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Action Donation Services to Process Car Donations for Huntsman Cancer Foundation

2008-07-29 02:00:00

Action Donation Services to Process Car Donations for Huntsman Cancer Foundation

Action Donation Services® announced today that it has partnered with the Huntsman Cancer Foundation to be an exclusive agent nationwide for the receiving and processing of donated property including cars, boats, yachts, RV’s, trucks, motorcycles, aircraft and miscellaneous heavy equipment.

Maximizing the selling price of donations also increases the legal tax deduction available to the donor – because donors are entitled in most cases to a tax deduction equal only to the gross selling price of their donated property

San Diego, CA (EMWNews) July 29, 2008 — Action Donation Services® (ADS) announced today that it will be processing car, boat and other property donations to benefit the Huntsman Cancer Foundation (HCF). HCF is a non-profit organization dedicated to supporting cancer research, education, and treatment at Huntsman Cancer Institute.

Action Donation Services Logo

“We are pleased to be able to help the Huntsman Cancer Foundation with our unique services. HCF is an organization that gives so many cancer patients a reason to hope. Huntsman Cancer Institute (HCI) is a designated cancer center by the National Cancer Institute. HCI is internationally renowned for its breakthroughs in genetic research. The Hospital is ranked in the top 1% of hospitals in the nation for cancer care in 2007 by U.S. News and World Report,” said ADS Client Charity Director Ted Cox.

Action Donation Services® accepts property donations throughout the United States for client charities. Among its unique services that will be beneficial to HCF and their donors is a program that strives to maximize the selling price of donations by “fixing up” or refurbishing donations whenever it will be beneficial to the charity – and selling retail when feasible (rather than wholesale) in order to maximize the return to the charity. “Maximizing the selling price of donations also increases the legal tax deduction available to the donor – because donors are entitled in most cases to a tax deduction equal only to the gross selling price of their donated property,” said Cox.

In addition, for certain property (usually higher valued autos, boats, aircraft and/or RVs), ADS is able to offer the donor a “partial cash payment” as an incentive to donate the property to the Huntsman Cancer Foundation. These “partial cash payment” transactions are referred to by the IRS as “bargain sales” and are routinely handled by ADS to benefit their client charities.

ADS is a leader in internet promotion of car and boat donations and can usually be found on the first page of any internet search relating to “donate a car, boat, RV, truck, etc.” According to Cox, “Approximately one million people go on-line each month and search for a charity to donate a car, boat or RV to … the internet is the future when it comes to property donations.”

Action Donation Services® has been processing donations nationwide for more than seven years and has its home office in San Diego, California.

To donate your car, boat or other property to the Huntsman Cancer Foundation or for more information visit the Action Donation Services® website: www.actiondonation.org; or call toll free (866) 244-8464.

Contact:

Ted Cox, Client Charity Director: 619 993-7006

E-mail: ted.cox @ actiondonation.org

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