Driving Successful Lives (DSL) is leading the charge in transforming blighted industrial and commercial properties into opportunities that benefit local communities and people in need. With a recent donation of a long-abandoned truck terminal in Saginaw, Michigan, DSL has demonstrated the power of philanthropy and smart business solutions.
The truck terminal, unused for 30 years, had become a financial burden for its owners. High costs for taxes, insurance, and maintenance persisted while efforts to sell the property were stymied by the recapture of capital gains. By donating the terminal to DSL, the company not only avoided these financial pitfalls but also qualified for charitable tax deductions.
DSL sold the property, revitalizing the once-blighted area and generating proceeds to support its charitable initiatives, which include helping veterans, individuals facing homelessness, and families in need. “This donation turned a liability into a win for the company, the city, and countless people who benefit from our programs,” said Mark Maupin, Director of DSL.
With a proven track record of community transformation, DSL invites other companies and municipalities to consider donating vacant properties. Testimonials from previous donors and beneficiaries highlight the organization’s positive impact on people’s lives, from providing reliable transportation to job seekers to aiding families recovering from natural disasters.
By addressing blighted properties, DSL fosters economic growth and community revitalization while providing essential support for those in need. Maupin concluded, “We hope other cities and companies will follow this example. Together, we can create a brighter future for communities and individuals alike.”
To learn more about donating commercial or industrial properties, visit www.drivingsuccessfullives.org/real-estate.
About Driving Successful Lives
Driving Successful Lives’ mission is to help raise funds and improve the lives of veterans, homeless families, children, those with addictions while helping donors generate a tax deduction, often with property or vehicles they might no longer want.
Every time a person gives to the charity of their choice it may also create a tax benefit for them. Car donations, real estate donations or money donated to non-profit institutions throughout the tax year may be tax deductible which means that they could make a positive difference for people while reducing the amount of income taxes they pay. Contributing to charities can be a very convenient way to reduce taxes and help others.
