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Donate A Vehicle to Fight 4Life Fitness and Boxing Ministry
Fight 4Life Fitness and Boxing Ministry is an IRS approved 501(c)(3) charity eligible to accept used or new cars, trucks, vans, enclosed or flatbed trailer or property. We can only accept used vehicles in running conditions. Titles should be provided at the time of donation
The IRS allows a donor to claim the "Maximum Fair Market Value Deduction" for their donated vehicle if;
1. The vehicle is used by the charity for a significant period of time for their charitable purpose. For more information, visit www.irs.gov Vehicle Donation;
- or –
2. The vehicle is either donated to a needy, low income family. If we provide your donated vehicle to a struggling family, you may claim the “Fair market value” tax-deduction according to IRS;-or-3. Sold at a price significantly below market value to an individual. Proceeds will be used to further the ministry’s mission.
If we sell your vehicles for under $500, you can claim the fair market value up to $500.00. If the proceeds for the sale of your donated vehicle surpasses $500.00, a receipt within 30 days of the actual sales price will be sent to you. Your deduction will be limited to the actual sale price. You will also need to provide your Social Security for the purposes of completing the IRS Form 1098-C. Donors valuing their donation in excess of $5000 must acquire an independent appraisal.