By Dunia Noseda-Bonokoski

What if you got a tax receipt for $200.00  from the favorite charity that you donated your vehicle to, only to find out that they didn’t really get $200.00  but only got $40.00 dollars worth of the $200.00.  Wouldn’t that be a bit of a puzzle to figure out?

Well it happens a lot and it can be a bit misleading if you don’t know that it is happening.

We want you to know that Donate a Car Canada does NOT operate this way.

Unfortunately, here is a scenario that may occur with some Canadian car donation programs:

1. The charity receives a cheque for $200.00   from the sale of your vehicle from the car donation program.
2. The charity writes you out a tax receipt for $200.00. 
3. The charity receives a towing fee invoice from the car donation program. For example, let’s say the towing invoice is for $160.00.
4. The charity pays the towing fee of $160.00 and is now left with a net of $40.00 for their charity.
5. In summary, you get a tax receipt for $200.00 and the charity gets $40.00.

(It’s a bit of a surprise isn’t it?) 

At Donate a Car Canada we feel that the charities have enough demands on their time and overhead, and we don’t want them to have to go to the trouble, time and expense of writing out cheques, using up their envelopes and stamps, and re-balancing their bank account. When the charity gets a donation from you through Donate a Car Canada the cheque they receive and your tax receipt are the same amount. There are never any charges to the charity through Donate a Car Canada.

It has always been our mandate to make it easy for our donors to donate their vehicle and to keep it simple for the charity to receive that donation.

With the option to donate to ANY Canadian charity, we know that you will be able to share your generous donation with the charity that speaks to your heart.

Ready to donate? Just click here! 

The post The Surprising Difference! Tax Receipt vs Donation Amount appeared first on Donate A Car.