03 May PRESS RELEASE: Good360 Receives One Million Dollar Grant from Walmart to Expand Capabilities and Provide Needed Goods Across the United States
Alexandria, VA, May 1, 2019 — Good360, the global leader in product philanthropy and purposeful giving, announced today that Walmart has donated a one million dollar grant to help build additional capabilities and increase the organization’s footprint of giving. The grant from Walmart will help Good360 achieve the major milestone of $10 billion in total goods distributed to those in need.
With more than 40 million Americans living below the poverty line, and 7.6 million among the working poor, a dire need exists for donated goods that supply basic necessities.
“There’s a large gap between the resources nonprofits have and the needs of the people and communities they serve, and the generous grant from Walmart will help our organization bridge that gap,” said Howard Sherman, CEO of Good360. “This money will have a ripple effect among our nonprofit partners because it allows us to improve the supply chain of donated goods, and in doing so, the nonprofits receiving these goods will have more money to invest in their own programs and services.”
Since its inception 35 years ago, Good360 has created its “Circle of Good”, helping companies resolve the business challenge of responsibly distributing excess goods for maximum impact and in doing so, helping their nonprofit partners deliver on their own important missions. Individuals facing challenging life circumstances get the goods they need, generating hope, and products are given a new life, reducing waste and helping build resilient communities for the future.
“The Good 360 model connects donated goods with agencies serving people who are in need,” said Karrie Denniston, senior director of strategic initiatives for Walmart. “Not only does this benefit the families and communities who are able to access these products, it also helps keep usable items from ending up as waste.”
To learn more about becoming a Good360 corporate partner, visit https://good360.org/corporate/.
Good360’s mission is to transform lives by providing hope, dignity, and a sense of renewed possibility to individuals, families, and communities impacted by disasters or other challenging life circumstances who, without us, would struggle to find that hope. As the global leader in product philanthropy and purposeful giving, we partner with socially responsible companies to source highly needed goods and distribute them through our network of diverse nonprofits that support people in need. Good360 has distributed more than $9 billion in donated goods around the world, helping its network of more than 75,000 prequalified nonprofits strengthen communities and improve the lives of millions. Good360 is a registered 501(c)(3) organization. Learn more at https://www.good360.org.