Monday, December 06, 2004

Post-Crescent - Rawhide worries about car gifts

Post-Crescent - Rawhide worries about car gifts: "Rawhide worries about car gifts
Tax law change affects donations to U.S. nonprofits
By Ben Jones
P-C Madison bureau chief
Every year, Rawhide Boys Ranch accepts 10,000 donated cars, boats and recreational vehicles.
Troubled boys who live at the ranch several miles southwest of New London fix up the cars and learn valuable job skills. Rawhide sells the cars and generates $3 million a year, equal to about 40 percent of the organization�s revenue."

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