March 8, 2011; Source: Macworld | If you are one of the countless numbers of people who rushed out to buy a new Apple iPad2 this weekend and now don't know what to do with the one you purchased less than a year ago, consider donating it to one of several charity-minded groups that will find it a new home. According to Macworld, Recycling for Charities and the iPhone/iPod touch Recycling Program will accept donations of iPads.

Your formerly must-have piece of technology will eventually be passed along to a deserving nonprofit or classroom. Another organization, Computers With Causes, will give donated iPads to individuals and families in need. According to Macworld, the HollyRod Foundation will pair donated iPads with special needs children and their families "to help them communicate better."

Even Apple wants to help you shed yourself of excess iPads. A promotion on its website invites people to drop off their old iPads at the company's retail stores, which are collecting them for teachers in the Teach for America program, which serves students in low-income communities.

Altruism aside, Macworld reminds, if you decide to part with your iPad "you'll want to get a receipt." The magazine says your tax preparer will have to "determine whether you'll be able to deduct the fair market value of your donated iPad from your 2011 taxes next year."—Bruce Trachtenberg