Business Case Good360 Australia www.about.good360.org www.stand3ftback.com.au Good360 - We connect businesses who have goods with charities who need them Executive Summary We believe you can win 'em all The online marketplace for ‘Product Philanthropy’. At Good360, our mission is to fulfill the needs of nonprofits with corporate product donations. We are driven by a vision that demands constant innovation, leveraging the latest technological and social networking developments to create new and engaging online solutions that strengthen nonprofits and expand corporate citizenship. By: Keeping products from going to landfills and instead, getting a second life with those who need them Creating corporate, nonprofits and environmental “win-win” outcomes for unsold products and excess inventory Helping companies give back to the communities where they live and work Providing product resources that help nonprofits meet their mission Helping individuals increase the impact of cash contributions that help ship donated products to qualified charities • • Stand 3ft Back, an Australian company has reached agreement with the world leaders in ‘Product Philanthropy’ - Good360 - to expand their operating model into Australia and establish Good360 Australia in 2013. Why bring Good360 to Australia? Good360, connects businesses who have goods with charities who need them .We distribute donations easily and efficiently, creating 360 degrees of good– good for companies, good for people, good for charities, and good for the environment. We envision a world where, like recycling, product donation becomes a habit. Good360 has earned a reputation as “one of the top 10 best-managed charities” as ranked by Forbes Magazine and has distributed over $7 billion of donated product to charities in the US. Good360 has invested into the e-commerce platform to be innovators and leaders in this space. It will enable not-for-profits for the first time to source heavily discounted unwanted/excess company product/stock online. Good360 will enhance social media engagement between the company and charity in recognition of the products received, and between companies and government in recognition of contribution to recycling and waste minimization. To celebrate Good360’s 30th year anniversary, Good360 & Stand 3ft Back, are working together to grow product philanthropy internationally and establish Good360 Australia. Good360 aims to take distributions to billions of dollars of donated goods year in, year out and to make a positive impact on people in need not just in the US, but across the globe. We are inviting businesses, government and charities to hear more about the 360 degrees of good and how you can be involved in pioneering product philanthropy in Australia and become a founding member of Good360 Australia. With your help, we will be able to establish Good360 Australia. The Good360 operating model does also require funds. To this end, we are seeking funding to cover the costs of establishing a management team and operating costs. We invite you to join us in the circle of giving, finding a way that you can help us help others. We would be delighted to take the opportunity to discuss this concept further with you. . Alison Covington . Good360 About Good360 (www.about.good360.org)), formerly Gifts In Kind International, is the world’s leading nonprofit in product philanthropy. Quick facts about Good360 International • • • • • • • • • Nonprofit leader in product philanthropy since 1983. Consistently ranked by Forbes as one of the top 10 most efficient charities in America. 2012 CECP Directors’ Award Winner, in partnership with The Home Depot Distributed more than $7 billion in product donations around the globe since inception. Operates at less than 2% of the value of products donated. On average delivers $70 worth of goods for every dollar donated. Handles product distribution for 125 of the Fortune 500. Distributes more than 50 truckloads of product donations monthly in the United States. Serves 30,000+ pre-qualified charities of all shapes, sizes and causes in the Good360 global network. Who's in the Good360 Network Shelters helping those left without a place to live; Hospitals providing long- short-term care for children and adults with illnesses and disabilities; Schools in desperate need of technology, equipment and supplies; Foster care agencies that support the low-income families that have given a child a home; Nonprofits providing transitional housing and other services for people in need who are looking for a new start in life; Organisations helping to rebuild communities devastated by natural disasters; Job training programs for adults with disabilities, new immigrants, and the under-employed; Churches providing day care services to children of single parents; Head Start groups, organisations that help children live up to their full potential; YMCAs caring for the families of low-level military personnel; Environment, Waste Minimisation and Recycling Framing Hope is a partnership between The Home Depot and Good360, Rather than disposing of unsold merchandise, The Home Depot stores donate it to participating nonprofit organizations through Good360. At the end of 2012 Framing Hope reached the milestone of $150 million in product donations. Product donations through Framing Hope have helped The Home Depot avoid an estimated $1,660,257 in landfill disposal costs and up to 9425 garbage trucks of compressed solid waste being diverted from landfills, http://about.good360.org/AboutUs/Product_Giving_Research Corporate Partners The impressive list of generous corporate partners includes HP, IBM, GAP, IKEA, Crayola, JC Penny, Avon, Hallmark, Starbucks, Kimberly- Clark, Hilton, Walmart, The Home Depot, Sears, Bed Bath & Beyond, Mattel, 3M, Adobe, DELL, Disney Store, Estee Lauder, Guess, L’Oreal, Whirlpool, Wrigley, Colgate-Palmolive, Fisher- Price, and Lego. For a full listing, go to: http://about.good360.org/AboutUs/Our_Partners AN EXCITING CONCEPT FOR AUSTRALIA Build efficiencies in the not-for-profit sector by acting as the intermediary that redistributes unwanted/excess stock or inventory from companies to not-for-profits via an online website An efficient solution which diverts usable goods from being wasted and releases huge additional resource where it is needed most Unique/ Innovative – not replicating existing services Enabler for charities (600,000 in Aust) who have been forgotten in the online revolution A simple system to match those that have with those that need Proven, experienced international company, Good360 est. 30 years, will provide IT, IP, training and systems We can act as the Central Agency to manage product donations during disaster relief efforts Our Pro- Bono / In Kind Supporters • Corrs Chambers Westgarth • Deloitte • EPR Careers • Sefiani Communications • Temando • 180 Degrees Consulting Company Environment Charity • • • • • Qualify for Tax Deductions Corporate Social Responsibility (CSR) Employee Engagement Reduce logistics and supply chain costs Develop positive brand awareness • • • • Waste Diversion Zero Waste Initiatives Reverse Logistics program http://about.good360.org/AboutUs/Product_Giving_Researc h • • • • Stretches budget to remain sustainable Source supplies not otherwise affordable Use savings to continue to deliver core services. Spend less time fundraising “We make a living by what we get, we make a life by what we give” Winston Churchill Good360 CEO Cindy Hallberlin says: “For many, there is an untapped strategic opportunity to use product giving to advance the business and have substantial social impact on the communities and causes about which they care deeply. Rarely is there such a win-win between business and social good.” Stand 3ft Back Alison Covington, Director Level 6, 27 Macquarie Place, Sydney NSW 2000 | ph 0419 423 097 www.stand3ftback.com.au alison@stand3ftback.com.au