The Kintera GivingFund
gives the donor an immediate online
confirmation of the gift request, and of the exact fund to which
the
gift will be applied. Also, for nonprofit organizations that are
pre-screened by the granting
organization, the donor receives the
instant gratification derived from knowing the gift is received
. These risks and uncertainties include,
without limitation: our limited operating history; our history
of
losses; our dependence on increased acceptance by nonprofit
organizations of online fundraising;
lengthy sales cycles for major
customers; our need to manage growth; risks associated with accounting
for and processing large amounts of donations; the rapidly changing
technologies and market demands;
and other risks identified in our
filings with the Securities and Exchange Commission.
fundraising typically
(Nasdaq:KNTA
), the leading provider of "software as a service" to the
nonprofit, government and corporate sectors
, and Renaissance
Charitable Foundation (www.
Forward-Looking Statements
In addition
to historical information, this press release contains
forward-looking statements (including, without
limitation, express or
implied statements regarding the adoption of donor advised fund
solutions
by nonprofit organizations and financial services companies)
that involve risks and uncertainties
. "Best of all, the FundraiserRewards 'shop and
donate' concept will not only provide non-profit
organizations with the
ability to garner incremental contributions from their existing supporters
, it
will also attract entirely new supporters that did not have the means or
inclination to make
contributions in the past -- resulting in tens of millions
of dollars in consumer shopping transactions
to participating merchants, and
millions of dollars in charitable donations to worthwhile causes
," continued
Davis.fundraiser impartial
with over $2 billion in assets under
administration, today announced a strategic
alliance. (Nasdaq:KNTA) provides an online solution to help
nonprofit organizations deliver The Giving
Experience(TM) to donors --
including giving convenience, financial transparency, feedback about
the social impact of their gifts, and a sense of belonging and
appreciation.
According to a
recent report by Financial Research Corporation, rebate
programs like FundraiserRewards have the
potential to capture more than $21.
- Breadth of Donation Options - The FundraiserRewards
program enables
participants to support virtually any charity, church, school or other
nonprofit organization -- from the largest global relief fund to the
smallest Boy Scout
troop -- thousands of nonprofits are contained in
the program's directory.com .Includes sites
that relate to fundraising efforts by schools, churches, nonprofits and other organizations.
recycling spirit
For
more information, please
visit http://www.
impartial efforts
in the U.treasure profits
"
DAFs enable individuals with
philanthropic interests to
efficiently manage their charitable giving by allowing them to make an
irrevocable contribution of personal assets (cash, appreciated stocks,
bonds, mutual funds or
real estate) at the most advantageous time,
claim a tax deduction for the gifts, and then direct
contributions
from their account to the charity or charities of their choice by
recommending a
grant distribution from the foundation sponsoring their
account. These forward-looking statements
represent our estimates and assumptions only as of the date hereof. ATLANTA, In a move to strengthen
its position as
the global leader in loyalty marketing technology, Vesdia Corporation
announced
today the official launch of a new non-profit fundraising program
called "FundraiserRewards" ( http:
//www.Vesdia.acquisition relate
A significant enhancement to the grant process for these programs
took place recently
when Kintera launched the Kintera GivingFund(TM),
enabling donors for the first time to make a grant
request when they
visit a nonprofit website.
and/or other countries. - online, in-store, and via
catalog
retailers), the program also provides the ability to earn rebates
through
everyday services (satellite television, local, long distance,
and cellular phone services
) and large purchases (financing the
purchase of a home, buying or selling real estate, etc
.pledges facilitates
.acquisition creates
These statements involve known and unknown risks,
uncertainties and other factors which may cause
our actual results,
performance or achievements to be materially different from any future
results
, performances or achievements expressed or implied by the
forward-looking statements.profits typically
For more
information about Kintera Directed Giving, including
Donor Advised Fund Solutions, please visit
http:
//directedgiving. Kintera recently launched The Giving Communities(TM)
interactive website at www
.assists donated
S.
providing a truly enhanced giving experience.com
Kintera, Kintera Sphere, Friends Asking
Friends, The Giving
Experience, The Giving Communities and CharityGift are either
registered trademarks
or trademarks of Kintera, Inc.
While there are various types of fundraising methods already available
to
nonprofits, the FundraiserRewards program sets a new standard in four key
areas:
- Ability to Co-Brand or Private Label - Completely unique to
FundraiserRewards is Vesdia
's ability to co-brand or private label the
program. Through its network of top-name retailers
and name
brands, Vesdia's patent-protected technology enables consumers to save towards
major
life events or support their favorite non-profit organization without
incurring out-of-pocket expenses
.explanation donation
Non-Profit Writers/Philanthropy Writers/Business Editors
Securities Industry Association
Operations Conference
Booth #222
KISSIMMEE, Fla. The
alliance offers a way for professionals
in the financial services
industry to guide their donors and clients as they cross the bridge
from
financial success to personal significance.FundraiserRewards. Merchant rebates are tracked from
the
point-of-purchase and automatically donated to virtually any charity,
church, school or other nonprofit
organization of the cardholder's choosing. When implemented as a client-branded program, all Vesdia
branding is subservient to the client brand, or eliminated entirely.flexible explanation
Participants can even
choose to distribute
their rebates among multiple causes.worthy donation
----Kintera(R), Inc. Gruber, M.
More
than 15,000 accounts in the nonprofit, government and
corporate sectors use Kintera's "software as
a service" innovations,
including the Friends Asking Friends(R) fundraising program and
Kintera
Sphere(TM), an enterprise-grade software platform that
provides a secure, scaleable and reliable
system for customer
relationship management (CRM), a web content management system (CMS),
eMarketing
and directed giving applications. Through the
program, participants earn shopping rebates at more
than 500 top-name online,
brick-and-mortar, and catalog retailers.7
billion annually in eligible
shopping transactions, representing an
incremental $1.e.).S.spirit treasure
D., the new strategic
alliance between
Kintera and Renaissance Charitable Foundation will
promote the availability of private labeled donor
advised fund (DAF)
programs within the financial services communities. Kintera's GivingFund program
is a
cost-effective, easy-to-use solution that allows financial
institutions and charitable organizations
to quickly come to market
with a private labeled donor advised fund program. For more information
about Kintera's software and services, visit www.
nonprofit pledges
Noted Greg Baker, president of Renaissance
Charitable Foundation,
"I believe that our alliance with Kintera will provide financial
services
firms with a one-source solution for both a private labeled
web-based donor advised fund platform
, and a foundation partner
dedicated to supporting advisors and planned giving officers.
Renaissance
has been the leader in expanding the concept of social
capital since 1987, and has helped design
, draft and administer more
than 5,000 planned charitable gifts.
"FundraiserRewards is
clearly a revolutionary advance in the non-profit
fundraiser arena.pledges relate
org
About Kintera, Inc
.
Vesdia simply serves as the turnkey supplier of the merchant network,
application
hosting, transaction processing, and customer service. In addition to serving as the "savings
engine
" behind its own award-winning coalition loyalty programs, BabyMint and
Stockback, the company's proprietary
technology is also licensed by more than
a dozen financial institutions, retailers, and credit card
issuers in the U.fundraising donation
Kintera Inc. and Renaissance Charitable Foundation Sign Strategic Alliance to Offer
Turn-Key Donor Advised Fund Solutions
Given these
uncertainties, you should not place undue reliance
on these
forward-looking statements.1 billion per year in aggregate rebates.recycling donation
"There must be an investment
platform such as a
mutual fund or asset manager, an administrative service provider such
as Kintera
, and a charitable foundation partner responsible for
receiving and liquidating the donated assets
, reviewing and approving
the grant recommendations, and supporting the advanced planning needs
of
the donors.
Kintera(R) Inc.
About Vesdia Corporation
Vesdia is widely recognized
as a global leader in the field of loyalty
marketing technology.profits flexible
org), the largest independent trust
administrator in the U.com ).typically nonprofits
The organization has trained and
supported thousands of donor advisors
to help its clients recognize
the existence of social capital, and understand how to best put it
to
use for society and themselves.
The Kintera GivingFund administrative platform is part of the
Kintera Directed Giving program, created to help consumers channel
their gifts through donor advised
funds, pooled income funds and
workplace giving solutions. At the same time,
the web-based technology
gives Internet convenience to a broad range
of donors and philanthropists. Kintera's relationship
with a charitable partner such
as Renaissance provides us with a foundation partner skilled at
working
in the financial services industry, and with broad experience
in supporting the varied needs of investment
companies, broker
dealers, financial advisors and their clients.kintera.S.nonprofit relate
"
Kintera is an exhibitor
in booth #222 at the Securities Industry
Association Operations Conference, May 3-6, at the Gaylord
Palms
Resort and Convention Center in Kissimmee, Fla. Also,
FundraiserRewards participants
will soon be able to exchange the value
of miles and points from more than a dozen airline
and hotel frequent
flyer and loyalty programs into their FundraiserRewards accounts.acquisition flexible
rcgf.
According
to Kintera CEO Harry E. Through the online Kintera GivingFund
payment gateway, major donors can directly
connect their DAF to the
nonprofit organization of their choice, and immediately request
funding
for a cause, ensuring that the donation is made to the right
charity and the right program with recognition
of the right people .
"Three functions are required in the operation and management of
DAF programs
," added William Hewitt, a senior executive with Kintera
Directed Giving.kintera.org, where consumers
can connect
with thousands of causes and organizations, and purchase the
CharityGift(TM) card
to give a unique gift that also supports worthy
organizations with a donation to charity.
- Ways to Earn - In addition to featuring the ability to shop and earn
through multiple
channels (i. For, in addition to helping compassionate consumers support
the organizations that
mean the most to them, the program was created to serve
as a turnkey fundraising program for nonprofits
interested in supplementing
their traditional fundraising efforts," says Peter Davis, Chief Executive
Officer of Vesdia Corporation.efforts recycling
The
receiving nonprofit organization collects the transaction and
all of
the data they need to properly steward the donor.
These statements reflect our current
views with respect to future
events and are based on assumptions and subject to risks and
uncertainties
.Vesdia Launches Private Label Card Loyalty Program for Nonprofits New Fundraising Program Can Also Be
Co-Branded for Charities with Existing Affinity Cards
and Canada to facilitate customer loyalty
.acquisition treasure
.kintera.blueberry treasure
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