It’s Outta Here

For example, items carried on your books at a cost of $100 that have an established fair market value of $200 can be donated and a deduction of $150 can be taken, according to NAEIR officials, who recommend that donors consult with their tax advisors for further details.

NAEIR, based in Galesburg, IL, is a membership organization that collects and redistributes donated surplus merchandise. Schools and nonprofit groups, which pay a membership fee to participate in the service, must agree to use the merchandise for the care of the ill, needy or minors. Members cannot sell, barter or trade the donated items, so there should be no chance you’ll later see your branded gear in an outlet store’s window.