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AMIkids Yacht Donation Program

6,000 Yachts, 50 years.

Vessel Contribution As Easy As One…Two…Three.

by Jorge Mahauad | Aug 15, 2018
This is a piece created for one of our broker mailings. We thought some more information would be appreciated for people wanting to learn more about the Yacht Donation Process. Every case is special and we work our donations on a case-by-case basis. For more information about the AMIkids Yacht Donation Program contact one of our experts.

Vessel Contribution As Easy As One…Two…Three.

This is the initial step in the donation process and it’s the donor’s responsibility to have the vessel appraised to determine a basis for their tax deduction. The charity will provide the necessary IRS forms to the donor in order to complete the first portion of the contribution.

Survey: Once the appraisal process is complete AMIkids will arrange to have the vessel surveyed. Assuming the vessel checks out during this stage AMIkids will move forward with a closing.
Now that AMIkids has determined the vessel to be an ideal candidate for the program the organization will work with the donor to complete the closing and provide proper documentation such as IRS forms 8283 (non-cash charitable contributions) and form 1098-C (contributions of vehicles, boats, and airplanes to document intentions of the vessel and material improvements). This final step can usually be concluded within 30 days. 

AMIkids is the go-to team for yacht donations. Their program is designed to follow strict protocol to protect the donor following current IRS guidelines all the while utilizing the donated proceeds for youth educational schooling throughout the country. – Lon McCloskey, Yacht Sales Professional       

In every instance, AMIkids has handled my clients’ donations in a very professional manner and with the donors’ best interest in mind. I recommend AMIkids and nobody else. With AMIkids, my clients come away with the great feeling that they have helped make a difference in troubled kids lives! – Jud Black, Bluewater Yacht Sales Bluewater Yacht Sales
We have been fortunate to have a relationship with AMIkids over several years and to be a part of what they accomplish so well. AMIkids motivates the community to give back and in doing so provides children and adults alike opportunities to share, learn, give and grow. We look forward to a lasting involvement with AMIkids! – Roy Merritt, Merritt’s Boat & Engine Works Brokerage Merritts Boat Brokerage
Thanks to our ongoing partnership with Yachting, AMIkids is able to spread more awareness about our programs and how the yachting community can help youth around the nation achieve a brighter tomorrow. – Michael Thornton, AMIkids, Inc.  -  Visit: Yachting.comYachting_Logo

"We always knew about AMIkids, but in 2019 I became involved in a transaction and took an interest to learn about the work various schools do. It struck me —supporting AMIkids is a way in which I can pay-back.

I got involved in helping kids in rough environments make better choices and get on a better route to success. I was happy to be invited to join the board of trustees and help contribute in the ways that I can."

— Neil Emmott, Partner at Superyacht Sales and Charter

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