H Magnetic is a 501c3 charitable organization based in Marshfield, MA, that aims to address the structural flaw in funding for nonprofit organizations. They have developed proactive solutions to the problem of insufficient and unpredictable funding by identifying surplus and waste as a naturally occurring source of capital. Through their marketing and ecommerce capabilities, they attract buyers for surplus capital assets donated by companies and reinvest the proceeds into charitable projects that achieve measurable results.
Proactive's role is to participate in a Philanthropic Ecosystem, working together with companies to maximize the value of their surplus equipment by selling it to fund grants for non-profits. They assist in identifying buyers for the inventory and provide support to qualified non-profits in preparing grant requests, establishing budgets and timelines, and achieving measurable outcomes. With their expertise and collaborative approach, Proactive offers a unique opportunity for companies to contribute to improving our collective quality of life.
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