I volunteer for one such organization. The Chesapeake Bay Maritime Museum accepts donated boats all year. We sell some via our advertising. We hold a huge auction each Labor Day. This year there were about 125 boats. What a donor gets is: we take immediate possession of the boat, move it to our location (that’s where I come in) and when we sell it, you get a donation document for what we got. You cannot just ‘guess’ at the value, to be legal, it has to be what it actually moves for.
I’ll come over to the western shore and sail/motor it over here – have done it many times. Gary Nylander From: CnC-List <cnc-list-boun...@cnc-list.com> On Behalf Of Matthew L. Wolford via CnC-List Sent: Wednesday, November 14, 2018 3:11 PM To: cnc-list@cnc-list.com Cc: Matthew L. Wolford <wolf...@erie.net> Subject: Re: Stus-List someone step up, we are down to the scrap value of the keel! If it’s an IRS-qualified 501(c)(3), yes. There are organizations out there that are set up to accept donated boats and cars specifically for tax deduction purposes. They sell them for whatever they can get and use the proceeds for charitable purposes. I would think you could donate this boat for about a $7,500 – $10,000 tax donation, depending on the condition. On the other hand, some people prefer the cash. From: Steve Staten via CnC-List <mailto:cnc-list@cnc-list.com> Sent: Wednesday, November 14, 2018 2:59 PM To: cnc-list@cnc-list.com <mailto:cnc-list@cnc-list.com> Cc: Steve Staten <mailto:steve-sta...@cherokee.org> Subject: Re: Stus-List someone step up, we are down to the scrap value of the keel! So…wouldn’t the donation of a great, much-appreciated boat to a veterans sailing camp be tax deductible? Seriously? Steve Staten C’Est La Vie, 26 Langley, OK From: CnC-List [mailto:cnc-list-boun...@cnc-list.com] On Behalf Of Della Barba, Joe via CnC-List Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray
_______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray
