LegalLaw247.com, December 28, 2018 ) Highland, MI – Driving Successful Lives, a Michigan-based national non-profit, has experienced steady growth while yet in its infancy. With its national roll-out, the organization is working feverishly to make the holiday season special for many families around the country.
Through Driving Successful Lives’ car & real estate donation programs, the 501(c) 3 is able to make use of unwanted and unused cars & properties and provide funding to associated charities or by directly providing donations that can be utilized by charitable organizations that include churches, shelters & food distribution programs.
A representative of the organization commented, “Driving Successful Lives has been feeding the hungry, the homeless and disadvantaged people of many communities.” Highlighting a primary focus of the car donation program.
Relating to the organization’s part of the car & real estate donation programs that make vehicles and properties directly available to those in need, the rep added, “Through collaborative efforts - working with other non-profits and charity partners, we have provided donations for many individuals, families and organizations to help to further their missions.”
“The cars & properties that we donate help families get re-established and on their feet as they work towards securing gainful employment. And, larger donated vehicles and commercial properties can be put to commercial use – aiding various programs of the charity.”
“The Stake Truck, the Dump Truck and the 6 - 8 passenger vehicles allow for the transport of materials, building, clearing of areas for improvement and for the shuttling of people to church, programs, counseling, doctor’s appointments and therapy. Everybody works together for the greater good of mankind, the organization and to better the community.”
The representative also detailed how Driving Successful Lives helps to feed those in need: “Various stores and retail locations in the community support our mission to feed people. Most stores we call who provided food will match or outright donate food to our charity and we of course share with other charities so we can serve and reach more people. The quality of our food is primary grade and we pride ourselves on feeding folks fresh food.“
About Driving Successful Lives:
Our mission is to facilitate your donations so that Veterans, Homeless Families, Children, Those with Addictions & other Non-Profits can benefit from your giving-forward.
Every time you give to the charity of your choice it may also create a tax benefit for you. The money, the items and the real property that you have donated to non-profit institutions throughout the tax year may be tax deductible which means that they could end up being the difference between a good tax return and a great tax return. Depending upon the kind of donation and the type of charity or foundation that you chose to donate to, the tax deduction it creates could be very helpful to you for reducing the amount taxes that you owe. Many successful and wealthy people state that at least to a certain degree, a part of whom they are and what they have become comes at least in part from the practice of giving. Contributing to charities can be a very convenient way to reduce your taxes.
Individual Real Estate Donations:
If you own a property that is deeded in your name, deeded to you and your spouse or if it is deeded to you and other individuals, the following rules apply:
If you have owned the property for at least one year it falls under the long term capital gain classification of properties. This will allow you to reduce the maximum fair market price of the property being donated.
The deduction of your charitable contribution is a maximum of 30% of your adjusted gross income.
Surplus contributions can be carried forward for up to five years.
Contact Driving Successful Lives: 1-888-981-9746
Driving Successful Lives
December 28, 2018 Posted By: admin
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