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What is Goodwill Industries International, Inc. mean?
Goodwill Industries International Inc., or shortened to Goodwill (stylized as goodwill), is an American nonprofit 501(c)(3) organization that provides job training, employment placement services, and other community-based programs for people who have barriers to their employment. Goodwill Industries also hires veterans and individuals who lack either education, job experience or face employment challenges. Goodwill is funded by a massive network of retail thrift stores which operate as nonprofits as well.
Goodwill operates as a network of independent, community-based organizations in South Korea, Venezuela, Brazil, Mexico, Panama, Uruguay, the United States, Canada, and eight other countries, with 156 local Goodwills in the United States and Canada. It slowly expanded from its founding in 1902 and was first called Goodwill in 1915.
In fiscal year 2018, Goodwill organizations generated a total of $6.1 billion in revenue, of which $5.27 billion was spent on charitable services, and $646 million was spent on salaries and other operating expenses. Services constituted 89 percent of expenses. In 2015, the group served more than 37 million people, with more than 312,000 people placed into employment.
Goodwill's logo is a stylized letter g, resembling a smiling face. It was designed by Joseph Selame in 1968.
Currently, there are two public faces of Goodwill. Organization expert Lorie Marrero is the face of the Donate Movement, which began in 2010. ABC correspondent Evette Rios partnered with Goodwill in 2012 to help appeal to the Latin American market. The then President and CEO of Goodwill Jim Gibbons, received a total reported compensation of $712,202 in 2015. Form 990 filed by Goodwill Industries listed the 2017 salary of CEO James Gibbons as $598,300 with additional compensation of $118,927. Gibbons was replaced by Steven C. Preston as President & CEO in January 2019.
referenceFull Form | Category |
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G III Apparel Group, Inc. | Business |
Goodwill Industries International, Inc. | Community |
Graham International Implant Institute | International |
Posted on 28 Oct 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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