How is the value of my donated boat or equipment determined?
The value of donated boats and equipment (or groups of similar items such as sales) over $5,000 is determined by a qualified appraiser you select. This avoids research and guesswork for you and eliminates a potential conflict of interest for a charity eager to attract the potential donation with an inflated appraisal. If you need an appraisal for your donation contact The National Association of Marine Surveyors (NAMS) or The Society of Accredited Marine Surveyors (SAMS) for a boat or your local sail loft for valuing donated sails. For donated vessels that we are not able to make substantive use of or materials improvements to, the value is determined by the amount we report to you and the Internal Revenue Service that we sold it for. This eliminates the guesswork and risk of you determining the value of your donation. We will not accept a boat without telling you what our plans are for it upfront. For an idea of what your boat may appraise for try BoatU.S. Value Check or compare simil