In January 2010, Middlesex Biofuel, Inc. spun off its waste oil collection side of the business to a separate non-profit company called the Alternative Fuel Foundation.
The Alternative Fuel Foundation is a 501c3 non-profit organization that accepts used vegetable oil donations from restaurants throughout the Northeast. All proceeds from the sale of the vegetable oil are used to fund or develop green education programs and promote sustainability.
Restaurants can receive up to a $5,000 tax deduction for donating used vegetable oil.
Because The Alternative Fuel Foundation is a non-profit organization, they will provide all donors with a letter stating the amount of cooking oil that was donated and what the average commodity price is. Ofter times the donated vaue of the oil is $1.50-$2.00 per gallon which can equate to a significant tax deduction for local restaurants and other establishments with fryolators.
The Alternative Fuel Foundation also provides:
- Free Collection Containers
- All Necessary Tax Forms to Claim Deduction
To make a donation or schedule a pickup please call 877-986-2338
or visit www.alternativefuelfoundation.org