News
June 23, 2015
Paper House Productions and product philanthropy
Paper House Productions Donates to NAEIR, a gifts-in-kind nonprofit
From greeting cards to scrapbook embellishments, the products that help mark special events are making a mark in the charitable world as well.
For more than 16 years, Paper House Productions has been donating greeting cards, stickers, magnets, wall décor, mouse pads, pet tags and scrapbook embellishments to NAEIR, Inc., a gifts-in-kind organization that connects products from caring companies like Paper House to schools, churches and other 501 (c) (3) nonprofit organizations.
“It’s called product philanthropy,” explained Gary C. Smith, president and CEO of NAEIR (National Association for the Exchange of Industrial Resources), the largest gifts-in-kind nonprofit in the U.S.
NAEIR receives donations of excess inventory from U.S. corporations, and then redistributes them free of charge to member schools, churches and charities. The corporations receive a tax deduction equal to up to twice the products’ cost. The nonprofits pay only shipping and handling costs, plus a modest membership fee.
For companies like Paper House, it’s a smart way to put excess inventory to good use, without discounting or liquidating valuable product.
Paper House products are posted on NAEIR’s website along with other product donations available to member nonprofits. To date, NAEIR has received donations of a variety of goods from more than 8,000 corporations and redistributed more than $3 billion in products to non-profits.
By teaming with NAEIR, Paper House Productions can make sure their slogan “where imagination takes shape” truly applies to everyone.