Download the brochure
Research has shown that more than half of all charitable contributions by companies are in the form of merchandise not cash.
Ormita can turn those excess inventories, space or hours into a full tax deduction (at retail market value) to help improve your bottom line.
Charities that help the less fortunate find it hard at times to get donations from businesses and when they do get donations it is just not enough. When a business makes a donation to a charity it comes out of their profit margins and yet is a tax deduction and creates goodwill and PR.
Ormita solves the problem of not being able to give more to a charity because there is a limited amount of cash to give.
Because of logistical reasons many charities do not accept in-kind donations.
Ormita makes it possible for you to donate goods or services that otherwise would not have been accepted by your favourite charity.
There is little tax benefit received from donating time based services.
Ormita provides a mechanism to donate your unsold time or space whilst creating a positive effect on your balance sheet.
Liquidating can often result in just cents on the dollar, and sometimes the liquidator can be slow in making a payment. Your products may also end up in cut-rate discount houses, hurting your product’s image and affecting your future marketing efforts.
Ormita takes your product off-market and ensures you retain product and brand integrity while providing you with valuable brand name support and aligning your business with charitable activities in a way which has a positive effect on your cash-flow.
Ormita enables companies to link their product or brand with a particular cause and, in doing so, generate greater revenues – all without the need for cash.