The Greater Baltimore Committee is partnering with Vehicles for Change (VFC), a nonprofit organization that repairs donated cars and provides them to low-wage families.
The GBC is urging members to donate cars to the organization, providing vehicles these families need to get to work, daycare, and doctor appointments.
VFC is the only organization in the region where your donated car will be awarded to a worthy family. The GBC’s goal is to have 1,000 cars donated from member companies during the next year.
Here are few important highlights of the program:
2. If your car is in condition such that VFC can award it to a low wage family you will be able to deduct, on your tax return, the fair market value of the car. This is not possible with any other nonprofit. The difference is often double the amount between the fair market value and the amount a car sells for at auction.
3. VFC has awarded more than 3,000 cars to worthy families in the past nine years.
4. VFC will donate $150 to the GBC for each car donated no matter the condition.
5. VFC will pick up your car at no charge and provide you with all the necessary tax documents.