BASIC DOCUMENTATION
I16-1 Profit Statement
A statement detailing the gross profit generated by the sale of the product through the 12-month performance period, as well as projected profit over the next three years. Manufacturers may use the performance period (fiscal year prior to certification) to set these predictions, and at each annual check-in may “true up” to ensure that donations meet the requirement. Manufacturers who do not make a donation covering all 3 years by the time of certification must offset at minimum the first year of sales, and identify the costs of the total certification period to demonstrate awareness and commitment to meeting these donation requirements per the standard.
I16-2 Offset Calculations
Calculations demonstrating the amount that the manufacturer will donate to an approved organization to comply with I16 Equitable Investment.
The manufacturer is required to donate ¼ cent per dollar of gross profit. To meet this, the manufacturer:
- Must make a minimum of 50% of this donation amount through financial contribution to a selected organization(s)
- Up to 25% may be made through volunteer hours
- Up to 25% may be made through product donations/installation
I16-3 Program Selection Narrative
Brief description of the program purpose, how it functions and why it was selected for the donation.
