Gift of assets to a company, usually by state or local governments, to induce a business to relocate. The item donated is recorded at its fair market value on the donation date. The donor does not have an owner's interest as a result of the donation. The recipient's entry is to debit the asset and credit contribution revenue. The donor debits contribution expense at fair value, credits the asset at cost, and the difference is a gain or loss.
- Either call them at 1-800-227-2643 or fill out our form online at Donate Boat
- They send you out a receipt via email and package in the mail with a form and a disposable camera so they can get pictures of the boat
- They get the package back from you and list it at charityboatsales.org your boat Donations will be picked up in 6-8 business days. If it doesn’t sell, then we will pay to have it stored!
Donate your used boat and feel good about giving and contributing to a world changed for the better.
They also have Charity service where you can do a Car donation. This really good that they have taken a step towards Donation and a noble cause to help people who are in real need of money.