Having a seat at the table counts. We are honored to have the ear of the President and to introduce our organization to his advisors,” said Barbara Jessie-Black, PTA Thrift Shop Executive Director.
Carrboro, NC (PRWEB) June 17, 2011
The PTA Thrift Shop, a nonprofit with resale stores in Chapel Hill and Carrboro and a major donor to local schools for over half a century, this week participated in a White House briefing in Durham, NC, with the President’s Council on Jobs and Competitiveness to discuss how to grow jobs in the environmental and social impact-focused “fourth sector.” The nonprofit also attended President Obama’s visit to Cree, the Durham-based manufacturer of efficient LED lighting.
“Having a seat at the table counts. We are honored to have the ear of the President and to introduce our organization to his advisors,” said Barbara Jessie-Black, PTA Thrift Shop Executive Director. “As we shared with the Council, our primary social impact is achieved through our mission, which is to support the Chapel Hill-Carrboro City School district’s parent teacher associations with our annual net profits.”
The “fourth sector” term was created to describe organizations that make vital contributions to the U.S. economy by delivering innovative solutions to social and environmental problems. The PTA fits that build as a major recycling, reuse and resale organization with annual revenues of $1.4 million. It also employs 28 people and is a community partner that donates clothing to social service organizations and gives its profits – almost $5 million over the last 15 years – to local schools. The Green Plus Certified nonprofit serves as a model for the creative ways it turns trash into revenues and continues to evolve its business model. In recognition of these enterprising efforts, it received the 2010 Progress Energy Sustainability Business of the Year Award.
The PTA Thrift Shop was among a distinguished group of business, nonprofit, government, and university officials that comprise the North Carolina Fourth Sector Cluster Initiative and who met with senior officials from the White House and the President’s Council on Jobs and Competitiveness on Sunday, June 12. The visiting officials included Michael Strautmanis, Deputy Assistant to the President and Counselor for Strategic Engagement to the Senior Advisor; Don Graves, Executive Director, President’s Council on Jobs and Competitiveness and Deputy Assistant Secretary for Small Business, Community Development and Housing, Department of Treasury; and Greg Nelson, Deputy Director of the White House Office of Public Engagement.
The PTA Thrift Shop just announced on June 2 its plans to build new facilities and additional commercial lease space at its Carrboro location. It has launched a major building campaign to help fund the project that will help stimulate the economy, allow more recycling, and generate additional dollars for schools. Construction is expected to begin in the fall of 2011 and be completed by June 2012. The community fundraising goal for the building project is $1.7 million. Anticipated funding sources include individuals, businesses and foundations; new market tax credits; and a bank loan to help meet the overall costs of approximately $5.1 million. Financial donations for the building can be made and more information found at http://www.ptathriftshop.org.
ABOUT THE PTA THRIFT SHOP
The PTA Thrift Shop has two resale stores in Chapel Hill and Carrboro, NC that sell a range of donated goods and treasures from clothing to furniture. Started in 1952, the nonprofit donates its profits—over $200,000 every year—to local public schools through the Parent Teacher Association (PTA) for each school. It also provides in-kind donations to help clothe clients of local social service organizations and partners with the community in supplying gift cards to its stores for families in need. Known as an environmental leader for its recycling and other eco-focused efforts, the PTA Thrift Shop was named the 2010 Progress Energy Sustainable Business of the Year and has received “Green Plus Certification” through the Institute for Sustainable Development. More information at http://www.ptathriftshop.org.
ABOUT THE NC FOURTH SECTOR CLUSTER
The North Carolina Fourth Sector Cluster Initiative is a collaboration among business, nonprofit and academic leaders; local, regional and state economic development agencies; community development organizations; governments and faith-based institutions working to accelerate the growth of North Carolina’s fourth sector—enterprises created to advance market-based solutions to pressing social and environmental problems. The fourth sector encompasses a range of approaches including sustainable businesses, social enterprises, enterprising nonprofits, community development corporations, cooperatives, community development financial institutions and more, all of which create jobs and economic growth while addressing community problems. More information at http://www.fourthsectornc.org.