Home > Terms > English (EN) > Goodwill Industries

Goodwill Industries

Founded in 1902 in Boston by Rev. Edgar J. Helms, a Methodist minister and early social innovator, Goodwill Industries is a nonprofit organization that provides job training, employment placement services, and other community-based programs for people of limited employability. It also provides a source of temporary assistance for individuals whose resources are depleted. Goodwill operates a large network of retail thrift stores in the U.S. and a number of other countries.

Goodwill stores generally collect used household goods and clothing in wealthier areas of the city, then train and hire those who are poor to mend and repair the used goods. The goods are then resold or are given to the people who repaired them and others.

As of 2013, the Goodwill Industries generated $4 billion in revenue and the organization used 82 percent of it to provide employment, training and support services to more than 4.2 million individuals worldwide.

Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Billy Morgan

Sports; Snowboarding

British snowboarder Billy Morgan has landed the sport’s first ever 1800 quadruple cork. The rider, who represented Great Britain at the 2014 Winter Olympics in Sochi, was in Livigno, Italy, when he achieved the manoeuvre. It involves flipping four times, while the body also spins five complete rotations on a sideways or downward-facing axis. The trick had ...

Marzieh Afkham

Broadcasting & receiving; News

Marzieh Afkham, who is the country’s first foreign ministry spokeswoman, will head a mission in east Asia, the state news agency reported. It is not clear to which country she will be posted as her appointment has yet to be announced officially. Afkham will only be the second female ambassador Iran has had. Under the last shah’s rule, Mehrangiz Dolatshahi, a ...

Weekly Packet

Language; Online services; Slang; Internet

Weekly Packet or "Paquete Semanal" as it is known in Cuba is a term used by Cubans to describe the information that is gathered from the internet outside of Cuba and saved onto hard drives to be transported into Cuba itself. Weekly Packets are then sold to Cuban's without internet access, allowing them to obtain information just days - and sometimes hours - after it ...

Asian Infrastructure Investment Bank (AIIB)

Banking; Investment banking

The Asian Infrastructure Investment Bank (AIIB) is an international financial institution established to address the need in Asia for infrastructure development. According to the Asian Development Bank, Asia needs $800 billion each year for roads, ports, power plants or other infrastructure projects before 2020. Originally proposed by China in 2013, a signing ...


Online services; Internet

Spartan is the codename given to the new Microsoft Windows 10 browser that will replace Microsoft Windows Internet Explorer. The new browser will be built from the ground up and disregard any code from the IE platform. It has a new rendering engine that is built to be compatible with how the web is written today. The name Spartan is named after the ...

Featured Terms

John Doe
  • 652


  • 0


  • 7


Industry/Domain: Travel Category: Travel sites

Xi’an Ancient City Wall

Xi’an Ancient City Wall is an extension of the prior Tang dynasty structure. It was built from the year of 1370 to 1378 and has a rectangular–shaped ...

Contributors in Non-profit organizations

Featured blossaries

British Nobility

Category: Politics   1 5 Terms

The world of travel

Category: Other   1 6 Terms