Charities

Charitable Organizations

ASC always goes the extra mile to maximize the value of donated property. ASC also assists the Charity and the Donor with compliance of all state and (IRS) Federal requirements and laws by providing all required paperwork including transfer of certificates of title, deeds of trust, tax receipts, etc.

Charitable Organizations 501 (C) 3 within the United States provide a variety of critical services and assistance to a large population of people throughout the nation. These organizations have always relied on Charitable contributions to fund their critical missions.

In today's economic climate; spiraling government deficits, diminished real estate values, high rates of unemployment, collapsing retirement accounts, the devaluation of the dollar and the resulting economic uncertainty places additional financial strain on charitable contributions. With many Americans struggling to make ends meet, charitable income is lessening and their services dwindling. The potential consequence for Charitable Organizations is obvious - critical missions could be affected and some may be forced to close or dramatically reduce the level of assistance they can provide.

As thousands of Charities compete for fewer available donations, each opportunity to generate charitable income must be maximized. ASC works diligently to assist Charitable Organizations in continuing their critical missions. By enabling Donors to give property rather than dollars, ASC is contributing to the continued success of notable Charities despite the tightening of consumer wallets.

Charities with Existing Property Donation Programs

Some Charities have had property donation programs in place for years, but our research demonstrates that the majority of these programs are not maximizing revenue. These 'typical' programs liquidate donated property by sale at auction in the 'AS IS' condition. Most often, the providers of this service do not invest in the donated property or make any effort to increase the sale proceeds for the Charity. In these instances, property is picked up and sold as quickly as possible.

ASC wants to REPLACE these programs with our unique value-added repair service and INCREASE your CHARITABLE REVENUE.

Charities Without Property Donation Programs

ASC will assist Charities in establishing a property donation program to help increase income. The program is easy to implement and does not require additional personnel or any significant cost. ASC primarily acts as an arm of the Charity to manage the program on behalf of the organization. We only ask that the program be promoted through announcements in monthly newsletters and direct mail, public relations opportunities, and on the Charity's website thus linking potential property Donors to the ASC site.

Expanded Donor Opportunities

ASC provides liquidation services for a variety of property including, but not limited to; automobiles, boats, jet skies, motor homes, campers and trailers, construction equipment, motorcycles, etc. Additionally, ASC liquidates real estate and other high-value items including collectibles. Due to ASC's diversified property mix, our Charitable and Donor Clients enjoy an increased opportunity to assist worthy causes.

Developing relationships with banks, leasing companies and affluent individuals is another example of how ASC works for our Charitable Clients to generate higher valued donations and thus, greater financial benefits. Providing liquidation services for a large variety of products is yet another way that ASC increases your potential for Charitable income.

Significant Property Improvements and The Bargain Sale

ASC makes significant improvements to donated property whenever our assessment determines that it will increase revenue for the Charity and Donor Client. These improvements include property refurbishing, body and paint work, engine and transmission overhauls and other minor repairs. ASC advances the capital necessary to make these improvements and therefore DOES NOT REQUIRE THE CHARITY TO COMMIT ANY FUNDS WHATSOEVER FOR THIS PURPOSE.

To encourage high-value property donations, ASC provides cash advances to owners on behalf of the Charity. This service is provided under the IRS provision known as the Bargain Sale, which permits Donors to receive some cash along with the maximum allowable tax deduction. Like property improvements, ASC does not require the Charity to contribute to this service.

ASC develops and determines revenue sharing with each charity individually. The final determination of revenue proceeds and/or splits is deterrmined by many factors including, but not limited to, the volume of donations generated, third party participation, if any, and other cost factors like selling fees, etc.

Financing

Our available financing increases the quantity of purchasers for property donations. To find out more about financing opportunities, click here.

Insurance and Contract

ASC provides client Charities and their Board of Directors with exceptional comprehensive liability insurance. The contract establishes an 'Agency Relationship' between ASC and the Charity so that the IRS will permit tax deductions for Donors. The contract contains a provision permitting the Charity to terminate the contract without cause at any time.

Advertising

ASC provides advertising for the benefit of our Charitable Clients at no charge. We utilize a variety of proven promotional methods including, but not limited to; print media such as; phone directories, newspapers, direct mail, public relations and the Internet. Over half of all donated property originates directly from our advertising.

Database Access

All ASC Charity Clients have 24/7 online access to the ASC database that contains all pertinent information on the Charity and the donated property. Designated individuals will be given password-protected access in order to track the status of donations throughout the liquidation process.

Some of the data included is listed below:

• Client inventory
• Property donor information
• Liquidation stage (property en route, repair shop, retail lot, date scheduled for auction)
• Proceeds generated by unit sale
• Amount scheduled for transfer to the Charity
• Transfer date

Payments to Charities

Charitable Organizations can track the liquidation process of the property donated to them by accessing the information through our online database. ASC prepares and forwards all payments twice monthly. This method ensures that the Charity will receive their sale proceeds (mail or electronic transfer) consistently and on a standard schedule. Charities will know in advance the amount being transferred during any given payment period.