Steve Feldman was a veteran rock and roll disc jockey who, in 1998, left radio to boost cash for addict restoration packages. A self-proclaimed recovering addict, Feldman had one essential donor in Greenwich, Connecticut who, in 2001, misplaced $30 million in that yr’s market crash.
“Happily, alternative was actually ‘subsequent door,’” Feldman says.
“My donor’s neighbor was Farah Pahlavi (the Queen of Iran). I noticed an indication within the Queen’s driveway: ‘Demolition in Progress.’ So, I drove as much as her 10,000 sq. ft. Rockefeller Mansion and it was gone. The thought struck me – why not earn the cash, fairly than asking for it, by promoting donated kitchens, fixtures and furnishings out of demolished mansions.”
Thus, Renovation Angel was born. After a four-year profitable pilot venture, Feldman established Renovation Angel in 2005 as a 501(c)(3) non-profit group. In 2012, the group expanded nationwide.
“Our mission is defending the Earth, creating new recycling jobs, and serving to these in want. In 15 years, we now have recycled over 7,000 kitchens, diverted over 40 million kilos from the landfills, created over $25 million in jobs, and distributed $2.3 million to charity.”
The idea is easy: homeowners donate undesirable luxurious kitchens and different family items to Renovation Angel, who offers a ‘Web Worth Estimate,’ which exhibits estimated tax and elimination financial savings. As a part of its service, Renovation Angel offers free white-glove elimination, with out disposal prices. At venture completion, the donor receives documentation outlining their tax deduction from a referred third get together impartial appraiser, required by the IRS for tax deductions of over $5,000.
Renovation Angel sells the donated items by way of its community of shoppers or in its 43,000 sq. foot retail outlet in Fairfield, New Jersey. Elimination, transportation and resale of these things creates quite a few building, logistics and retail jobs. Proceeds earned from promoting recycled luxurious creates assist for outreach packages within the areas of youth-at-risk, habit restoration, job creation and social entrepreneurship.
“A kitchen donor is usually the client of a property after an actual property transaction,” Feldman explains. “Sellers normally donate furnishings. They really feel nice as a result of they stored the kitchen and furnishings out of landfills, recycled them, and it was for a very good trigger. Ours is probably the most financially savvy and sustainable renovation and transforming answer out there.”
A mean luxurious kitchen donor saves $10,000 to $50,000 on their venture. A donor contributing a full home of furnishing saves $100,000 or extra.
The wasteful, usually pointless renovation of kitchens fills landfills with metallic, ceramics, wooden, glass and different supplies that don’t simply decompose. However, particularly on the higher finish, new, of-the-moment kitchens are de rigueur when a house adjustments palms, when types change, or when new improvements come to the market. Thus, the 100,000 luxurious kitchens yearly torn out and despatched to the landfill are normally fairly purposeful and may have a second lives in different houses.
“We have now made being inexperienced and sustainable financially advantageous,” Feldman says.
Since 2016, Renovation Angel has entered into partnerships with the Nationwide Kitchen and Bathtub Affiliation, Walker
Zanger, a tile and stone producer, and with the German equipment large, Miele. In June 2020, Miele introduced a Recycle & Rebate program with Renovation Angel. By means of this system, householders who donate their certified kitchens obtain an instantaneous low cost on new Miele home equipment and vital tax and elimination financial savings.
“Our final purpose,” Feldman says, “Is to recycle each a kind of 100,000 kitchens, and, within the course of, to donate kitchens to households in want.”
It’s a worthy purpose, and Renovation Angel is effectively on its solution to realizing it.