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Goodwill Industries of North Georgia Selects Charitable Asset Conversion As Partner In Relocation to New Facilities

Atlanta facility's assets to be sold at auction on September 16.

(EMAILWIRE.COM, September 07, 2006 ) Atlanta, GA -- Goodwill Industries of North Georgia has contracted Charitable Asset Conversion, LLC (CAC) to facilitate the liquidation and sale of used assets and contents at the charity’s Glenwood Avenue facility in Atlanta. CAC plans to sell the assets at auction to take place on September 16. The assets will include used office furniture and workstations, retail store shelving, and warehouse operational equipment.

Goodwill Industries of North Georgia will be relocating its Career Services division to the Avondale Crossings shopping plaza, located in Columbia Drive and its Support Services departments to a leased space in downtown Atlanta. Items for sale in the auction will include assets made available by the relocation and operational equipment used in the warehouse.

Richard Combs, Vice President of Finance & IT for Goodwill Industries of North Georgia says, “CAC’s process and flexibility will help us recover some of the expenses associated with our relocation. We couldn’t be happier with the arrangement.”

“We at CAC know how difficult it can be to find a market for used specialized assets. We make that our business, so you can continue on with yours,” commented John Lippert of CAC Atlanta.

Auction details are on CAC’s website, www.cacdonate.com. The auction will be open to the public and inspection times to view the items for sale will be September 15th.

CAC works with corporations and charitable organizations to convert donated “gifts-in-kind” (GIK) into cash for the benefit of the charity. GIK are defined as any non-cash donation, usually fixed assets that may or may not have been totally depreciated. For more information about the items up for bid please visit www.weaci.com.

Contact:

CAC – Charitable Asset Conversion
John Lippert, EVP Sales & Operations, 678-315-5695
jlippert@cacdonate.com

About Goodwill Industries of North Georgia
The mission of Goodwill Industries of North Georgia is to put people to work. We have been providing services in the region for more than 80 years. In 2005, we provided job training and employment services to 10,076 people and helped 2,483 people start new businesses or connect with jobs. Our organization currently operates 19 stores and nearly 30 attended donation centers. Revenues generated from Goodwill’s retail program help fund our job training and placement programs. Last year, we served nearly one million donors. For more information visit www.ging.org.


About CAC
Charitable Asset Conversion LLC specializes in working with charities and their corporate benefactors to facilitate the process of accepting unused corporate assets and converting them into cash for the benefit of respective charities. CAC assists corporations and charities throughout the process of donating and converting “gifts-in-kind” (GIK). Corporations that CAC profiles for GIK donation primarily consist of companies with large, annual Capital investments and IT expenditures, multiple locations, and revenues of over $200 million. CAC has offices and operations in Atlanta, Boston, and San Diego. For more information visit http://www.cacdonate.com.

Published by ASMarketingCenter.com a division of http://www.auctionservices.com and the http://www.nationalauctionlist.com.

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Contact Information:
Charitable Asset Conversion
John Lippert
Tel:
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