|
|
|
|
Vehicle Donation Program
Car Program LLC Turning Cars Into Cash A Professional Fundraising Company Since 1991 3755 Omec Cr Rancho Cordova, CA 95742 1-800-513-6560
Introduction As you are likely aware, car donations have become increasingly popular fundraising opportunities for non-profit organizations and donors. What you might not be aware of are the headaches that lack of experience causes for not only you, but your donors as well. Since 1991 Car Program LLC has provided over 1800 non-profits with a practical and worry-free means of raising funds via donated vehicles. Car Program LLC carries a $1,000,000 liability insurance policy, is licensed, bonded, and has processed over one million donations across the United States. Our 15 years experience, extensive nationwide network of towing agencies, auto auctions and salvage/junk yards allow us to process donations efficiently and return the highest percentage of proceeds back to our charities. Your organization receives 70% of the net proceeds; our compensation is 30% of the net proceeds. If your organization is currently using a commercial fundraiser or processing donations on your own, please allow us to propose this as a competitive bid. If your organization does not currently accept donated vehicles, your donors are sending their vehicles to other charities!
ABRCAA ’ s Role
Promote Vehicle Program Using Current Newsletter Existing Web Site Car Program Suggestions
Initial Donor Contact Fill out a Donation Form with the Donor (Form Provided by Car Program)
Fax Form to Car Program Designated Fax Lines for Receiving Donations
That ’ s It! We ’ ll Do the Rest
Services
Timely, Professional and Courteous Towing from Companies in our Network
Receipt Distribution Your Vehicle Donation
Receipt is Provided to the
Car Program Will Make Proper Arrangements for Title Transfer
The Vehicle Will be Sold
Using an Extensive Network
Car Program Will Process Sale and Forward Proceeds to Charity Monthly
More Services Limiting Liability Issues: All Vehicles are Transferred into our Dealer Inventory Most Vehicles are Sold on the Wholesale Market
Customer Service: Customer Service Available 7 Days a Week Donors and Charity can Talk to a Real Person, Not a Recording
Quality Control: Follow-Up Calls Made to Ensure Donor Satisfaction
Record Keeping: Computerized Database Recording of all Donations Reports Available for Tracking of Donations
Optional
Internet Advertising: Car Program LLC operates the most visited car donation web site (www.donateacar.com) and have found it to be an effective fundraising opportunity for those charity clients generating donations on their own. Our site allows visitors to view charity mission statements, get answers to frequently asked questions, and find a link to the IRS publication on donated property. We advertise our web site aggressively and would like to offer you the opportunity to take advantage of that without any out-of- pocket expense to you.
However, there is an expense which will be deducted from gross proceeds. The site is advertised through Cost-Per-Click search engines (Google, Yahoo, MSN, etc), which charge per visitor. To recoup the advertising cost a $65 Internet Advertising Fee is deducted from gross proceeds for each vehicle generated off the site.
IRS Form 1098c Filings: Effective January 1, 2005 the IRS requires form 1098c to be filed for any vehicle whose gross sale exceeds $500. As an optional service Car Program LLC will file any required 1098c forms on behalf of the charity - at no cost. If your charity decides not to have Car Program perform this service, Car Program will forward all necessary info needed for charity to file required 1098c forms.
Accounting We issue proceed checks monthly. Checks issued to our charity clients include a full accounting of the check including donor ’ s name, address, vehicle description and complete break-down of gross vs. net proceeds.
Expenses to be deducted from gross sales include one or more of the following….
(Does not apply to charity-generated vehicles and will only apply if charity chooses to be listed on our website.)
After expenses are deducted, charity will receive 70% of the net proceeds; Car Program LLC will receive 30% of the net proceeds.
Annual Audit of Car Program Operations Performed by an Independent Auditing Firm
|
|
|