Donate Vehicle –> Help Charity –> Get Tax Deduction
November 11, 2009 by Julia Wasson
Filed under Blog, Brownfields, Car, Charity, Donations, Ecopreneurs, Front Page, IRS, Jobs Bill, Recycling, U.S., Vehicles
Hundreds of thousands of people donate their junkers — and even, good, used vehicles — each year to benefit their favorite charities. One company that helps make that possible is the Vehicle Donation Processing Center (VDPC), owned and operated by Harvard E. “Pete” Palmer, Jr. of Oakland, California, and his business partner, John R. Learned.
Blue Planet Green Living (BPGL) spoke with Palmer by phone from his California office. We asked him to tell what happens when consumers gift their vehicles through his program and to explain the advantages for all parties. In the process, we also learned some interesting facts about charitable tax deductions. — Publisher
PALMER: It would be lovely to say that everybody thinks about car donation as a tremendous way to help a charity of their choice, or charities in general. That may well be a part of everybody’s thinking, and certainly it is the big part of what we believe; but for most people, that’s the minority thing. For the great majority, they are looking for a one-time garbage-removal service. …
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