Can I Donate a Boat to a Charity?

A Picture of a Boat for Donation

Yes, a person can donate a boat to a charity in Florida. In the sunshine state, numerous charitable organizations will accept donations of boats.

Why donate a boat to charity? 

There are many reasons why a person may wish to donate a boat to a charity of their choosing. Charities often carry out important missions and work and individuals may want to help further their impact. Additionally, individuals may receive financial incentives, including tax deductions for contributing to a 501(c)(3) organization. 

Additionally, the process of donating a boat is often easier and more secure than if a person sells it privately.In many instances, a donor will also receive free removal of the boat, facilitating a stress free process. 

What steps do I have to take to donate a boat?

To donate a boat to a 501(c)(3) charity in Florida, individuals should first research eligible charities to give their donation. 501(c)(3) non-profit organizations that have tax-exempt status will permit individuals that donate to their cause to to receive tax deductions. A person should research charities that best align with their values and that also accept boat donations. A person seeking to donate a boat should be aware that some charities may have specific requirements or restrictions on accepting boat donations based on the type of boat, its condition, and age. In turn, it is important to assess the boat’s condition, including its mechanical components, hull integrity, and outward appearance. 

Second, a potential boat donor should get an appraisal or valuation of the boat prior to donation. A person is able to take a tax deduction for their donation in the amount of the boat’s fair market value. A person should consult with a qualified appraiser or marine surveyor in order to get an appropriate appraisal. 

Once a charity agrees to accept your donation, the donor will have to transfer ownership of the boat to the charity. To do so, a person will need to transfer the boat’s title to the new owner and submit this change of ownership to the Florida Department Highway Safety and Motor Vehicles (FLHSMV)

After donating a boat, the donor should obtain a receipt or an acknowledgement letter from the charity. Proof of the donation is important in order to claim a tax deduction. The receipt should detail the boat’s specifics, including its description and date of donation. 

If you would like to learn more about donating a boat to a charity, do not hesitate to contact one of our experienced business attorneys at EPGD Business Law.

EPGD Business Law is located in beautiful Coral Gables. Call us at (786) 837-6787, or contact us through the website to schedule a consultation.

*Disclaimer: this blog post is not intended to be legal advice. We highly recommend speaking to an attorney if you have any legal concerns. Contacting us through our website does not establish an attorney-client relationship.*

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Eric Gros-Dubois

Founding partner Eric Gros-Dubois established EPGD Business Law in 2013. With over a decade of experience expanding the firm and leading it to its current success, Eric now primarily manages the corporate division of EPGD. Given Eric’s educational background, holding both a JD and MBA, combined with his own unique experience of starting a business from scratch and growing it to a multi-million dollar firm, he brings a specialized and invaluable perspective to those seeking legal assistance for themselves and their businesses. Having now instilled his same values in our team of skilled corporate associates, Eric leads a firm that is always ready, willing, and equipped to handle any and every legal matter that a business owner may have.


*The following comments are not intended to be treated as legal advice. The answer to your question is limited to the basic facts presented. Additional details may heavily alter our assessment and change the answer provided. For a more thorough review of your question please contact our office for a consultation.

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