To donate any vehicle, boat, trailer, tractor, etc., to the Daniel Pitino Shelter, please first contact us.
To donate a car, van, or truck, here’s what you need to know:
- Daniel Pitino Shelter can accept any such vehicle, running or not.
- The person who owns the vehicle, possesses a clear title, and has the keys should be the one who calls.
- You may deliver your vehicle to us, or if it is in the Owensboro area, we can arrange to pick up your vehicle.
- Vehicles that can not be used for ministry will be sold with proceeds benefiting those Pitino serves.
- You will receive a receipt for a tax deduction
Tax Deduction Information
Daniel Pitino Shelter is a qualifying 501(c)(3) charitable organization and according to the IRS, you can deduct the fair market value of your vehicle when you itemize your deductions.
How do you estimate the fair market value? We are not able to; however, the IRS publication 561 offers this advice: Say “the ‘blue book’ value of a car like yours is $1,600 in good condition. However, your car needs extensive repairs. After checking with repair shops and used car dealers, you find that the car should sell for $750. You may use $750 as the FMV of the car.”
There is no limit on how many vehicles you may donate during a year, but if the fair market value of the vehicle(s) is $5000 or greater you must file the IRS Form 8283 with your tax return.
Here are some links to the Kelly Blue Book and the NADA Guide to get you started. It’s also wise to compare your vehicle to similar ones for sale in the area; check out cars.com, and/or AutoTrader.com to see what price yours is bringing.