Assembly for Christ International Ministries, Inc.
The Dry Bones of My people Shall Live Again - Ezekiel 37
The Dry Bones of My people Shall Live Again - Ezekiel 37
832-574-4396
Our mission is to provide Christ Centered education to all humanity by preaching the word of God and providing humanitarian services to the vulnerable and needy.
© 2018 Assembly for Christ International Ministries. All Rights Reserved.
Please read IRS Donor Guide for Vehicle and other Donations
Under the law, allowable deductions for charitable contributions of vehicles, boats, and other non-cash donations for which the claimed value exceeds $500 will depend on how the asset is used by the charity, in this case, AFCHIM. If WE sell the asset without any significant investment to improve the quality of the donated item, the donor’s deduction is limited to the gross sales proceeds received by us. But, if we use the asset in direct furtherance of its charitable purpose the donor may deduct the “fair market value” of the asset. (According to the IRS, the donor, not us, must determine the “fair market value” which the IRS describes as the price that a willing buyer and willing seller would agree upon if neither were pressured to do so. Assistance with vehicle values can be found at Kelly Blue Book’s website.
For Example: If a vehicle with a “fair market value” of $6000 is donated directly to the non-profit charity and the organization sells the vehicle for $2000, the donor can only deduct $2000. But, if for instance, the organization provides the vehicle to a disadvantaged person, the donor may deduct the full “fair market value” of $6000.
When the claimed value exceeds $500:
1. No deduction is allowed unless the donor receives a written acknowledgment from the charity.
2. That document must include the name and taxpayer identification number (social security number) of the donor and the vehicle identification number (or similar number) of the asset.
In the event we sell the asset without any significant intervening use or material improvement, we will send a written acknowledgment to the donor within 30 days of the sale certifying:
(1) that the asset was sold at an arm's length transaction between unrelated parties
(2) the amount of the gross sales proceeds, and
(3) include a warning that the donor’s deduction is limited to the sales proceeds.
If we intend to make significant use of the donated asset or make material improvements, the required written acknowledgment must be provided within 30 days of the contribution and must certify:
(1) the intended use and duration of such use or the material improvements to be made and
(2) that the asset will not be transferred in exchange for money, other property, or services before completion of such use or improvements.
AFCHIM is accepting donations of vehicles. Specifically, we are accepting cars and trucks. Some members do not have means of transportation and are finding it difficult to have ends meet because they are not mobile to seek for jobs.
The church also needs a van for transporting members and picking up donated items. We solicit donations in this direction.
If you desire to help, please fill the form below and someone will contact you in less than 24 hours.
May God bless you and keep you and your family. Again, all donations are tax-deductible.
