From Wikipedia, the free encyclopedia Gifts in kind
Gifts in kind
Gifts in kind (GIK) is a kind of charitable giving in which, GIK has several advantages over monetary giving:
instead of giving money to buy needed goods and ser- • Donated goods are much less susceptible to
vices, the goods and services themselves are given. The becoming graft.
motivations for GIK vary, but include: • The goods themselves would otherwise often end up
• -- Many donated goods are either second hand or as landfill. GIK provides a means, particularly for
otherwise surplus. If not donated to people who need corporations, of doing social good with things that
them, they might otherwise end up in a landfill. would otherwise be a liability.
• -- During disasters and other humanitarian crises, In the last few years, a great deal of attention has been
companies and individuals often want to help. Giving given in the humanitarian community to GIK. Organi-
goods that are already at hand is more cost effective sations like Gifts In Kind International and GlobalHand
for the donor than giving money to buy these same have been established to help people who have things to
goods. donate find qualified recipients who need them.
• -- Helping with longer term development in
impoverished or otherwise distressed areas is a high
priority for governments and large NGOs. GIK can be
See also
a significant component of a larger humanitarian • Corporate social responsibility
development strategy. • Gifts In Kind International
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Categories:
• Giving
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