The article below, referencing a visit made by a representative from Illinois Senator Richard Durbin’s office, was recently featured in over 230 news outlets throughout the country: Senator Richard Durbin’s Representative, Kate Jennings, Tours NAEIR with President Gary C. Smith GALESBURG, Ill., June 10, 2013 /PRNewswire/ — Kate Jennings, representing Illinois Senator Richard Durbin, recently…
Go to the Youtube video below and Listen to NAEIR’s President & CEO — Gary C. Smith’s Interview with Bert Martinez, Host of MONEY FOR LUNCH…Gary C. Smith, NAEIR’s (www.naeir.org) President & CEO, responds to Bert Martinez’s questions about the national, nonprofit, gifts-in-kind organization he’s been associated with since 1983.Gary describes NAEIR’s work with corporate…
“…By donating new, idle toys to charity, your business can earn a federal income tax deduction under Section 170 ( e )(3) of the U.S. Internal Revenue Code…” “…may deduct the cost of the inventory donated, plus half the difference between cost and fair market value. Deductions may be up to twice-cost…” To the read…
How do government agencies, schools, churches and other nonprofit organizations do more with less? Good question. Here’s how Gary C. Smith, NAEIR’s President & CEO responds…“Government Agencies Find Key Resource in Gifts-In-Kind Organizations”
Companies can earn an up to twice-code federal income tax deduction on their nonmoving, overstock inventory, by donating it to charity. Excess inventory may also include returns, buy-backs and discontinued products.
Excess, non moving inventory is a common business problem that, fortunately, also contains its own solution.
Gary C. Smith, NAEIR’s President & CEO was recently featured on Kevin Price’s nationally syndicated radio talk show, THE PRICE OF BUSINESS…You can listen to it now…
“…, huge amounts of materials are reused and prevented from heading directly to our nation’s landfills…” “…’I use the merchandise for gifts, awards, prizes, tools. Over the years, we have received pens, papers, office supplies, scrapbook supplies, hats, push brooms, flashlights, lunchboxes, tools and clothes. As a teacher, ‘free’ is a very important word!” said…
THERE WAS A PRICING ERROR IN THE ARTICLE. PLEASE NOTE THAT SCHOOLS CAN JOIN THE BASIC PROGRAM FOR $59. TEACHERS CAN JOIN THE TEACHER’S PROGRAM FOR $9. You can read the entire article here – http://www.districtadministration.com/news/smart-way-stretch-your-budget
THERE WAS A PRICING ERROR IN THE ARTICLE.PLEASE NOTE THAT SCHOOLS CAN JOIN THE BASIC PROGRAM FOR $59. TEACHERS CAN JOIN THE TEACHER’S PROGRAM FOR $9.Reuters — Boston Globe — Houston Business Journal — Miami Herald — Minneapolis/St. Paul Business Journal — San Francisco Chronicle … and many more media outlets –“Membership in gifts-in-kind organizations,…
