Vehicle Donations to FCCO
If you have an old car, truck or boat sitting in your driveway that you've been meaning to get rid of, why not get a great tax donation that will make a huge difference in the lives of many feral and stray cats?
Frequently Asked Questions
Does my vehicle have to be running to qualify for donation?
No, but the vehicle must have an engine and be towable. However, cars that are in extremely poor condition or far from the tow range may cost more to tow than the value of the vehicle. If this is the case, FCCO may not receive any dollars from your vehicle. Speed's Towing, the auction company, will help calculate this possibility.
Do you accept only cars?
No, if it has wheels, flies or floats we can accept it!
What paperwork do I need?
The only paperwork needed is a signed title (pink slip). However, if the title (pink slip) is not available, a lost title search can be done.
Should I remove my plates from my vehicle?
Yes! Remove both plates before donating your vehicle. These can be transferred to another vehicle through the DMV if you wish.
Do I get a receipt for my donation?
Yes, the driver for Speed's Towing, the auction company, will issue a receipt at the time of pick-up. This is not your final tax receipt. The initial acknowledgement will indicate your name, the year, make and model and the condition of the vehicle you are donating. A final acknowledgement will be mailed to you from FCCO within 30 days of the sale. The amount of gross proceeds received from your vehicle will be listed on this receipt. This will be your receipt for your charitable contribution.
What can I claim as a deduction?
Due to recent IRS updates to the rules regarding vehicle donations and the amount of the deduction that can be claimed, we recommend that you refer to IRS Publication 4303 "A Donor's Guide to Vehicle Donations," which can be found at www.irs.gov, or contact your tax advisor to determine the amount of your tax deduction.
What does FCCO do with the donated vehicles?
The vehicles are sold at auction. The funds from vehicle donations are used to spay/neuter feral and stray cats.
Do I have to be with the vehicle at the time of pick-up?
No. Special arrangements can be made when representatives from Speed's Towing contact you.
How much money will FCCO receive?
It varies depending on the condition and age of the vehicle. However, after towing and administrative costs FCCO will receive the remainder of the proceeds from the sale of the car. Typically this is 70 to 80% of the sale amount, but the more the vehicle is worth, the higher the percentage that goes to the cats!