KEY BUSINESS BENEFITS OF PARTNERSHIP

– Sustainability: Food is distributed to hungry people instead of entering a landfill.
– Cost Savings: Reduce storage, dumpster and disposal fees.
– Liability Protection: The national Bill Emerson Good Samaritan Food Donation Act protects donors when they donate product in
   good faith to a 501-C-3 charitable organization like the SAFB.
– Safe Food Handling: Compliance with all SafeServ, OSHA, EPS and GMP regulations and guidelines.
– Receipting: For tracking, recall tax purposes.
– Tax Savings: Potential deduction for donated product.
– Public Recognition and Brand Awareness

DONATION POSSIBILITIES

– Short-coded Products Approaching Expiration Date
– Cosmetic Damage To Product
– Discontinued Products
– Imperfect Packaging
– Inventory Clearance
– Shipping Errors
– Surplus Production
– Produce
– Select Non-Food Items

GOOD FAITH DONOR ACT

Corporations, individuals, partnerships, organizations, and associations do not need to let liability worries prevent them from making donations as long as they donate “without intentional misconduct.” Legal liability is not an issue because of state and federal laws known, respectively, as the “Good Faith Donor Act” and the “Good Samaritan Act”. These laws of the land state that a corporation, which donates apparently wholesome food to a nonprofit organization for distribution to the hungry, is not subject to civil or criminal liability that arises from the condition of the food.

ENHANCED TAX DEDUCTION

Updated tax laws have increased the benefits of donating. This fact sheet summarizes the effects that tax laws have on the treatment, under the Internal Revenue Code, of donations of appreciated ordinary income property when contributed by corporations to charitable organizations. A common example of ordinary income property is property held primarily by the donor for sale to customers in the ordinary course of business. This fact sheet should be used only as a guide. Donors are advised to consult with their tax advisor in applying the appropriate deduction.