ABOUT ETHICAL GOLD INSTITUTE
Repurpose gold jewelry into funding for a favorite nonprofit
Consider donating your unwanted jewelry to fund your favorite charity, an new option that also promotes social justice and helps build a safer and healthier global society. Free yourself from the burden of safekeeping and give your cherished valuables a new purpose that helps prevent significant environmental impacts. Donating even tiny pieces of gold can create hundreds of dollars in new charitable funding, making it a great way to support nonprofits without spending money. The Ethical Gold Institute is a 501(c)(3) public charity committed to raising awareness about the harmful impacts of gold mining and creating new support for nonprofits from gifted gold property. We are a collaborative project with Forest Trends and made possible through its generous support.
TAX DEDUCTIONS
A tax deduction for donating gold?
Did you know you can receive a tax benefit by donating gold property such as rings, necklaces, brooches, pins, findings, fillings, coins, or decorative objects of any karat type? We apply specialized jewelry expertise to respectfully examine and process your gift. Our ethical values and nonprofit goals guide our process involving metallurgical analysis, assaying, security protocols, and full public disclosure. After converting your donated property into monetary form, we remit 80% of the proceeds to your designated beneficiary charity for general-purpose use. Unfortunately, we cannot process silver or other metals.
Donated gold creates remarkable environmental benefits
One ounce of donated gold helps avoid the massive environmental impact of mining gold.
A conservative estimate of these savings include:
gold ounce
or two rings
tons
of rock waste
kilowatt-hours
of electricity
tons
of carbon emissions
gallons
of arsenic-polluted water
Help cool the climate and protect Earth now
THE IMPACT CREATED BY GOLD MINING
Help stop child labor
associated with gold mining
Gold mining involves the worst forms of child labor, as defined by ILO Convention 182. Children are commonly involved in gold artisanal mining to help boost family income. Older children may help haul ore, fetch water, or break rock, with about an estimated 1 million children worldwide working as miners.
Donating your unneeded jewelry to charity directly reduces the need to mine gold and helps break the cycle of speculation that fuels child labor and global conflict.
Our solution is working! Forest Trends is our first partner and receives 100% unrestricted funding from the Ethical Gold Institute.
Meet Nicia Coutinho
“I was delighted to donate my gold necklace to benefit Forest Trends’ conservation program setting up and protecting indigenous territories in Brazil, work that I believe is tremendously honorable. I was happy to find this simple solution for jewelry that was long out of use but that I did not want to sell to gold buyers. I learned about Ethical Gold Institute, this unique and special endeavor, from my friend Beto Borges. I hope people will use this solution that converts superfluous jewelry into a new source of support for nonprofits.”
Nicia Coutinho, Ethical Gold Institute’s first donor of gold property, was born in Pará, Amazonia, and has been working for 18 years to protect and support Brazil’s indigenous populations.