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Monday, August 05, 2013

Special Plates Revenue-Sharing Program Raises $3.5 Million
Monies will benefit groups such as Washington Redskins Leadership Council

RICHMOND - Nearly 70 Virginia organizations are receiving funds through the Department of Motor Vehicles (DMV) based on revenue-sharing special license plate sales during the past year. Drivers who registered their vehicles with these special license plates helped generate approximately $3.5 million for their favorite causes and colleges. Since the revenue-sharing program was introduced by the Virginia General Assembly in 1992, approximately $37 million has been raised on behalf of Virginia non-profit organizations and colleges. The top selling revenue-sharing plates include:

  • Friends of the Chesapeake Bay raising more than $291,000 for Chesapeake Bay restoration activities.
  • Breast Cancer Awareness raising more than $155,000 to support breast cancer educational programming.
  • Kids First (FACT) raising more than $155,000 to support children's programs though the Family & Children's Trust Fund of Virginia.

Also popular, the Washington Redskins license plate generated nearly $110,000 in the past year for its designated program, the Washington Redskins Leadership Council for community programs in Virginia. Since the plate was introduced in 2003, more than $875,000 has been generated for the program. There are currently 7,152 Washington Redskins plates registered in Virginia.

Since the license plate revenue-sharing program began, over $7.6 million has been generated for Virginia colleges and universities. Top selling college revenue-sharing plates include:

  • Virginia Tech license plates generating more than $274,000 in revenue for scholarships.
  • University of Virginia, James Madison University and the College of William and Mary, which collectively generated more than $187,000.

Revenue sharing plates cost $25 in addition to vehicle registration fees. Visit the DMV website for a complete list of available special plates and tax deductibility information.

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