Navigation Links
Tax Season Reminder: Vehicle Donations Still Needed

Charitable Contributions Decline Even Though Everyone Benefits

And Don't Forget to Claim The Deduction!

NEW YORK, April 10 /PRNewswire/ -- A new government report, published just in time for tax season, is a timely reminder that donating your car is still a great way to contribute to a local charity. But fewer people seem to know that because the number of vehicle donations has plummeted -- and charities are feeling the pain.

In 2004, the Congress changed the rules governing vehicle donations. Since then, car and truck donations have decreased by 39 percent, according to the new report by the US Government Accountability Office (GAO). The GAO also reported that, during 2005 and 2006, revenues from vehicles donated to the surveyed charities dropped by 25 percent.

The changes were intended to address tax abuses and enforcement shortcomings. During congressional debate, proponents argued that the changes would not adversely affect charitable contributions.

But the report documents that charities have had to curtail homeless and public health services, a microcosm of the cutbacks in service to the sick and needy by hundreds of charities across the country. From 2004 to 2006, for example, the volume of donations to the National Kidney Foundation had declined by 42,000 vehicles or 52 percent. The resulting revenue decreased by $8 million or 44 percent. The Kidney Foundation, based in New York, has worked since to diversify its fundraising base but smaller charities have found it particularly difficult to compensate for lost vehicle donation revenue.

"They meant well but these changes went overboard, and it's cancer victims who are paying the price," said James T. Reynolds Jr., vice-president of Tennessee-based Cancer Fund of America. Like many charities -- from Massachusetts Meals on Wheels to the California Council of the Blind -- Reynolds expressed hope that the new government report will prompt a fresh congressional review.

Meantime, as the April 15 tax deadline approaches, charities are urging donors to take full advantage of the existing tax incentives. "Believe it or not, many Americans who donate vehicles fail to claim the benefits they deserve," Reynolds said.

Beginning in 2005, taxpayers could deduct only the sales price of the donated vehicle when sold by the charity or commercial auction for over $500. Previously, taxpayers could claim the estimated fair market value for any donated vehicle. Charities cite the uncertainty about the timing and amount of the final sale as reasons for public confusion about the rule changes.

The GAO study documented overall decreases in vehicle donations of 15 percent in 2005 and another 28 percent in 2006. The study also showed declines in resulting charitable revenues of nine percent in 2005 and an additional 17 percent in 2006.

For more detail or leads on affected charities in your community, please call:
Chad Iseman, National Kidney Foundation ( -

816-221-9559 x110

James Reynolds Jr., Cancer Fund of America ( -


Charles Sisson, Massachusetts Meals on Wheels

( - 508-999-6400 x127

Jeff Thom, California Council of the Blind ( -


SOURCE National Kidney Foundation
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. New Ten-Minute Foot Exercisers Beautify Feet for Spring and Summer Sandal Season
2. Spring Weather Brings Flea Season
3. Longer flu season and unexpected strains make prevention plan key
4. Deerfield Spa, Voted Among Best Affordable Spas, Opens 2008 Season With Discounts, Savings, Gifts, Specials
5. Under the Canopy(R) Turns a New Leaf With 2008 Spring Season
6. AT-TEN-TION!!! Fit Club Veterans Take on New Recruits in an All New Season of Celebrity Fit Club: Boot Camp Premiering Thursday, March 13 at 9PM ET/PT
7. Have the Last Laugh on Allergies This Season: Actress Molly Shannon Teams with The Allergy Foundation to Talk About Allergies
8. Watson Files Application for Generic SEASONIQUE(R)
9. CCH Outlines 10 Steps to Keeping the Workplace Healthy in the Height of Flu Season
10. Flu Season at Its Peak: Experts Have Tips for Staying Healthy
11. Prime Your Immune System During the Peak of Cold Season and Beyond
Post Your Comments:
(Date:11/28/2015)... ... November 28, 2015 , ... Pixel Film Studios is back again ... choose from, the possibilities are endless. Users have full control over angle of view, ... masking effects, users are sure to get heads to turn. , ProPanel: Pulse offers ...
(Date:11/27/2015)... ... November 27, 2015 , ... ... care in America. As people age, more care is needed, especially with Alzheimer’s, ... and medical professionals are being overworked. The forgotten part of this equation: 80 ...
(Date:11/27/2015)... ... November 27, 2015 , ... ... edition of USA Today in Atlanta, Dallas, New York, Minneapolis, South Florida, with ... digital component is distributed nationally, through a vast social media strategy and across ...
(Date:11/27/2015)... ... ... A simply groundbreaking television series, "Voices in America", which is hosted by ... of issues that are presently affecting Americans. Dedicated to providing the world with a ... the subjects consumers focus on, one episode at a time. , In the ...
(Date:11/27/2015)... CA (PRWEB) , ... November 27, 2015 , ... ... California Medical Associates, Inc. and Dr. Tucker Bierbaum with Emergency Medicine at ... They observed that both STEMI and Sepsis conditions present in similar ways and require ...
Breaking Medicine News(10 mins):
(Date:11/29/2015)... , Nov. 29, 2015 CIVCO ... guidance technology at the Radiological Society of ... Chicago November 29 – ... is designed to offer customers unrivaled versatility, enhanced ... --> ...
(Date:11/27/2015)... November 27, 2015 Ein ... fortgeschrittenem Krebs.   --> Ein neuer ... Krebs.   --> Ein neuer ... Krebs.   Clinical Cancer Research ... Clinical Cancer Research vom 6. November 2015 ...
(Date:11/26/2015)... , November 27, 2015 ... --> --> ... emergency response system (PERS) market ... for 5 years with APAC ... expected to see a high ...
Breaking Medicine Technology: