The economy is slowly beginning to recover but many people are remaining cautious in their spending habits, choosing to hold on to older items longer than usual and treating new items with better care. Bargain shopping is at an all time high which may not be welcome news for large retail stores however, its great news for Goodwill Industries®.
Goodwill® in Washington, D.C. has seen such a steady increase in revenue and customers that it has decided to open a new store in the metropolitan area. Spendthrifts aren’t limited to clothes and other household items; people are looking to save money in every way possible including donating their cars.
Many people donate a car after they get a new car or decide the old one is no longer worth the repairs or they may just simply not be able to do it themselves. Those donated cars make there way to families in need of a reliable mode or transportation, people interested in fixing up a classic and those looking for a decent car at a discounted price. Donated cars that can’t be resold are recycled where the parts are put to good use and the proceeds go to Goodwill®.
Goodwill® uses the funds from car donations to create and expand programs geared toward helping the disabled and disadvantaged gain knowledge and skills that will help them become competitive members of the workforce. Goodwill ®also has programs aimed at giving people financial advice. These programs teach people to become financially informed leading them to make better decisions that will hopefully lead them to financial independence. People who don’t otherwise have access to these services depend on charities like Goodwill® for assistance. In order to be able to continue to offer these programs Goodwill® depends on the proceeds of car and other donations to sustain them.
