Why Newgate

 

WHY SHOULD I DONATE MY CAR TO NEWGATE SCHOOL?

1. YOU WILL SUPPORT JOB TRAINING FOR LOW-INCOME YOUNG ADULTS:

Your car donation to Newgate has local and immediate impact. The proceeds from your car, and often the car itself, are used to help train unemployed or under-employed adults for high-demand careers as auto body technicians and auto mechanics. As part of their training, students refurbish cars and vans, which are then sold. Those dollars alone fund our automotive school's operations and career-training programs.

2. YOU WILL ASSIST SINGLE WORKING MOMS:

Newgate School’s “Wheels for Women” transportation assistance program is also funded by your auto donations. Newgate awards rebuilt vehicles at no cost to promising single working moms from the Twin Cities who are struggling to be self-supporting. Your donations of reliable vehicles make this program possible.

3. YOUR DONATION IS A TAX DEDUCTIBLE GIFT:

The value of your car donation, according to IRS rules, is based on how we use your vehicle. If your auto donation is used for training students or the "Wheels" program, you will receive the best tax deduction possible: private party, fair market value.

All other donated automobiles will be sold, and your deduction is then the selling price. The minimum deduction of up to $500 can be claimed for vehicles sold or used for parts. Our charity is based on our knowledge of cars, and our reputation is excellent at the auto auction. That typically means our vehicles generate higher prices, which translates into higher deductions for donors like you.

Since the passing of the Tax Cuts and Jobs Act, you may still itemize your charitable contributions, but in order to reduce your taxable income, your charitable deductions must exceed a higher standard deduction based on your filing status. So, to maximize your tax break on charitable giving, you'll likely need to increase your annual contribution. When you make an auto donation to Newgate School— car, van or truck— you will receive a tax deduction to itemize, which will help you reduce your tax bill.

4. YOU WILL APPRECIATE OUR NO-HASSLE DONATION PROCESS:

It is fast, easy and secure. Donating to Newgate, one of the best car donation programs in Minnesota, takes only ten minutes to complete and can be an effective alternative to trading. Learn more about how to donate your car.

"DON'T TRADE IT; DONATE IT"