K.I.D.S./Fashion Delivers gives manufacturers and retailers an efficient way to use their excess product to give back to society. Whether you are thinking of donating merchandise for poverty or disaster relief, or if you just can’t find a buyer for excess product, we can help you help people in need.
- 93% of U.S. consumers have a more positive image of a company if it supports a cause
- 90% of Americans are more likely to trust and be loyal to companies that back causes
- 54% of Americans bought a product associated with a cause over the last 12 months, up 170% since 1993
(2013 Cone Communications Social Impact Study)
Depending on a company’s corporate structure the tax benefit of donating excess inventory can be very advantageous, while also making a difference for people in need.
Section 170(e)(3) of the US Internal Revenue code permits regular (C) corporations to deduct the lower of:
1) The cost of the products plus one-half of the difference between the cost and the fair market selling price, or
2) Twice the cost
Section 170(e)(3) of the US Internal Revenue Code permits “S” corporations or a partnership company to earn a straight cost deduction. Consult your tax advisor to determine what the deduction would be in your case.
K.I.D.S./Fashion Delivers takes donations of only new products, but there is no limit to the size of the donations accepted; we can easily find a use for one box of samples or an entire truckload of merchandise. Our network of community partners distributes donated items quickly and directly to those in need; all of our partners are registered as tax exempt 501(c)(3) nonprofits.
Some items are always in demand by our agency partners, including:
- Men’s, women’s and children’s apparel, shoes and accessories
- Home items including sheets, towels and blankets
- Juvenile products such as cribs and strollers