Overview
What is Car Donation Foundation?
The Car Donation Foundation is a nonprofit organization headquartered in St. Louis Park, Minnesota, with an address at 5775 Wayzata Boulevard 700. Their mission is to financially support various charitable organizations by accepting and selling donated motor vehicles and other properties through wholesale auction houses. The proceeds from these sales, after covering expenses, are then donated to designated charities. These charities include 54 Make-A-Wish chapters, 21 veteran organizations, certain children's charities and pediatric hospitals, and animal humane, assistance, and adoption charities. As of 2022, the Car Donation Foundation reached a significant milestone by donating over $120 million to these charity recipients.
Official website here: www.wheelsforwishes.org
Is Car Donation Foundation legitimate?
Car Donation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Car Donation Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $250,000
Professional Fundraising Fees: $16,278,932
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wheelsforwishes.org
What is the mission statement of Car Donation Foundation?
The Car Donation Foundation supports various charitable organizations financially by facilitating the donation and sale of motor vehicles and other property. Donors contribute their unwanted vehicles, which are then sold by wholesale auction houses to the public. A significant portion of the proceeds, following expenses, is donated to the designated recipient charities. These charities include 54 Make-A-Wish chapters, 21 veteran organizations, certain children's charities and pediatric hospitals, as well as animal humane, assistance, and adoption charities, with a collective goal of donating over $120 million to these organizations.
Official website here: www.wheelsforwishes.org
Who is the CEO of Car Donation Foundation?
Loren Dorshow is the Executive Director of Car Donation Foundation.
Official website here: www.wheelsforwishes.org
What is the revenue of Car Donation Foundation?
Car Donation Foundation's revenue in 2022 was $52,494,113.
Official website here: www.wheelsforwishes.org
Who are the executives of Car Donation Foundation and what are their salaries?
The average compensation at Car Donation Foundation during 2022 was $250,000. There are 1 employees and 5 volunteers at Car Donation Foundation.
Here are 6 key members and their salaries:
- Loren Dorshow (Executive Director)
- Lee Orwig (President) [Trustee/Director]
- Anne Veach (Secretary) [Trustee/Director]
- Roger Gershin (Treasurer) [Trustee/Director]
- Jon Applebaum (Director)
- Matt Rosenberg (Director)
Official website here: www.wheelsforwishes.org
Where can I find the form 990 for Car Donation Foundation?
The Car Donation Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.wheelsforwishes.org
Learn more at the official website: www.wheelsforwishes.org
Mission Statement of Car Donation Foundation
The Car Donation Foundation, a notable philanthropic organization, is dedicated to financially supporting various charitable organizations through the donation and sale of motor vehicles and other property. The mission of this entity is geared towards making a significant impact by channeling the proceeds from the sale of donated vehicles to deserving charities.
Operating as a facilitator, the Car Donation Foundation collects motor vehicles from donors and sells them through wholesale auction houses. Following the sale, the substantial proceeds are donated to recipient charities, with the expenses incurred during the sale being the only exceptions. The recipient charities encompass a diverse range of organizations, including 54 Make-A-Wish chapters across the country, 21 veteran organizations with nationwide programs, certain children's charities and pediatric hospitals in various parts of the United States, and animal humane, assistance, and adoption charities.
Since its inception, the Car Donation Foundation has reached a remarkable milestone by donating over $120 million to these charitable organizations. This substantial contribution has played a crucial role in furthering the vital work of these entities and enriching the lives of countless individuals who stand to benefit from their services.
Impact
This information is meant to be a general summary of Car Donation Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Car Donation Foundation's impact lies in financially supporting a wide range of charitable organizations through motor vehicle and other property donations. Donors contribute motor vehicles which are sold by wholesale auction houses to the general public. Substantially all proceeds, after expenses, are donated to recipient charities including 54 Make-A-Wish chapters all over the country, 21 veteran organizations with programs impacting the entire United States, certain children's charities and pediatric hospitals in different parts of the United States, and animal humane, assistance, and adoption charities. As of 2022, the foundation has achieved a milestone goal of donating in excess of $120 million to charity recipients. Its mission is to continue supporting other charitable organizations through such donations, demonstrating its commitment to philanthropy.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2007
Phone
(952) 525-2238
Principal Officer
Loren Dorshow
Main Address
5775 WAYZATA BOULEVARD 700, ST LOUIS PARK, MN, 55416
Website
www.wheelsforwishes.org
NTEE Category
Code: D30 - Animals
If you are a representative of Car Donation Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.