The Exchange is a self-sustaining organization of vital importance to the community. Through its consignment operation, which consists of more than 260 volunteers and 5,000 consignors, The Exchange has awarded a total of more than $8.5 million in grants and scholarships to support the Arts of Sarasota and Manatee counties.
GRANTS AND SCHOLARSHIPS AWARDED ANNUALLY - $8.5 MILLION TO DATE
To date, The Exchange has awarded more than $8.5 million in grants and scholarships. The Exchange is one of Sarasota's largest scholarship providers.
CONSIGNORS CAN HELP FAVORITE NONPROFITS
Individuals can designate participating charities to receive consignors' profits, which is 65% of the net proceeds.
$100,000 WORTH OF MERCHANDISE WAS DONATED IN 2020/21
Unsold clothing, furniture and household items are regularly donated to local non-profit organizations such as the Pines of Sarasota and Salvation Army to help strengthen and further support their missions. The items donated are then sold in each of their re-sale stores or given to those individuals in need.
FILTERING MONEY BACK INTO OUR LOCAL ECONOMY - $2 MILLION PAID TO CONSIGNORS IN FISCAL YEAR 2020/21
Instead of purchasing merchandise from wholesalers based in other parts of the country, or world, 65% of The Exchange's net proceeds, more than $2 million, is paid out annually to local consignors. In return, that money is filtered back into the community, further strengthening our local economy.
THE TRUE MEANING OF GOING GREEN - AN ESTIMATE OF 4,800,000 ITEMS HAVE BEEN RECYCLED OVER THE PAST 50 YEARS.
Thanks to our loyal consignors and shoppers, The Exchange has been able to recycle more than 4,800,000 items of used merchandise over the past 50 years, positively impacting our environment. As Wendell Barry so poetically put it, “The Earth is what we all have in common.” Thank you for sharing our vision for the future.