As of today, Storehouse WV has provided products to over 200 organizations touching West Virginians in at least 31 counties and we have given away in excess of $1.5 million worth of product. We have been able to touch every segment of society through the many groups and programs with whom we work, such as: foster care programs, day cares, special needs programs, gang intervention groups, food pantries, prison ministries, head start programs, homeless shelters, churches, after school programs, building programs, Girl Scouts, community centers, American Cancer Society, 4-H Foundation, low income housing resident associations, AmeriCorps and Vista programs. Through these groups we have reached thousands of our fellow West Virginians and helped to improve their situation, in many different ways.

Product donations continue to arrive from multiple sources and we are always on the look out for additional new consumer goods. If you own or work at a manufacturer or retailer who has excess inventory please consider working with Storehouse WV. Beyond the intrinsic value of improving the lives of others here in West Virginia, there are financial benefits available to your company for helping those in need. Normally a donor may deduct the full fair market value (FMV) of a gift to a public charity but to encourage corporations to make donations of food, medicine, clothing, supplies, etc., to charities that serve the needy, the ill, or minor children, a special rule effectively doubles the maximum available tax benefit by providing a deduction of up to twice the donor’s basis in the property. The Internal Revenue Code for this special benefit is described in Section 170(e)(3). Donations to Storehouse West Virginia^TM may allow you to claim this credit and we would be happy to supply you with more information on this benefit.

Storehouse WV has also received help from some great West Virginia companies. Jefferd’s Corporation has supplied us with a Fork Lift, which has effectively doubled our storage space. Also, Aaron’s Products has graciously provided BiWV with a copier. Additionally, we have received help, when needed, from Bosley Rental and Supply and MH Equipment. We are very grateful for their help.

The plan for our next area of expansion is to purchase a 24’ box truck, which will allow us to deliver items to remote areas of the state and to pick up donated items. Please see the related article in this newsletter for more information about this exciting development.

If you are aware of churches or non-profit organizations that could benefit from the items in the Storehouse please have them contact John deBlecourt. Thanks to all the organizations who have partnered with us to meet the needs of West Virginians.