Passback
Creating a circular economy for sports gear and textiles so every kid can play.
The Problem: Linear Economy for Sports Gear
Millions of kids do not have access to equal play, yet sports clubs, schools, retailers, and manufacturers accumulate excess gear (most of which is plastic/metal), leading to cluttered storage spaces, increased overhead costs, & wasted potential for (re)use.
The Solution: Circular Economy for Sports Gear
Passback manages the reverse logistics process, collecting and refurbishing surplus gear and redistributing it at a fraction of the cost, creating value for stakeholders across the supply chain.
Support Passback with a tax-advantaged gift in minutes!
- Avoid capital gains tax* and deduct the current value of stocks, ETFs or mutual funds held more than one year
- Amplify your generosity with a pre-tax gift: nonprofit keeps the proceeds that would have been paid in taxes
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This is information, not financial advice. Please consult with a tax professional. *
Capital Gains Tax and NII Tax rates range from 18.8% - 37.1%, depending on your income and locality.
Disclosures:
- DonateStock is legally authorized to process gifts of securities and crypto for Passback. Unless the donor requests anonymity, their information and gift details are provided to Passback when the gift is initiated.
- In most cases, donations are processed through our 501(c)(3) Donatestock Charitable, Inc. Gifts are converted to cash and the proceeds are distributed to the recipient within 1 or 2 weeks, depending on the plan they chose.
- There is no cost to donors or financial advisors. The nonprofit beneficiary pays a modest transaction fee for making non-cash giving easy for donors and the nonprofit’s team.
- Please contact us if you have any questions.