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and the date and amount of the contribution. Sec. 1.170A-
13(a)(1), Income Tax Regs.
Petitioners claim they contributed property to three
charitable organizations in 2003. We shall address each claimed
contribution in turn. First, petitioners claim they contributed
a 1989 Pontiac Sunbird with a value of $1,750 to Volunteers of
America, Inc. Petitioners introduced a donation receipt from
Volunteers of America, Inc. signed by a representative of the
organization, that substantiates petitioners indeed donated a
1989 Pontiac Sunbird and that petitioners received no goods or
services in exchange for the donation. Petitioners also
introduced a page of the Kelley Blue Book for January-April 2003
indicating that the suggested retail for their vehicle was $1,750
at the time they donated it. Respondent introduced evidence
indicating that Volunteers of America, Inc. sold the Pontiac
Sunbird less than 2 months after it was donated in “as is”
condition for $40.
We have carefully examined the evidence presented on this
issue. We discount the evidence that the charitable organization
subsequently sold the vehicle for $40 for several reasons.8
8If a charity sells the donated vehicle without any
significant intervening use or material improvement, the
deduction is now limited to the gross proceeds of the sale. Sec.
170(f)(12). This provision is effective for charitable
contributions made after Dec. 31, 2004. American Jobs Creation
(continued...)
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