Donating your boat has several advantages
over selling it:
Through our program you can deduct the full appraised value of your vessel as a charitable deduction in the year in which it is donated. You will not be limited to its immediate sale value.
You may see immediate savings on your taxes close to the amount you would net from a sale, especially after considering expenses such as brokerage fees, storage, insurance and necessary improvements.
Donating your boat removes the hassle of offers, counter offers, and constant inquiries from buyers who are shopping for a “bargain.”
You would have the satisfaction of knowing that your boat is going to a worthy cause as it supports our efforts to improve and protect the waters that we all enjoy.
Friends of Casco Bay’s Casco BAYKEEPER® vessel was donated to our organization and has faithfully served the Bay for over a decade.