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Mission and Programs

Mission

Gifts In Kind International partners with businesses and nonprofits to provide quality products and services that improve lives in communities around the world.

Programs

Gifts In Kind International operates at less than 1 percent of the fair-market value of products donated, making it one of the most cost-effective nonprofits in the world. Gifts In Kind International designs and manages the donation process for manufacturers and retailers. Computers, software, office equipment and supplies, clothing, personal care products, recreational equipment, educational materials, arts and craft supplies, building materials and many other quality products are distributed globally to those in need by Gifts In Kind International and our 450 Gifts In Kind affiliates worldwide.

Leading manufacturers and retailers, including 44 percent of the Fortune 500 companies, rely on Gifts In Kind International's free services to design and manage their product giving programs.

Based on surveying the needs of the nonprofit sector, Gifts In Kind International assists nonprofits with obtaining technology resources. Gifts In Kind offers registered nonprofits access to significantly discounted computer hardware and software, web site development, computer training, telecommunication and office equipment. Recycled computer technology is also available to registered nonprofits through Gifts In Kind International. In addition to providing nonprofits with access to product donations, Gifts In Kind International matches nonprofits with local retail stores willing to directly donate excess inventory.

Program / Activities (NTEE Code)

Human Services - Multipurpose and Other N.E.C.
Other Housing, Shelter N.E.C.
International Relief

Accomplishments for Fiscal Year Ending 12/31/2004

1. Provided nonprofits with access to $819.8 million in product and service donations.
2. Continued to grow our International Programs to include 70 Affiliates in 25 countries, with 27 currently under development.
3. Together with our transportation and logistics partners, we are able to use the best in the logistics field to maximize our distribution systems effectiveness.

1. Increase the volume of critically needed donated products and services to the nonprofit sector.
2. Continue to expand all of global operations in Asia, Africa, Europe, Latin America and the Caribbean.
3. Increase partnerships with high-tech donor and retail companies.

Gifts In Kind tracks its effectiveness by:
(1) growth in value of annual product donations.
(2) growth in numbers of registered nonprofits.
(3) cost-efficiency ratio regarding delivery system.
(4) feedback from annual survey of donors and charities.

Chief Executive Profile

Ricardd Wong became Gifts In Kind International's president and chief executive officer in October 2005.

Most recently, Mr. Wong was the CEO and cofounder of Richmond-based HumaniLink, LLC, a management, technology and fundraising consultancy that leverages advanced communications strategies to improve nonprofits efficiency and accountability. Simultaneously, Mr. Wong founded Strategic Partners Advertising in 1996, an advertising agency that served commercial clients, also based in Richmond.

The son of a humble church minister, Wong emigrated from China to Hong Kong, and later to the U.S., where he received his Bachelor of Science in Economics and Business Administration from Lebanon Valley College, in Annville, Pennsylvania. After twelve years of advertising work on the east coast, Wong was hired by one of his clients, the Christian Childrens Fund in Richmond. As Deputy Director of Development, he was instrumental in raising $500 million and assisted the organization in raising the first $20 million of a $40 million fundraising campaign for an international childrens hospital in Latin America during his five-year tenure.

Mr. Wong found tremendous personal fulfillment in working for nonprofit organizations. Over the course of the last fifteen years, he has helped nonprofit organizations, large or small around the world, realize their vision and reinvent their mission. He applied the business and marketing discipline from the for-profit world to assist nonprofit in board development, design efficient organization infrastructure, achieve financial accountability, and helped raised over $600 million in contributions. His program emphasis has been for children and youth, women empowerment, and affordable medicine in the developing countries.

Additional Comments

In 1999, Gifts In Kind International set four goals, the DECADE DIRECTIONS, to guide its services for nonprofits. Gifts In Kind International is committed to: TECHNOLOGY AND OFFICE PRODUCTS--improve efficiency and effectiveness of the nonprofit sector through the application of technology products, training, office equipment and supplies. COMMUNITY SERVICES--product and service support to charities providing preventative health care, treatment and recovery services, support to the elderly and families, and other health and human services. COMMUNITY REBUILDING--product and service support to charities involved in community revitalization, provision of emergency shelter, low-income housing and emergency relief. YOUTH EDUCATION & SPORTS--product and service support to charities involved in education, mentoring, day care, sports, tutoring and other services benefiting needy people under 18.

Financial Data
From the organization's FORM 990

Revenue and Expenses: Fiscal Year Ending December 31, 2007

Revenue			Expenses
Contributions $385,049,906 Government Grants $0 Program Services $3,265,548 Investments $60,749 Special Events $0 Sales $0 Other $27,607			Program Services $354,645,362 Administration $1,115,874 Other $216,937 Total Expenditures $355,978,173
Total Revenue	$388,403,810		NET GAIN/LOSS	$32,425,637

Balance Sheet: Fiscal Year Ending December 31, 2007

Notes
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Assets	Jan 1, 2007	Dec 31, 2007	Change
Cash & Equivalent	$2,004,996	$777,648	$(1,227,348)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$8,977,080	$22,727,668	$13,750,588
Receivables/Other	$0	$0	$0
Inventories for Sale or Use	$29,352,649	$46,999,203	$17,646,554
Investments/Securities	$0	$0	$0
Investments/Other	$0	$0	$0
Fixed Assets	$43,313	$236,975	$193,662
Other	$23,749	$55,868	$32,119
Total Assets	$40,401,787	$70,797,362	$30,395,575
Liabilities	Jan 1, 2007	Dec 31, 2007	Change
Accounts Payable	$1,810,992	$941,170	$(869,822)
Grants Payable	$556,500	$0	$(556,500)
Deferred Revenue	$891,076	$939,313	$48,237
Loans and Notes	$422,304	$365,009	$(57,295)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$806,749	$212,067	$(594,682)
Total Liabilities	$4,487,621	$2,457,559	$(2,030,062)
FUND BALANCE	$35,914,166	$68,339,803	$32,425,637

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