WHY DONATE PRODUCT
Fashion Delivers is the charitable heart of the industry, giving manufacturers and retailers an efficient way to use their products 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, Fashion Delivers can help you help people in need. Our growing network of local agencies serve a wide range of people in need and are registered as tax exempt 501(c)(3) nonprofits. They distribute donated items quickly and directly to those who need them most.
The donation process is simple. Just submit a donation form and we will contact you to coordinate a pick-up. Any questions? Please call or email Carolyn Pride at 646-786-2684 or email@example.com.
BENEFITS of DONATING
Align your brand
or company with
a good cause
Receive tax breaks
for your donations*
for excess inventory
leaders and press
Consumers favor companies that give back.
88% think that companies should try to accomplish their business goals while still trying to improve society.
79% said that a company matching donations would make them likely to participate in a cause program.
71% would like companies to increase advertising to inform consumers about community support.
(DoWellDoGood.net, September 2010)
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. You have the ability to take a tax deduction which, in some instances, can be greater than the value of the actual merchandise!
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.