How FoodFull Works
A Guide for Restaurants & Grocery Stores
Up to 15% of total business revenue can be matched per year through donations and be completely written off replacing inventory loss with savings. So a company which earns $2 million dollars a year, can save up to $500,000 each year through donations via FoodFull programs. Taking advantage of such programs allows companies to reduce payments in taxes. Small businesses now have more money in their pockets to pay employees more or add additional features. Cutting waste cuts company costs.
While cutting costs and cutting waste helps your company, it also helps to be a part of the thousands of meals FoodFull provides each month to people in need. Individuals afflicted by hunger look for their next bite to eat before ever looking for a job. With the food provided by restaurants, grocers, food trucks, and more; we are able to provide help to our brothers and sisters with resources already at our disposal1
1. Download FoodFull
2. List your stores foods & their prices they sell for in store
3. Place Order for amount to be picked up by nonprofit
We work exclusively with verified 501(c)(3) Non Profits to make sure the food is utilized as a charitable contribution.
We send out reports of food contributions of your store highlighting the amount you were able to provide and the value of the food for your records.
Your deduction is the lesser of:
a. your tax basis for the donated food (generally, your cost) plus one‐half
of the profit margin (fair market value minus the tax basis), or
b. twice your tax basis.
Fair market value is your normal selling price—what you charge for food of
the same type and quality. The food must be “apparently wholesome.
Donors are protected by numerous national and state legislative bills created solely to protects donors. This includes the Bill Emerson Good Samaritan Act, exempts donors from potential liability or damages related to the donation of perishable foods.
Further legislation including The Food Donation Act of 2017 legislation protects donors. For more information, visit our page Food Donation Protection For Your Business.
To create an account with FoodFull, download FoodFull from the iOS App Store or Google Play Store. In order to get your business connected and set up an account, connect with us through our email foodfull.app@gmail.com