Are you ready to make a difference in someone’s life? Whether you are ready to upgrade your boat or you simply don’t want to hassle with the upkeep, slip fees, and insurance, a boat donations is a great way to help a charity while also taking advantage of the tax benefits that come along with your donation. Giving Center’s boat donation program is unique because it will make sure you get the maximum tax deduction possible.
Consider Donating a Boat to Charity
Tired of maintaining your boat year round? Maybe you’re cleaning out space in your garage and you have come to the conclusion that your old boat isn’t worth the space it takes up. Perhaps your boat just needs a few repairs but you no longer want to keep investing in it. If it’s just not worth the effort to deal with any longer, donate boat to charity! Are you eyeing a new boat but need to make room? Slips fees are costing too much? At some point, downsizing makes sense for most of us.
Even if you are simply upgrading your current boat model to the next best thing, donating is often just as good or better than a trade-in. Studies show dealer trade-ins only get you about 40% of the retail value of what it is expected to be re-sold for.
Where Do I Donate My Boat?
Don’t be afraid to ask questions. Look for a program that is able to maximize the net proceeds of your donation as well as helps your bottom line most, when tax time rolls around. Giving Center has a great boat donation program that evaluates virtually every vessel to determine how to best add value for both donors and charities. Their team of knowledgeable representatives have many years of experience working on all kinds of vessels including motorboat donations, sailboat donations, yacht donations, houseboat donations, and PWC donations. They also accept: vehicle donations, aircraft donations, real estate donations, and collectible donations.
With Giving Center, you don’t need to worry about dropping off your boat donation at a center. You can reach one of their team members by calling 888–228–7320, simply provide a few relevant facts to get the donation process started. They can pick up anywhere, including your place of business or even a repair shop.
How Does Donating a Boat to Charity Benefit You?
When you decide to donate your vessel, Giving Center will work hard to either find a great buyer, fix it up to get more value out of your donation, or retain the vessel. Also, they eliminate the auction / wholesale buyer/middleman, so they can typically get a larger part of the proceeds to help further its charitable mission. Helping a great cause might be reason enough for most, there are also some great perks of boat donations to nonprofits:
Enjoy a great Tax Deduction. After you donate your vessel, Giving Center will give you have all the paperwork you will need for your federal tax deduction, via the official IRS Form 1098-C and Form 8283. Giving Center encourages all donors to review the IRS Charitable Contribution Deductions guidelines.
1. Go online to GivingCenter.org to fill out the simple donor contact form. This will include your basic contact information along with the information of your boat you wish to donate. You may also speak to a friendly representative at 888–228–7320 to get the process started or if you have any questions.
2. If the Giving Center is able to accept your donation, you will work with a local transporter to schedule your FREE TOWING. Once you provide a representative with the basic info and specify a date and time you’d like pickup, a transporter will come and tow away your boat and provide you with a donation receipt. Transporters can show you where to sign any documents, answer any questions, and leave you with a temporary receipt as a placeholder until you receive your official tax documents.
Whether you are interested in donating a small fishing boat, a large houseboat, an older motor boat, or a yacht — you have found the best boat donation program, to maximize both your tax deduction and the net proceeds when you decide to donate to Giving Center.