To say Operation Hat Trick is a unique non-profit organization would be an understatement! As many of you know, OHT’s royalties from the sales of products are passed on to other non-profits that align with our mission to support the recovery of wounded service members and veterans. Our branding is KEY to our fundraising initiatives, as more than 85% of our donations are generated through royalties.
The pandemic ultimately proved how resilient we as an organization can be. Our accountant always asked why we kept a certain amount of money in reserve, and I said that it was in case retail “tanked." Well, guess what? It DID! But, what happened during the first year of the COVID pandemic made us aware of how wise it was to make the decision to keep money for a “rainy day."
In 2020, there were essentially no games being played at the collegiate level. No games, no tickets being sold, and no one traveling to watch their team. However, what we experienced was amazing; people continued to purchase co-branded products online and in stores. They wanted to support their school/team and OHT provided an opportunity to do that all the while helping veterans in need. We were beyond grateful and knew this would ultimately help us help more recovering service members and veterans. In other words, we were filling more critical gaps in care and able to make a bigger difference. Surprising to us, OHT was able to provide 50% more funding to organizations during this than in years past!
Our strategic partnerships also allowed us an almost unheard-of opportunity; OHT donated more than $1 million to organizations in each of the last two years! We were a lifeline to many smaller non-profits that thought they would “go under." They did not, and that’s because of our strong collegiate partnerships.
We have always been truly thankful for our partnerships with all of you across the country. The co-branded products that have been created over time have allowed us to make over $4.5 million in donations since 2014. For an organization our size, this is simply remarkable!