Thinking of Donating Your Boat?
Should you ever contemplate selling your boat, we invite you to consider donating it to Friends of Casco Bay to support our work. Our Boat Donation Program is a partnership with the Maritime Funding Association of Maine.
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.
We require that the boat is operable and in seaworthy condition. In most cases, due to the brokerage fees and storage costs, the market value of the boat must be more that $15,000.
If you are interested in donating your boat, please fill out the form below and we will follow up with you—usually within 24-48 hours.
If you have any questions about our Boat Donation Program, please contact Will Everitt at (207) 799-8574 or willeveritt@cascobay.org if you would like to discuss more specifics about this program.
Thank you for thinking of us!
Boat Donation Form
Fill in the form below to the best of your ability. All fields with (*) are required.