Donate Used Hearing Aids
Did you know that by donating your used hearing aid, you can help
others to hear? If you or a loved one has a hearing aid that's no
longer in use, donating it can help others to hear.
Why Donate?
All hearing aids, regardless of age, model, make, or condition,
may be donated to the HEAR NOW Program, a division of the Starkey
Hearing Foundation.
The Foundation's mission is to help hearing-impaired
populations throughout the world to hear better. Your donation helps
to underwrite the Foundation's domestic efforts in providing free
hearing devices to those who need them most.
About Donations
In 2006, 35,585 hearing devices were donated to the program. Hear
Now program collection sites were responsible for 76.9% of those
donations. What a wonderful gift this is to help the Starkey Foundation
as it provides hearing devices to individuals throughout the country.
We encourage hearing device wearers and their loved ones to consider
donating the instruments once they are no longer in use.
Donors also
are eligible for a tax benefit if they itemize donations on their
taxes.
Participation in the Hear Now Donation Program
- It is the donor's responsibility to determine the value of the
donation. The tax benefit is only available for those donors who
itemize deductaions on their tax returns. Those who take the standard
deduction receive no additional tax benefit. Only contributions
made during that previous tax year are eligible for tax benefits.
- The tax law allows a dedution for the
fair market value of the donation. The IRS reminds donors to
mainatin records of their donation to substantiate the value
of their gift.
- Taxpayers can find assistance regarding the donations they
make in Publication 526, Charitabel contributions. A second
reference, Publication 561, Determining the Value of Donated
Property, answers many questions that donors may have when
they make non-cash contributions. Both publications are available
at the IRS website, www.irs.gov, or by calling 1-800-TAX-FORM
(1-800-829-3676). To help you determine the value of your donation,
you can use a five year, straight line depreciation (see formula
below).
- Divide the original cost by 5 to determine yearly depreciation.
- Multiply the yearly depreciation by the age of the aids.
- Subtract that figure from the original cost to determine
the remianing value.
- All donations for a tax year must be postmarked
no later than December 31 to receive tax benefits for the
next filing.
- Print out the Hear Now donation form
and complete it.
- Place the hearing aids in a padded box or padded
envelope for shipping. Include the completed form from step 2.
- Label the box or envelope: HEAR NOW donation. Include your name
and address inside the package.
- Ship to: 6700 Washington Avenue S., Eden Prarie, MN 55344
- You should receive confirmation of your donation approximately
7 weeks after your donation has been sent.
Thank you from all of us the Starkey Hearing Foundation. Together, we're
providing hearing aids to those who cannot afford them.
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