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V-DAC manages a service that duplicates how the largest charities handle vehicle donations:
V-DAC establishes and supervises all processes, including maintaining a registry of non-profits and preparing marketing materials for reproduction by non-profits.
Vehicles are handled by the auction service for 14 of the 20 largest insurance companies and the top 10 national charitable programs.
An accredited 501(c)3 "Central Charity" accepts vehicle titles and distributes proceeds from vehicle auctions to maintain donor tax deductibility and ensure indemnification of the "receiving" non-profits.
The "Central Charity" distributes all net proceeds after all auction costs and administration fees are deducted to the donor designated "receiving" non-profit.
V-DAC, as fund raising counsel, gets a small administration fee for managing the program. This fee is used for preparing and managing internet services, processing systems and fund raising materials. V-DAC, itself, does not solicit vehicle donations for charitable purposes.
The result is non-profits receive proceeds similar to a dedicated program after the costs of staffing are taken into account. To see detailed cost examples go to Costs and Timing.