Tuesday, October 23, 2012

Types of Qualified Organizations to receive Deductible Contributions.






Here are five general types of organizations to receive Deductible Contributions.:


1. Community Chest organizations, fundraising organizations that collected money from workers and local businesses and then distributed it to community projects. Such as : religious purposes, charitable purposes, scientific purposes, literary purposes, educational purposes, children and animal prevention from cruelty.

2. War vets (veteran) organizations. Effect from active military service can be profound and everlasting, and some veterans have found it hard to adjust to normal life again. Suffering from post combat mental health problems such as depression and post-traumatic stress disorder.

3. The Domestic Fraternal Societies. Your contribution to this societies is deductible only if it to be use as Community Chest (charitable, religious, scientific, literary, educational, prevention of cruelty to children or animal).

4. Nonprofit Cemetery. Your contribution to this type will not deductible if it can be used for the care of a specific mausoleum crypt.

5. The United State or any state, district of Columbia, US possession (including Puerto Rico), political subdivision of a state, Indian tribal government or any of its subdivision that perform government function. Your contribution to this type must be made solely for public purposes.


So, make sure your car donation will be in those five types organization, otherwise no deduction can be claim.

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