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Kick a car charity's tires.(UP FRONT)(automobile donations)
'Tis the season to be charitable. For some people, that means donating a vehicle. You can give through a local chapter of a national organization, including the Red Cross, Habitat for Humanity, and many others. Or you can contact a group that specializes in car donations and will pick up cars, sell them at auction, and give a charity some of the proceeds.
[ILLUSTRATION OMITTED]
We've heard such groups touted in radio ads, and search engines yield plenty of names, but our research indicates donors should be careful. None of three car-donation Web sites we looked into had a privacy policy, and two lacked complete contact information. Often the charity gets 5 percent or less of the car's claimed value, according to a 2003 survey by the Government Accountability Office. Ask before giving:
Is the charity IRS-approved? Ask the charity whether it's qualified to receive tax-deductible contributions. Most approved charities are listed online in IRS Publication 78 (www.irs.gov/app/pub-78).
How will the car be used? The IRS says a donated car worth more than $500 that's kept in use by the charity--bringing meals to seniors, for ...
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