Not what is profitable. Your boat donations have helped us touch the lives of thousands of families in need, social service agencies and numerous charitable organizations worldwide. Boat Donations really help!
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Jump Start Your Giving With A Boat Motor Donation
It never fails does it? You buy a new boat motor for your ailing boat and it is smooth cruising for a while and then something happens to the boat itself. Now you are stuck with a nice boat motor and you decide not to get another boat to go with it. What do you do with it? You donât want to keep it in your garage or a storage place that rents by the month. You can try to sell it, but you will definitely not get the true value of it. Why not consider donating the boat motor instead? With a boat motor donation, you can realize the best financial scenario for you in the form of a fair market value tax deduction. Here at Online Car Donation, we can facilitate your donation of a boat motor and ensure that a great charitable cause will benefit at the same time. Just think â by donating a boat motor, something you didnât want anymore anyway, not only do you reap some financial benefits but also charity as well. That sounds like a definite all around win-win situation! Here at Online Boat Donation, we cultivate a variety of contacts all over the country who can help us process your boat motor donation so that you get the best deductible value as well as ensure that charity wins big too. It doesnât matter what horsepower your boat motor donation has as long as it is still in good working order. Just remember â Online Boat Donation can help..
Easy Ways To Junk A Boat
If you are planning on getting rid of your old boat, even if you think it is junk, you might have some options available that can earn you some money for getting rid of it.
Most people, who get rid of boats that are broken down eyesores, often think they are not worth anything and pay someone to come haul them away.
This is not your only option, and you will want to look around and see if you can get any money for your vessel before you just have it hauled away, often for a price.
You might not get a lot for your watercraft, but I think we all would agree that even a little bit of money, is better than no money!
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What Our Donors Say
Excellent job! I decided to donate my Boston Whaler through your organization because you answered every question I had! Honestly you could not have made donating my boat any easier! Thanks again and God bless! Marti – NJ
After trying to sell our boat for months, I asked a few friends at the marina if they had any ideas because I was moving in 2 weeks and the boat was not coming with us. An accountant friend suggested donating to you and within 3 days the boat was gone. Thanks!
Thank you for the professionalism your organization displayed throughout the entire donation process. My Scarab and both Waverunners were picked up in 2 trips and everything went according to plan. Tax deduction was actually more than I expected.