Mission And Purpose
Cars for Charity, Inc. is a Colorado 501(c)3 non-profit organization. The purpose and mission of Cars for Charity, Inc. is to act as an enabling entity for other non-profit organizations. Many non-profit organizations are unable to have an in-house vehicle donation program, because they financially are unable to spend the money required by the Colorado Department of Revenue to obtain a Dealer's License, bond and do not have the staff, time and expertise to manage an in-house program. Cars for Charity, Inc. eliminates these obstacles. Cars for Charity holds the Dealer's License, the motor vehicle bond, and brokers the donated vehicles to the appropriate facility for direct sale, auction or as scrap.
Towing, Running or Not within 4 days of vehicle being released
What Can Be Donated?
We accept all vehicles running or not. We accept automobiles, trucks, motorcycles, boats and recreational vehicles. Vehicles must have a clear title. We do not accept vehicles that have been dismantled.
Cars for Charity are currently processing vehicles for over thirty Colorado non-profit organizations. You choose which non-profit organization the proceeds are to go to. Please see List of Non-Profits or choose your own.
How do I Donate?
donation form online. The signed title and keys will be
picked up with the vehicle. The vehicle will not be picked up if the signed
title is not in the vehicle.
Vehicles cannot be sold without a clear title. A vehicle will not be picked up unless a signed title has been sent or delivered to Cars for Charity. The donor must sign the back of the the title exactly as it is in the front. The title is signed over to Cars for Charity. If you do not have a title, you can obtain a duplicate title at your county Department of Motor Vehicle.
The tax laws for donating vehicles worth more than $500 changed on Jan.1, 2005. Under the new IRS rules, if the claimed value of the donated vehicle, boat, RV, or motorcycle is more than $500 and the vehicle is sold, the taxpayer can only claim the gross proceeds from the sale. After the vehicle is sold, Cars for Charity will send the donor a statement with the amount the vehicle sold for at auction. Taxpayers can still deduct the fair market value of a vehicle worth $500 or less. If the vehicle sells for $500 or less, Cars for Charity is not required to notify the donor of the selling price; the donor can claim up to $500 as a deduction.
The tow truck driver will leave you a receipt from Cars for Charity. Please keep the receipt for your tax records. Cars for Charity Federal Tax ID# 84-1479412. If the vehicle sells for over $500, Cars for Charity will send you a statement with the gross amount the vehicle sold for at auction.
Vehicles will be towed by Total Resource Auctions, after Cars for Charity receives your information. Vehicles are usually towed within four days of the car being released. Please remember to leave the keys in the glove box, remove the license plates and personal items. If the vehicle is in danger of being impounded, please indicate on your paperwork that this is a Rush Pick Up.