Product Philanthropy Australia

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NOT FOR PROFIT PRODUCT PHILANTHROPY MODEL

Transcript of Product Philanthropy Australia

Page 1: Product Philanthropy Australia

NOT FOR PROFIT PRODUCT PHILANTHROPY

MODEL

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The Problem we are solving is

Product Philanthropy is a global trend but an almost unknown term in Australia we are going to disrupt the market and establish the concept of product philanthropy in Australia.

We will create a online website (not for profit) that allows companies to donate excess stock to charities

Charities, just like consumers will be able to embrace the online revolution and source product online, donated product!

You will be left wondering why this hasn’t happened yet, it is a no brainer!

Excess stock often ends up as waste in landfill.

Charities spend considerable resources fundraising for the purchase of goods, or requesting product donations, rather than focusing on their core concerns.

There is often a disconnect between those that have and are willing to give and those that need because there is not currently a platform that matches needs and donors simply, effectively and efficiently.

Australia lacks an organised, efficient product philanthropy platform.

Excess stock + Donate to Charity = Product Philanthropy

Why ?

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Our Solution Extend the internationally successful product philanthropy concept of Good 360 (USA) and In

Kind Direct (UK) into Australia by use of their IP and expertise.

Take excess non-food goods from companies and re-distribute them to charities via a web-based sourcing portal . Goods which may otherwise have ended up as waste or landfill are directed to those in need of them.

Corporations meet social responsibility goals and contribute to environmental objectives while freeing up charities to concentrate on their core concerns.

Corporations also benefit from the tax advantages of donating excess inventory and the cost-savings enjoyed from freeing up warehouse space and reverse logistics

Making goods available through a web portal brings online sourcing to charities- a technology enabler for NFP’s, revolutionising the way charities are able to secure the products required to operate.

If you consider eBay links those who have to those who want, a product philanthropy platform links those who have to those who need.

Carly Fiorina (former CEO of Hewlett Packard) chair of Good360'sBoard of Directors...shares a message about product philanthropy

Please click image

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o The nonprofit leader in product philanthropy since 1983 (formerly known as Gifts In Kind International.)

o Extensive network of more than 30,000 well vetted charitable organizations.

o Ranked by Forbes Magazine as one of the top 10 most efficiently-run nonprofits (operates at less than 1.8% of the value of products donated).

About Good360

o Has distributed more than $7 billion in product donations since inception.

o Handles product distribution globally, including logistics and warehousing, for hundreds of Fortune 500 corporations.

Recognized by:

Please click image

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Good360 partners

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About In Kind Direct In Kind Direct is a charity founded in 1996 by HRH The Prince of Wales to provide an efficient and easy way for manufacturers and retailers to donate their products to good causes.

£130 million in value of products distributed

Over 5,500 UK charities working at home and abroad have benefited

850 different companies have donated

“Year after year, In Kind Direct delivers real benefits to hard-pressed communities, to business and to the environment”

HRH The Prince of Wales

 Please click image

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In Kind Direct Partners

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Stand 3ft Back Team Stand 3ft Back brings together experienced professionals who share a

passion for philanthropy and a united approach to solution-focused problem-solving.

Socially conscious innovators, the Stand 3ft Back team have been

providing consulting and professional services for businesses of all sizes and diverse range of industries for over 15 years.

The driving force behind our team is our vision and commitment to philanthropic projects, coupled with our genuine desire to make the world a better place.

The Stand 3ft Back team maintains strong networks with government, politicians, agencies and the media to strengthen our ability to achieve positive outcomes for the projects we work on.

Working at Stand 3ft Back, is not just a job – we are passionate about the projects we accept. Our success is directly attributed to the talent, experience and diversity of our team.

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Progress to date Reached agreement with Good360, the world leaders in

product philanthropy to utilise their IP and extend their product philanthropy concept to Australia.

Dialogue with In Kind Direct, HRH Prince Charles’ charity, who work closely with Good360, to also leverage their expertise and experience.

Through both these organisations we have commitment to establish a product philanthropy charity In Australia using their IP and leveraging their expertise.

Stand 3ft Back will provide the local resources to manage and implement the project.

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Manufacturers and retailers – we will outline the benefits to participate including:

High Impact - help thousands of charities through one single point of contact

•Brand protection – closed network of vetted charities, products cannot be sold, bartered or traded

•Clear any quantity and type of stock - save on disposal, storage and avoid landfill

•Tax Advantages & Inventory Solutions – save on the cost of storage and reverse logistics

•Disaster Recovery – help communities in desperate need of items for emergency/recovery/rebuilding

•Shareholder Value – improve bottom-line

Charities - In Australia, Not For Profits (NFP) is the 3rd largest sector

•600,000 - The number of Not for Profit (NFP) Organisations in Australia

•440,000 - Of these are small, unincorporated organisations

•58,779 - The number of NFPs that have are ‘economically significant’ according to the ABS

•24,531 - The number of organisations with Deductible Gift Recipient (DGR) status or DGR endorsed funds as of January, 2010*Source: Pro Bono Australia

Our Target Market – connecting those that have with those that need

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This illustration shows the procurement cycle as demonstrated

by the world leaders in product philanthropy Good360

Marketplace No online system

currently exists in Australia provide a platform for non-food product philanthropy.

Existing organisations in this space provide specialised products, e.g. Oz Harvest (perishable foods) Foodbank (non perishable food) Donortec (software). We would seek to collaborate with them. Win - Win

Our goal is to grow product philanthropy in Australia and we see this as a non-competitive space. After all, our common mission is to help Australians in need.

Our vision is philanthropy – Goods for the Greater Good - not competitive behaviour.

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Operating Model (NFP)

•Goods are donated by company and are delivered to a warehouse then reworked into appropriate picking units

•Charities apply to join the network (for free) to gain access to our online catalogue .

•Thorough vetting and monitoring process for all charities.

•Handling charge payable by charities on products ordered

•Products are delivered direct to charities’ doors

•The operating and funding models are based on the format of the USA/UK models. Consideration has already been given to other options and will be fully developed in the initial phase stage.

Funding Model

75% Handling Charges

20% Corporate Donations

5% Individual Donations

BUSINESS MODEL

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HOW CAN YOU HELP?

Companies Donate excess inventory, claim tax breaks, save on the cost of storage and

reverse logistics and waste diversion

(product philanthropy)

Freight, Warehouse & Logistic PartnersProvide an essential

connection between the extensive network of pre-qualified charities and our

generous donorsNonprofits/CharitiesVetted NFP are the big

winners you will have easy access to all this excess stock

via an online website

If you consider eBay links those who have to those who

wantProduct Philantropy links

those who have to those that need

Media / PR PartnersRarely is there such a win-win between business and social

good. The heart warming stories that come from the

enormous amount of product that is donated to those in need are worth sharing. We invite you to join the circle

and share these stories

Advisors &Professionals

Stand 3ft Back is providing local resources to establish this charity in Australia. We are accepting expressions

of interests from professionals to join us in the circle of giving, finding a way that you can help us

help others

Funding via Investors,

Philanthropists, Govt. Grants, Corporate &

Individual Donations. By pioneering product

philanthropy in Australia you can join with us and play a role in making Australia a better place for those less

fortunate

WE INVITE YOU TO JOIN OUR CIRCLE OF GIVING

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We are seeking - PioneersBy pioneering product philanthropy in Australia. Our organisation will provide the system and structure to make this a reality in Australia.

With your help we can take all excess inventory and put it into the hands of charities in Australia, so that they may then put it into the hands of those most in need.

Supporting a product philanthropy platform will not only be supporting a charity based on one of the most efficient operating charities models but it also supports giving to many charities making your donated dollar go further

Can’t figure out where to give, with product philanthropy, you don’t have to choose, click this image to see why

If you need further convincing watch this videohttp://www.youtube.com/watch?v=fW8amMCVAJQ

and be part of a unique movement and the first to come dance with us

We are currently forming our leadership board and seeking seed funding if you share our vision and believe you are a ‘Pioneer’ we would be interested to speak with you to see if our visions aligns

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Summary Imagine a world where all excess inventory was diverted from

destruction, being dumped in landfill or being liquidated for cents of the dollar.

Instead imagine that excess inventory being turned into donated goods for the greater good.

Through leveraging Good360 and Gifts in Kind’s expertise and experience, and the sophisticated IP developed by Magento, Stand 3ft Back aims to establish a platform that connects donors in Australia with the charities that would benefit from taking their excess inventory. A true win-win for the greater good.

We need corporate businesses and philanthropist to assist with costs associated with establishing a team to complete operational field studies and develop business plans and models.

We invite you to join us in the circle of giving and pioneer product philanthropy in Australia. It is a way that you can help others make effective, efficient product philanthropy a reality in Australia

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Contact

Alison CovingtonDirector0419 423 [email protected]

Level 6, Kyle House27 Macquarie PlaceSydney NSW 2000