Bleeding Disorders of North Carolina benefits by receiving a cash donation to fund new and existing programs and increase community awareness through local events.
You benefit by being able to reduce your taxable income when taxes are itemized. Plus you avoid the costs associated with selling your car. No need to pay for advertising, no loss of privacy and possible security risk, and no need to pay for vehicle registration, insurance, and repairs to keep your car in running condition while you wait for a buyer.
In most cases we can take your car, running or not. However, it must have an engine and be tow-able. Contact a representative at 1-855-500-RIDE (7433) to find out if your vehicle qualifies for pick-up.
Many types of motor vehicles are accepted including airplanes, boats, motorcycles, trucks, and cars. If you are uncertain as to whether or not your vehicle is eligible, please contact the vehicle donation program toll free at 1-855-500-RIDE (7433).
No. Special arrangements can be made by calling our representative.
The only paperwork needed is a signed, clear title. We would prefer that you have your title with you when you call-in your donation. [Please note: a clear title indicates the title is in the name of the donor without a lien].
For states that require smog certificates or safety inspections, you may donate your vehicle without these documents.
When your vehicle is picked up, the tow truck driver will give you a document called a “donation receipt.” The donation receipt is a legal document and should be kept. Do not allow your vehicle to be picked up unless you are given a donation receipt unless other arrangements have been made in advance. If you have any questions about this please call our toll-free number, 855-500-RIDE (7433).
In the rare event that you receive any notification of a lien sale, DMV actions or other activity related to your donated vehicle, please contact us at 855-500-RIDE (7433) immediately for assistance.
Yes, our driver will issue a donation receipt at the time of pick-up. This is not the final tax receipt if the sale price of your vehicle exceeds $500. This initial acknowledgement will indicate the donor’s name as well as the year, make, model and condition of the car being donated. It will be the only receipt if the vehicle sells for $500 or less. If that happens, it is up to the donor to determine the value of their deduction as long as it is $500 or less.
For vehicles that sell for more than $500, donors are no longer responsible for determining the deductible value of their donation. Instead, they will receive IRS Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes if the proceeds from the sale exceed $500, stating the amount of the gross proceeds from the sale of the donated vehicle. The amount listed on IRS Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes will be the gross proceeds of the deductible donation.
According to the tax law effective January 1, 2005, if the claimed value of the donated vehicle exceeds $500, the taxpayer is limited to the gross proceeds of the sale.
An IRS Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes will be mailed to the donor within 30 days of the sale. It will state the amount of gross proceeds received from the vehicle, provided the vehicle sold for more than $500 and if the donor provided their Social Security number. This will be the tax receipt for the charitable contribution.
If a vehicle sells for $500 or less, it will be up to the donor to determine the value of their deduction as long as that figure is $500 or less.