Skip to content

Donating Inventory May Be Better for Business

How does a business quickly take care of its excess inventory problem, take an up-to twice-cost federal income tax deduction, and do it without going through liquidation? One solution is donating products to the U.S. non-profit National Association for the Exchange of Industrial Resources.

A business first contacts NAEIR ( and gets approval on its donation. “Upon approval you just send us all your underperforming SKUs, discontinued models, seconds, buybacks, returns, and any excess inventory you need to eliminate,” explains President/CEO Gary Smith. “Then from our massive warehouse in Galesburg, Illinois, we will carefully control the distribution of your goods to worthy, pre-screened schools and nonprofits nationwide.”

Appliance OEMs like Salton are making use of NAEIR. Association literature says that using NAEIR fits with Salton’s philosophy of “helping deserving causes while taking care of business.” Salton VP of Sales Keith Hamden says the tax deduction they get from a NAEIR donation is a better value than going through liquidators to eliminate excess inventory.

In the second quarter of 2009 NAEIR received several donations from the appliance industry, including Wahl clippers from Spectrum Brands and health care products from personal care appliances producer Kaz, Inc.

Posted in Appliance, Industry association.

16 Responses

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

  1. Domki Jarosławiec says

    I think this is among the most important information for me.
    And i’m glad reading your article. But wanna remark on few general things, The web
    site style is ideal, the articles is really nice : D.
    Good job, cheers

  2. Apartamenty w Juracie says

    I hardly comment, but i did a few searching and wound up here Donating Inventory May Be Better for Business
    - APPLIANCE Talk. And I do have a couple of questions for you if it’s allright.
    Is it simply me or does it look like a few of the remarks appear like left
    by brain dead individuals? :-P And, if you are posting on other social sites,
    I’d like to keep up with everything new you
    have to post. Would you list of the complete urls of
    all your social sites like your linkedin profile, Facebook page or twitter feed?

  3. Skrzyniopaleta plastikowa says

    Hiya! Quick question that’s totally off topic. Do you know
    how to make your site mobile friendly? My web site looks weird when browsing from my iphone4.
    I’m trying to find a template or plugin that might be able to correct this problem.
    If you have any recommendations, please share.
    Many thanks!

  4. Fach-Pak skrzyniopalety says

    excellent publish, very informative. I ponder why the opposite experts
    of this sector do not understand this. You
    should proceed your writing. I am confident, you’ve a great readers’ base already!

  5. Skrzyniopalety says

    Admiring the persistence you put into your blog and in depth information you provide.
    It’s great to come across a blog every once in a while that isn’t the same outdated rehashed information. Fantastic read!
    I’ve bookmarked your site and I’m including
    your RSS feeds to my Google account.

  6. Skrzyniopalety plastikowe says

    Thank you a bunch for sharing this with all people you
    actually recognise what you’re talking approximately!
    Bookmarked. Please also seek advice from
    my web site =). We may have a link exchange arrangement among

  7. Palety ażurowe says

    Thanks for ones marvelous posting! I certainly enjoyed
    reading it, you might be a great author.

    I will be sure to bookmark your blog and definitely will come back sometime soon. I want to encourage you to ultimately continue your great posts, have a nice weekend!

  8. Zbiorniki przemysłowe Fach Pak says

    This is the right blog for everyone who would like to understand this
    topic. You understand so much its almost hard to argue with you (not that I personally will need to…HaHa).
    You definitely put a fresh spin on a topic which has been written about for decades.
    Wonderful stuff, just excellent!

  9. Zbiorniki przemysłowe says

    You are so interesting! I do not believe I’ve truly read through anything like this before.

    So great to discover another person with original thoughts on this issue.
    Really.. many thanks for starting this up. This web site is one
    thing that’s needed on the internet, someone with a bit of

  10. Zbiornik przemysłowy says

    Please let me know if you’re looking for a writer for
    your site. You have some really good articles and I feel I would be a good asset.

    If you ever want to take some of the load off, I’d love to write some content for your blog in exchange for a link back to
    mine. Please shoot me an email if interested.

  11. Jastrzębia Góra domek says

    I know this if off topic but I’m looking into starting my own weblog
    and was wondering what all is needed to get setup?

    I’m assuming having a blog like yours would cost a pretty
    penny? I’m not very web smart so I’m not 100% positive.
    Any recommendations or advice would be greatly appreciated.
    Thank you

  12. Chłapowo pokoje says

    I got this web site from my buddy who told me on the
    topic of this web page and at the moment this time I am browsing this website and reading very informative articles or
    reviews at this time.

  13. Zespół na wesele Szczecin says

    My family members all the time say that I am killing my time here at net, except
    I know I am getting familiarity every day
    by reading thes fastidious articles or reviews.

  14. Fach-Pak Pojemniki na mięso says

    I like the helpful information you provide in your articles.
    I’ll bookmark your blog and check again here frequently.
    I am quite sure I will learn a lot of new stuff right here!
    Good luck for the next!

  15. Fach-Pak Pojemniki do ryb says

    I’m no longer certain where you are getting your information, but great topic.
    I must spend some time finding out much more or working out more.
    Thanks for wonderful info I was looking for this
    info for my mission.

  16. Busana Muslim Terbaru says

    If some one desires expert view concerning blogging and site-building after that i recommend him/her to pay a quick visit this website, Keep up the pleasant work.

Some HTML is OK

or, reply to this post via trackback.