Donate Your Timeshare To Charity: National Foundation For Cancer Research Launches New Giving Program

The National Foundation For Cancer Research (NFCR) has initiated a new program to accept unwanted timeshares as gifts that can be sold with proceeds used to help fund cancer research. Donors receive a full charitable tax deduction for the value of their gift.

“Many timeshare owners commonly want to rid themselves of their timeshares for a variety of family, health or personal reasons,” said Franklin C. Salisbury, Jr., president of NFCR. “They also often find themselves in a difficult situation when it comes to finding a buyer, either individually or with an agent—the process can be a headache. Now individuals can turn that headache into helping find a cure for cancer and receive a charitable tax deduction in the process.”

The process for donating a timeshare is as easy as visiting the NFCR website at www.NFCR.org or calling (800) 321-2873 and answering a couple of quick questions. Acceptable timeshares should be free and clear of any outstanding mortgages and be located in the United States, Mexico, Canada or the Caribbean.

80-90% of the timeshare gifts offered can be accepted and the gift completed at no cost to the donor within 2-4 weeks. A typical timeshare gift will provide a charitable tax deduction of $3,000 – $5,000 per timeshare week donated and the donor can avoid the up-front “listing fee” of $300-$900.