Vehicles for Change Inc.
Overview
Vehicles for Change Inc. is a 501(c)3 nonprofit organization dedicated to improving the lives of low-income families by providing them with refurbished vehicles. This mission is part of its broader effort to address the transportation barriers that hinder financial stability and personal growth for these families.
Mission
At the heart of Vehicles for Change's mission is the commitment to transforming lives by ensuring essential transportation. By awarding cars to eligible families, they help create new opportunities for both personal and professional advancement. This not only helps families find better job opportunities but also enables them to participate in after-school activities and other social events[1][3].
Programs and Partnerships
Vehicles for Change augments its car donation program with workforce training initiatives in the automotive field. This comprehensive approach empowers recipients beyond mere transportation, equipping them with the skills necessary to secure jobs in the automotive industry. Notable partnerships, such as the one with Mazda's Drive for Good initiative, highlight the organization's ability to collaborate with major brands to support its cause[4][5].
Financials
As a nonprofit, Vehicles for Change relies heavily on public donations, with a significant portion of its revenue coming from contributions. The organization's financial structure is typical of many nonprofits, with a focus on program services and salaries, while maintaining substantial assets to support its operations[2].
Impact
By addressing the critical need for reliable transportation, Vehicles for Change has securely placed itself as a vital part of the social fabric in regions like Maryland, Virginia, and Washington D.C. Its efforts have been instrumental in helping families achieve financial independence and self-sufficiency[1][3].
Tax Benefits for Donors
Vehicles for Change offers a unique tax advantage to donors, allowing them to deduct the full fair market value of their car donation when it is awarded to a low-income family. This makes it an attractive option for those looking to support a charitable cause while also gaining a significant tax benefit[1].
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2007
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GALENA
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