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Donate Your Unwanted Vehicle to KUNM! 888-KUNM-CAR (1-888-586-6227)
Skip the hassle of finding a buyer for that unwanted car. Donate it to KUNM—and turn it into a tax deduction! It’s very easy, it qualifies you for KUNM Membership, and it helps KUNM a lot.
Frequently Asked Questions
Does my car have to be running?
Not always. It does have to have an engine and be towable. It varies from state to state and depends upon the year, make, and model of the vehicle. Sometimes if the cost to transport a vehicle will cost more than what it will bring at auction, it may be declined. Call our toll free line to find out if your vehicle qualifies: 888-KUNM-CAR.
Does my car have to be registered?
No, but you must be the legal titleholder.
What if I lost the title?
You must obtain the title prior to donating it. Contact your local DMV to obtain a duplicate title.
Where do I sign my title?
Our driver will instruct you of the proper place to sign your title. You may have to sign a power of attorney authorizing us to transfer it. Our driver will let you know what is required or call our toll free number 888-KUNM-CAR to speak our representative.
What kind of paperwork will I receive?
You will receive a tow receipt when the vehicle is picked up. Thirty days after the vehicle is sold, you will receive an acknowledgement. If your vehicle sells for OVER $500 you will receive IRS Form 1098 B & C.
How much can I take for my donation?
Effective 2005, if the value of the vehicle is over $500, the taxpayer is limited to deduct the amount for which the vehicle sold. In such a case you will receive a Form 1098 B & C within 30 days of sale. If the vehicle sells for under $500 you will not receive IRS forms as you are not required to file them for vehicle donations up to $500. Please consult your tax advisor to determine your benefit or for additional information, (visit the IRS website) at http://www.irs.gov/pub/irs-drop/n-05-44.pdf .
What will happen to my vehicle?
Your vehicle will be picked up by one of our courteous drivers and sold at auction. Cars are usually sold within 30 days of pick up. Some vehicles may take longer.
Is there a tow fee?
No. If you are out of our towing range, we can offer you the option to drop the vehicle off at our auction house at your convenience.
Are all cars sold at auction?
No. Occasionally, cars that are donated do not sell at auction. In those cases, the vehicles are sold for scrap metal.
Will I be notified when it sells?
Yes. If the vehicle sells for over $500 you will receive IRS Form 1098 B & C. If not, you will simply receive an acknowledgement as required by the IRS.
How soon can my vehicle be picked up?
Vehicles are picked up at a time that is convenient for you. Our representative will take all pertinent information regarding your donation, and forward it to our tow company. They will call you within 24 hours to set up an appointment. If you have not been called within 24 hours, please call 888-WAPS-123).
What vehicles do you accept?
We take cars, boats (if they are on a trailer), motor homes, trucks, motorcycles (if they are operational), farm equipment, and recreational vehicles such as snowmobiles, jet ski, etc.) Call our representative to find out if your vehicle qualifies.
Why Donate?
There are several great reasons, like:
1. You don't want to worry about selling your vehicle.
2. It’s too expensive to repair your vehicle.
4. You don't trust your car to be safe on the road.
5. You need a tax write-off.
But the most important reason is that your donation will help KUNM-FM, serving New Mexico with community-powered public radio since 1966!
THANK YOU!
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Gifts of Stock or Other Securities
KUNM is licensed to the Regents of The University of New Mexico. Gifts of stock designated for KUNM are handled through the UNM Foundation. To make a contribution to KUNM via stock transfer, please provide a letter to your broker with the following information:
Name of security and number of shares to be transferred.
Donor’s account number from which the shares will be transferred
UNM Foundation’s account into which the shares are to be transferred:
Morgan Stanley Dean Witter Account #234-021171-242 (DTC#0015)
for “the account of the UNM Foundation, Inc.”
Name, address and phone number of the UNM Foundation’s broker:
Morgan Stanley Dean Witter
Attn: Lanny Rominger or Bruce Seligman
6701 Uptown Blvd. NE
Albuquerque, NM 87110
505-883-6262
The intended purpose of the gift:
Contribution to public radio, KUNM 89.9 FM
Date transfer is to be completed.
Please email, mail or fax a copy of your letter to:
Mary Oishi
KUNM 89.9 FM
MSC06 3520
1 University of New Mexico
ABQ, NM 87131-0001
Email: maryoishi@kunm.org FAX: 505-277-6393 Phone: 505-277-8006
As soon as the stock transfer has been completed, the UNM Foundation will send you an acknowledgment for income tax purposes. Pursuant to IRS guidelines, the value of the gift will be based on the average of the high and low price of the stock on the date of the transfer. If you have further questions, please call the UNM Foundation Senior Accountant, Barbara Carroll, at 505-277-5686 or Laurie Loose at 505-277-5612.
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Support/Membership
More than 50% of KUNM's annual operating funds come from listeners just like you. We welcome your contributions in any amount. A contribution of $20 or more entitles you to a 1-year subscription to our monthly Program Guide, Zounds! and $75 or more entitles you to a thank you gift. Check out current gifts and pledge on-line by clicking the PLEDGE NOW button on our homepage. Or, if you prefer you can mail a check or money order payable to KUNM to: KUNM Membership, MSC06 3520, 1 University of New Mexico, Albuquerque, NM 87131-0001. Or, call 505-277-3968.
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KUNM Caretaker Club/Sustainers' Circle
Direct bank transfers from your checking account or VISA/Mastercard save time, energy and paper: the trees thank you! Once you're enrolled, your $5 or more is transfered directly to KUNM each month. To enroll in this option, call 505-277-3968.
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UNM Payroll Deductions
Employees of the University of New Mexico can give to KUNM with easy payroll deductions. To sign up, call 505-277-3968.
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Matching Gifts and Underwriting
Many companies will match their employees' contribution to KUNM. For details, click the matching employers link above.
If your business or non-profit wants to air announcements on KUNM, click the link below.
Read about Underwriting Opportunities
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