"Donate Car To Charity" Scheme May End

rogerkirk rogerkirk@mail.ttlc.net
Sat Dec 18 22:59:17 EST 2004


IIRC, there was an issue with the "Helping Hands Of America"
organization - which was alledgedly not a charity, but a 
used car dealer that used donated cars to seed their stock
for free.  Once a car was sold, they donated a "portion" of 
the proceeds to a charity such as "Sacred Hearts" or others.

Since the donation wasn't "really" to a charitable organization
it would appear that this activity would cause the IRS to take 
a close look.

Anybody confirm/deny/have another version?




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