Hilco Global Donates Over $975,000 Worth of New Apparel to The Salvation Army

Aug 16, 2021

ALEXANDRIA, V.A. (August 16, 2021) — The Salvation Army, the country’s largest privately-funded, direct-service nonprofit organization, announced today that it had received a donation of over $975,000 of new apparel from Hilco Global, a privately held diversified financial services company.  The items, which are mostly new children’s sporting and leisure clothes, will be given to children in need during “Back-to-School” distribution events.

“We are incredibly grateful for Hilco Global’s generous donation because we know it will help families who are struggling to stay in their homes, put food on the table, and provide for their children,” said Commissioner Kenneth G. Hodder, National Commander of The Salvation Army. “With one-in-seven children already living in poverty and an end to the eviction moratorium coming, thousands of families could face homelessness in the coming months. Access to free school clothes and supplies will help parents focus their resources on other expenses—like rent and utilities—while empowering their children to start off well in the new school year.”

Photos from The Salvation Army and Hilco Global distribution event in Philadelphia

Jeffrey B. Hecktman, CEO and Founder of Hilco Global, said, “Helping families, especially children, is a key pillar of Hilco Global’s philanthropic mission. We are delighted to work with The Salvation Army and the communities they serve with new apparel items that are needed to set students and their families up for a successful school year. With The Salvation Army’s impressive network and leadership, we are able to distribute the clothing efficiently to get it to the children and families that need it the most in time for the “Back-to-School” season.”

With over 140 years of experience in the U.S. serving our most vulnerable communities during their greatest times of need, The Salvation Army has been at the forefront of helping communities deal with the fallout of the pandemic. In 2020, The Salvation Army provided an all-time high of services, including more than 225 million meals and more than 9 million nights of shelter to families experiencing homelessness. They also modified their children’s services and have continued to assist families struggling to provide for their children. The Salvation Army will distribute the clothes donated by Hilco Global, along with other items that children need during the school year, at back-to-school events in Chicago, Boston, Philadelphia, and New Jersey in August.

To learn more about The Salvation Army, visit www.salvationarmyusa.org

About The Salvation Army

The Salvation Army annually helps more than 30 million Americans overcome poverty, addiction, and economic hardships through a range of social services. By providing food for the hungry, emergency relief for disaster survivors, rehabilitation for those suffering from drug and alcohol abuse, and clothing and shelter for people in need, The Salvation Army is doing the most good at 7,600 centers of operation around the country. During times of disaster, 100 percent of designated donations to The Salvation Army are used for immediate response and long-term efforts. In the first-ever listing of “America’s Favorite Charities” by The Chronicle of Philanthropy, The Salvation Army ranked as the country’s largest privately funded, direct-service nonprofit. For more information, visit SalvationArmyUSA.org. Follow us on Twitter @SalvationArmyUS and #DoingTheMostGood.

About Hilco Global

Hilco Global (www.hilcoglobal.com) is a privately held diversified financial services company and the world’s preeminent authority on maximizing the value of assets for both healthy and distressed companies. Hilco Global financial services leverage a unique blend of deep restructuring and advisory experience with capital solutions and principal investing. Hilco Global delivers customized solutions to undervalued, high potential companies to resolve complex and stressed situations and enhance long-term enterprise value. Hilco Global operates as a holding company comprised of over twenty specialized business units that work to help companies understand the value of their assets and, as needed, monetize the value. Hilco Global has almost four decades of a successful track record of acting as an advisor, agent, investor, and/or principal in any transaction. Hilco Global works to deliver the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has 700 professionals operating on five continents, and has large offices located in Boston, Chicago, New York, and Philadelphia within the USA.

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Media Contacts:

The Salvation Army

  • 703-302-8640

  • mediarelations@salvationarmyusa.org

Hilco Global

  • Karen BubrowskiMarketing Director

  • 847-849-2911

  • kbubrowski@hilcoglobal.com