• Fulfill your social mission — If your core values include
giving back to those less fortunate, this gets you closer to
meeting your philanthropy goals. Gifts-in-kind organizations distribute the products to qualified charities, who in
turn distribute them to people in need.
• Improve morale — Employees like working for companies
with a heart. If you have an employee giving or volunteer
program, this is a great way to inspire your workforce,
while putting your money where your mouth is.
How To Get Started
There are multiple gifts-in-kind organizations operating in the U.S. Choose one that’s easy to deal with and will
ensure that your products reach worthy charities. Look for
• Can tell you exactly what type of
charities they serve
• Accepts a wide range of merchandise
• Accepts large and small donations
• Offers a fast, streamlined donation
• Will provide you with detailed records
of what you donated and who received it
• Does not charge fees to corporate
Once you identify the organization
you want to work with, establishing a
relationship typically comes down to
completing some basic paperwork.
Then, whenever you are ready to
make a donation, you create a list of the
inventory you wish to donate. Once it’s
approved by your gifts-in-kind organization, you ship it to their designated location, where workers will sort it, catalog
it and make it available to its member
At that time, the organization will
send you proper tax documentation.
Once the products have been donated,
you’ll be provided with additional
documentation identifying the specific
charities that received it.
It’s that easy. Best of all, going
forward, your company has a simple,
repeatable work process for disposing
of unwanted inventory.
The Sooner, The Better
Now is a great time to align your
company with a gifts-in-kind organization. The sooner you start donating
inventory, the larger this year’s tax
deduction will be.
In addition, you will better position your warehouse to
operate more profitably and productively. The sooner you
clear your shelves, the sooner you free up space for higher
performing products. You may even make life easier for
your pickers, speeding order fulfillment and raising customer satisfaction.
And last but not least, you’ll be putting your unwanted
products into the hands of those who really need them.
Those items you resent for cluttering your warehouse has
the power to make a difference in someone’s life.
Gary C. Smith is president and CEO of the National
Association for the Exchange of Industrial Resources
(NAEIR), the largest gifts-in-kind organization in the U.S.
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