Just today, a coworker was telling me that she’s thinking about donating her old junk heap to a charity since she’s bought a new car. Then I read this.
Houston charity gives more than it receives
— reported by KHOU CBS Channel 11(1)
[snip]
Car donations used to be among the popular ones until this year when the IRS changed the rules. They’re more strict now and fewer people are willing to give up vehicles to charities. Except for one.
[snip]
Like many similar ones, Giving Heart gets people to donate old cars. But unlike many charities, it rarely sells them “as is” at auto auctions.
Instead, the Houston based organization gets them repaired, detailed, and then top dollar at a car dealer.
“We want to raise as much money as we possibly can for charity. That’s what it’s all about,” said George McLure, Giving Heart of America’s president. “And in addition to that give our donors a maximum tax deduction because for a lot of people that’s an important consideration.”
For example, the charity was given a maroon 1998 Ford Taurus in November. It was hardly perfect. The car had front end damage apparently from a wreck. A local body shops gave Giving Heart a discount to fix the car. A detail shop did the same thing to make it shine. Now it’s going up for sale.
“There’s no way it would have gone for more than $500 or $600 max,” McLure said. “We do expect now to get $5,295. I would be surprised it it goes for less than that.”
[snip]
About fifty vehicles are either under repair or up for sale by Giving Heart of America right now.
Reminders:
- KHOU CBS Channel 11 requires a free registration.