By donating that excess merchandise to charity, your company can earn a federal income tax deduction under Section 170(e)(3) of the United States Internal Revenue Code.
Non-moving inventory can consume a disproportionate amount of money, time and effort to clear it. Donate your stagnant merchandise and skip the expenses that arise from insurance, utilities, labor and shrinkage.
This good deed can translate into good will for your business. Improve employee awareness and involvement while simultaneously bolstering community relations through donations of material and equipment.
The ReStore receives hundreds of donations every month from local businesses, big and small. Recent donations from the businesses listed below have provided products or services which have resulted in significant revenue for our ReStore and Morris Habitat for Humanity. We are grateful for the continuing support of these companies. The Metropolitan Builders & Contractors Association of New Jersey encourages its members to help out, and this quarter we thank Mill Creek Residential Trust LLC for their generosity.
|Allstate Flooring Distributors LP||Donated flooring|
|Ashley HomeStore||Donated cabinets, vanities & furniture|
|Capitol Lighting (East Hanover)||Donated lighting|
|Dancker||Donated leather rolling chairs & office furniture|
|Drew University||Donated tables & chairs|
|Econo-Courier||Donated unclaimed freight of flooring and tile|
|Hampton Inn (Denville)||Donated furniture|
|Lowe’s||Donated bathroom vanity, cabinets & 50 doors|
|Masda Corporation||Donated 40 new kitchen cabinets & a fireplace mantel|
|Mediterranean Tile||Donated 8 pallets of tile|
|Metropolitan Exposition Services (acquired by Freeman)||Donated office chairs, file cabinets, credenzas and bookcases|
|Mill Creek Residential Trust LLC||Donated 2 truckloads of new kitchen cabinets|
|Remmey Antiques & Fine Art||Arranged multiple furniture donations|
|Ricciardi Brothers (Edison)||Donated 400 gallons of paint|
|Rockaway Cabinets||Donated 5 kitchen displays|
|Sears Home Improvement (East Hanover)||Donated windows, kitchen cabinets and vanities|
|Seifer Kitchen Design Center||Donated cabinets, vanities, sinks, counter tops & molding|
|Shehadi Commercial Flooring||Donated flooring|
|Staples (Randolph)||Donated wooden desk and 8 chairs|
|Township of Long Hill||Donated kitchen & bath cabinets from 2 homes|
|Valeant Pharmaceuticals International, Inc.||Donated rolling chairs & office furniture|
|Wilcox-Slidders, Inc.||Donated grinding wheels & 30 cases of spray paint|