“Post No. 71. Extra Inventory? Donate It! Donations from corporations make it possible for non profits to receive free merchandise. All they have to do is send off their donations to gift-in-kind organizations like NAEIR, which redistribute donations of new, overstock and discontinued products to member schools, churches and other nonprofit organizations in need of…
—– Cheri Bustos, in 7th Week as 17th District IL Congresswoman visits NAEIR before delivering Galesburg Chamber Keynote —–Galesburg, Illinois – Thursday, February 21, 2013 – U.S. Congresswoman Cheri Bustos traveled to Galesburg, IL to visit NAEIR www.naeir.org .The Congresswoman toured NAEIR’s facility accompanied by the organization’s president and CEO Gary C. Smith. Ms. Bustos greeted…

Breaking News!Manufacturing .net, the “leading source for manufacturing news and insight” just featured an article about NAEIR, written by Gary C. Smith, NAEIR’s President and CEO —Extra Inventory? Donate It…In a nutshell, it’s about corporations that support charities, clear space and get tax breaks by donating excess inventory…“Companies like Microsoft, Stanley Tools, 3M, Newell Rubbermaid,…

Jennifer Lieber, our Director of Membership recently walked into my office with a few items in hand that she received from the University of the Cumberlands, a NAEIR member since 1979. In addition to a letter from Jim Taylor, the University’s president, other items included a brochure, a dvd and a small ceramic bowl.UC –…

As 2012 draws to a close, many businesses are getting ready to file their taxes, but thousands of those companies will overlook a deduction that could have a major impact on their bottom line.By donating its excess, nonmoving inventory to charity, a corporation can earn an above-cost federal tax deduction, under Internal Revenue Code Section…

NAEIR was recently featured in the International Reading Association’s online newsletter – Reading Today Online.The publication carries articles and stories on teaching literacy, children’s and young adults’ literature, research and grants, legislation and policy as well as member news (including international stories).You can read the NAEIR story by going to NAEIR Program Offers Free Supplies…

An article appeared recently in the New York Times entitled Retailers Add Politics and Nature to Their Holiday Worry List, written by Stephanie Clifford. It quoted John Barbour, CEO of LEAPFROG – a designer, developer and marketer of innovative, technology-based educational toys, books and games as saying… “The penalties for having too much inventory are greater…

The National Association for the Exchange of Industrial Resources (NAEIR) is a nonprofit 501( c ) (3) organization that has been in existence since 1977. Thousands of companies have donated slow-moving, discontinued or overstocked merchandise since the founding of the organization.When a company donates product to NAEIR they not only clear out their warehouse to…

Donating your excess inventory now may be a very wise move as we approach year end. With the Presidential election taking place November 6th and with many seats in Congress in play, tax legislation will be getting increasing attention. We may not yet know who exactly will be president but we can know with certainty…

Patti Woolsey, New Member Coordinator, Dawn Parton, Customer Service Representative and I attended the Illinois Principals Association 2012 Conference on Monday, October 22nd. This was the one day that exhibitors were in attendance at the Peoria Civic Center as the remaining two days of the conference were devoted to professional development opportunities for an anticipated…