The Indiana Masonic Home Foundation (IMHF) partners with V-DAC to provide vehicle donation services to Indiana Freemasons and other Foundation supporters. V-DAC has provided vehicle donation services to non-profit organizations and donors since 2003. V-DAC has worked with:
- Car Talk
- Boy Scouts of America
- St. Jude’s Ranch for Children
- Goodwill Industries
- Veterans of Foreign Wars Foundation
- NASCAR Foundation
- And the Indiana Masonic Home Foundation
Why donate through the IMHF program?
- We accept any vehicle, anywhere in America, running or not.
- It’s a free, easy, quick, secure alternative to selling or trading-in yourself.
- You get a potential tax benefit.
- You may donate by Internet or phone.
- Most of all, it’s a way to help your favorite charity – the Indiana Masonic Home Foundation – in a big way.
What are the benefits of donating a vehicle?
It’s simple, fun, and free. You avoid the hassle of selling it yourself – no ads, no dealing with strangers. If you ever have sold a used car, you realize it hardly ever is simple or fun.
We convert the car into cash, which becomes a welcome donation to IMHF. You are entitled to a tax deduction, and you avoid the cost and hassle of repairing or selling a car you no longer want.
Do you accept all vehicles?
Yes. We strive to accept any vehicle, anywhere, running or not – cars, trucks, motorcycles, RV’s, boats, airplanes, heavy equipment, farm machinery, etc. V-DAC picks up anywhere in the country. The only reason we might not be able to accept a vehicle is where the transportation costs may be higher than the vehicle value.
What if I have title issues?
If you don’t have a title certificate, can’t find it, or have problems with your title, call V-DAC toll free at 877-999-8322. The Call Center staff is expert is solving these matters.
Is there any cost?
There is no cost to the donor or IMHF. All expenses are deducted from the gross sales price and, if the costs ever exceed the price, V-DAC covers those costs.
How much work is it for me?
It’s easy to donate a vehicle. Either input the vehicle and pick up information online, or call 877-999-8322 and give the information to the Call Center. You fill out a few forms. You will need the year, make, model, VIN number, mileage, title information, and location of the vehicle. You will receive a call from the tow service to arrange a convenient time and location for the pick-up. You do not need to be there.
How long until my vehicle is picked up?
A newer car generally is picked up right away. Older cars are picked up within a few days of receiving the paperwork.
How long before IMHF gets its money?
It usually takes 45-60 days from the time the vehicle is picked up until the car is sold and the transaction is completed. Once the transaction is completed, the net cash proceeds are usually delivered to IMHF within two weeks.
What will happen to my car?
Your car is assessed to determine the used car market that will yield the best sale price, joining some forty-three million other cars re-sold each year. Most vehicles are sold through wholesale auctions. Older, damaged and problem vehicles are often sold directly to dismantlers or recyclers for valuable parts and metals.
How do I check on the status of my car or get other answers?
Will I receive a tax deduction?
Since IMHF cannot give tax advice, consult your tax advisor with specific questions. In general, you are entitled to deduct the sales price of your vehicle. If it sells for less than $500, you can deduct the “fair market value” of the vehicle, up to $499. You benefit from being able to reduce your taxable income when taxes are itemized. You will receive the sales receipt or IRS Form 1098C you will need for tax reporting.
How much money goes to IMHF?
The V-DAC program strives to give a high net return to non profits. Once the vehicle is sold, the company deducts the actual costs of towing, auction and title processing. From the net proceeds, IMHF receives between 70% and 80%, depending on the value of the vehicle. Higher value vehicles provide more. The long term average is a return of approximately 78% of the net sales proceeds.
Who is V-DAC?
Vehicle Donation to Any Charity, LLC (“V-DAC”) is a Fund Raising Counsel, registered with the State of California Office of the Attorney General.
For information about Indiana Masonic Home Foundation giving programs, visit our website at imhf.org, contact us by telephone at (317) 637-9582 or toll free at (800) 277-4643, or send an email to firstname.lastname@example.org.