Action Donation Services to Support Huntsman Cancer Foundation
Released on: August 1, 2008, 3:32 pm
Press Release Author: Donate-car-mn-minnesota.org
Industry: Automotive
Press Release Summary: Action Donation Services(R) (ADS) had announced that it will be processing car, and other property donations to support the Huntsman Cancer Foundation (HCF). HCF is a non-profit organization committed to support education, treatment and cancer research, at Huntsman Cancer Institute.
Press Release Body: Action Donation Services(R) (ADS) had announced that it will be processing car, and other property donations to support the Huntsman Cancer Foundation (HCF). HCF is a non-profit organization committed to support education, treatment and cancer research, at Huntsman Cancer Institute.
\"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.
\"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.
Moreover, for certain property, ADS is able to offer"partial cash\" to the donor as an incentive to donate the property to the Huntsman Cancer Foundation. These \"partial cash \" 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 href=\"http://en.wikipedia.org/wiki/Automobile\">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(R) has been processing donations nationwide for more than seven years and has its home office in San Diego, California.