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Resource ID: #20664
This article investigates the concept of car donation programs and discovers that these programs benefit everyone but the charities they are intended to help. The foremost beneficiary is the car donor who can get a tax deduction of about $1200 for a car that's hardly worth $200. The second beneficiaries are the fundraisers who victimize these charities, the story says. Also, the report points out that of the $37 million raised by commercial fundraisers in 1991 through the sale of donated vehicles, only $11.5 million reached charities.
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