Gifts In Kind International
Encyclopedia
Gifts In Kind International is a 501(c)(3) charitable organization
; its mission is to link donor resources to enhance, empower and restore communities and people in need
. It is based in Alexandria, Virginia
.
, according to the Chronicle of Philanthropy. The organization generated and placed nearly $900 million in urgently needed new product donations in 2006. Good360 receives donations from thousands of large and small companies, including Fortune 100 technology, retail and consumer corporations. Good360 distributes these donations to more than 22,000 community charities across the United States and throughout the world that are improving the lives of millions of people.
Good360 is acknowledged as one of the most cost-efficient charities by Forbes
magazine. In 2006 it operated on 0.3 percent of the fair market value
of its donations - meaning 99.7 percent of all donations went directly to communities and people in need.
Charity Navigator
, a leading independent charity evaluator, gave Gifts In Kind International a four-star rating (the highest grade possible) for the sixth-consecutive year — - less than 1 percent of charities who are considered for this rating achieve this status. "This ‘exceptional’ rating from Charity Navigator differentiates Gifts In Kind International from its peers and proves that it’s worthy of the public’s trust," stated the charity watchdog group.
Charitable organization
A charitable organization is a type of non-profit organization . It differs from other types of NPOs in that it centers on philanthropic goals A charitable organization is a type of non-profit organization (NPO). It differs from other types of NPOs in that it centers on philanthropic goals A...
; its mission is to link donor resources to enhance, empower and restore communities and people in need
Poverty
Poverty is the lack of a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live...
. It is based in Alexandria, Virginia
Alexandria, Virginia
Alexandria is an independent city in the Commonwealth of Virginia. As of 2009, the city had a total population of 139,966. Located along the Western bank of the Potomac River, Alexandria is approximately six miles south of downtown Washington, D.C.Like the rest of northern Virginia, as well as...
.
Organization
Gifts In Kind, now known as Good360, is the fifty-second largest charity in AmericaUnited States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, according to the Chronicle of Philanthropy. The organization generated and placed nearly $900 million in urgently needed new product donations in 2006. Good360 receives donations from thousands of large and small companies, including Fortune 100 technology, retail and consumer corporations. Good360 distributes these donations to more than 22,000 community charities across the United States and throughout the world that are improving the lives of millions of people.
Good360 is acknowledged as one of the most cost-efficient charities by Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
magazine. In 2006 it operated on 0.3 percent of the fair market value
Fair market value
Fair market value is an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market. An estimate of fair market value may be founded either on precedent or...
of its donations - meaning 99.7 percent of all donations went directly to communities and people in need.
Charity Navigator
Charity Navigator
Charity Navigator is an independent, non-profit organization that evaluates American charities. Its stated goal is "to advance a more efficient and responsive philanthropic marketplace by evaluating the financial health of America's largest charities."-About:...
, a leading independent charity evaluator, gave Gifts In Kind International a four-star rating (the highest grade possible) for the sixth-consecutive year — - less than 1 percent of charities who are considered for this rating achieve this status. "This ‘exceptional’ rating from Charity Navigator differentiates Gifts In Kind International from its peers and proves that it’s worthy of the public’s trust," stated the charity watchdog group.