, ChesterCAP, LLC, the company that is
poised to bridge the gap between the philanthropic community and the financial
services world, today announces the acquisition of DOT.CHE, (which stands for "donor and community exchange") created in
2001, is a web-enabled platform for true knowledge management to facilitate
the business processes of today 's community foundations and public nonprofit
organizations. "We are especially pleased that ChesterCAP , LLC has now
stepped in with the resources and marketing ability to take DOT. The Blue Foundation for a Healthy Florida, and its
parent, BCBSF, are independent licensees of the Blue Cross and Blue Shield
Association, an association of independent Blue Cross and Blue Shield
companies.

philanthropic circles

The Blue Foundation for a Healthy Florida Will Present The Sapphire Award
Recognizing Community Health Excellence

JACKSONVILLE, Fla., As part of its mission to
advance access to quality health care for all Floridians, The Blue Foundation
for a Healthy Florida recently created The Sapphire Award Recognizing
Community Health Excellence.newscom. The selection committee is chaired by
Dr .
Award nomination materials are due in full by no later than June 29, 2005,
and winners will be announced in Fall 2005.

About GlobalGiving
GlobalGiving was founded by two former World Bank executives who led the
team that created the World Bank Development Marketplace, at which social
entrepreneurs from around the world compete for grants.

responsive grantmaker

CHE is its ability to allow donors to connect with
their philanthropic interests in a way that they have never been able to
before ," says Swerdlin. DOT.CHE effectively allows them to pinpoint where they can
allocate their dollars .

benefiting seekers

"By allowing donors to
fund projects directly, more money can get to communities where it will have
the greatest impact."
To get projects on the site, GlobalGiving partners with 31 NGOs, which
support the work of social entrepreneurs around the globe through fellowship
and awards programs . Additional
funding has been provided by the WK Kellogg Foundation, the Charles Stewart
Mott Foundation , and HP.

underpin philanthropic

CHE from the Arizona
Community Foundation (ACF).CHE was honored as one of six finalists in the
Best Open Source Project category at LinuxWorld Conference + Expo's Awards for
Excellence in New York City.CHE allows much greater collaboration
among grantmakers, or donors, and grantseekers; those organizations or
individuals who are looking for grant money to do meaningful philanthropic
work.CHE, or Philanthropy Online (POL) as we call it,
simply makes the giving process easier for our donors and the application
process easier for prospective grantees."
Swerdlin continues , "It is imperative that donors have the opportunity to
target the specific area within a charitable institution that they want to
support, rather than simply giving generally to their favorite charity .
Each recipient will receive a financial award of up to $120,000 toward its
community health objectives . "There are numerous health program and
health clinics in our state that can serve as model programs for how to
implement local uninsured solutions," said Susan Towler, executive director of
The Blue Foundation. These NGOs see GlobalGiving as an additional channel of
funding for their social entrepreneurs' work.

effectiveness seekers

For nomination materials or to
submit inquiries about The Sapphire Award, please contact
TheSapphireAward@bcbsfl.5
million) and the Hewlett Foundation ($800,000).

incubator giving

CHE's ability to
offer nonprofit organizations, community foundations, religious entities, and
other operating charities a platform for connecting donors with grantseekers
and their projects," says Eric Swerdlin , CEO of ChesterCAP, LLC. The "CAP" in
ChesterCAP refers to the company's forthcoming charitable advisor platform
which is designed to connect the charitable giving world's triangle of donors,
nonprofit organizations and financial services providers to each other in a
way that provides value, scalability and return for all participants.
"GlobalGiving is building a new model for international philanthropy ,"
said Susan Bell, Vice President, Hewlett Foundation. "We
view GlobalGiving as a promising avenue for getting aid funds to innovative
and high-impact initiatives.

foundations afinity

CHE to the
next level."
All completed nominations will be considered and evaluated through a
rigorous process."
"Through GlobalGiving, communities can form around shared interests to
drive real change," said Doug Solomon, vice president of investments at
Omidyar Network. GlobalGiving's mission
is to build a highly efficient marketplace where individuals, corporations,
and other institutions can find and fund projects around the world.

grantmakers giving

CHE will allow donors to get far greater visibility about specific
programs , projects, and scholarship opportunities. "DOT. Their
mission is to help philanthropic entities provide better functionality to
their donors and constituent groups while providing financial services
companies a pathway to serve the philanthropic space as well.

seekers afinity

The Sapphire Award's recognition of effective initiatives is meant to
promote greater and more lasting support for improved services and systems
that can be sustained over time. Both organizations support
GlobalGiving's mission to build a marketplace that helps fund social and
economic development projects around the world, while creating an engaging
donor experience.
"Funding from Omidyar and Hewlett will enable us to continue enhancing our
technology and processes, creating a scalable platform with global reach to
the village level," said Dennis Whittle, co-founder and chairman of
GlobalGiving.

recipients grantmaker

org .

affinity maturity

com or call 1-800 -477-3736, extension 63215, option 2.

Omidyar Network and Hewlett Foundation Invest $2.3 Million in GlobalGiving 's Mission to Reinvent International Philanthropy

circles donors

Final decisions of award recipients will be made by a
selection committee comprised of public health and health communication
experts around the country and Florida.

involves afinity

DOT. In addition to funding through The Sapphire Award, The
Blue Foundation annually awards more than $1 million in grants."
GlobalGiving donors have access to over 400 projects in 60 countries in a
broad range of themes such as education, environment, health, and economic
development. This bottom-up model of giving complements traditional channels
such as large aid agencies.

maturity donors

J.CHE also
offers phenomenal scholarship functionality which fills an important role for
many organizations."

About ChesterCAP, LLC
ChesterCAP, LLC is a Chester, NJ company devoted to creating a crossroads
between the philanthropic community and the financial services world .
Major funding partners include Omidyar Network, the Hewlett Foundation,
the Skoll Foundation , USAID, and the Sall Family Foundation.com.

benefiting donors

Firm Will Expand Revolutionary Technology's Reach
in the Philanthropic Arena

CHESTER, N. For example, in addition to enabling the general
public to find and fund projects, GlobalGiving works with organizations such
as USAID to spur public-private sector partnerships, amplifying this powerful
new channel of international aid and philanthropy.

philanthropic seekers

ChesterCAP LLC Announces the Acquisition of DOT.CHE

"This tool fosters 'granular giving,' in that it
provides donors much higher visibility and transparency , allowing them to give
to a portion of a cause in which they are most interested.

responsive circles

"
"We are proud to have been at the forefront of developing this technology,
which has changed the way we do business as a community foundation, increased
our efficiency, and lowered our operating costs," says Stephen D. Mittenthal,
ACF president and CEO."
Adds Craig Nuechterlein, director of operations of the Greater Milwaukee
Community Foundation, "DOT.

circles giving

effectiveness underpin

"ChesterCAP, LLC is excited to be able to tap into DOT.

New Award to Promote Florida's Outstanding Health Programs

This award will recognize and promote programs
that provide health care access to Florida's underserved and uninsured and
seek to improve the health care of Florida's at-risk communities.com/cgi-bin/prnh/20050112 /NEW019LOGO )
The Blue Foundation will select up to three nonprofit recipients annually.bluefoundationfl . "Rather than supporting top down, prescriptive measures,
GlobalGiving enables communities to develop the most relevant solutions to
their challenges and aggregates thousands of donors to fund those solutions.
"We are pleased to learn of expanded support from Omidyar and Hewlett,"
said Dan Runde, Director of USAID's Global Development Alliance, which joined
foundations and the private sector to help fund GlobalGiving's launch.

foundations responsive

In a web-enabled environment, DOT.
(Logo: http: //www. "Through The Sapphire Award, we hope to shed light on
these clinics and programs and share their successful models with others
serving this population. For more information concerning The Blue Foundation for a Healthy
Florida, please visit its web site at http://www.

CONTACT: Joan Ochi of GlobalGiving, +1-301-652-8455,
jochi@globalgiving.

afinity seekers

It has definitely been good for our
business.

donors affinity

The transaction is expected to close before the
end of the second quarter .
DOT. It will allow grantors to
get together online to evaluate grant proposals, scholarship applications, and
other opportunities available to them.CHE offers them the
web-based vehicle to go several degrees deeper into the need profile of the
university.
Through strategic grantmaking , The Blue Foundation supports programs that
increase access to quality health-related services for uninsured and
underserved Floridians. WASHINGTON, GlobalGiving, an Internet-based service
focused on making international philanthropy more efficient and high impact,
received a second round of operational grant money from Omidyar Network ($1.

involves donors

In 2003, DOT."
"The beauty of DOT. For
example, when a donor specifically wants their gift or donation to go to a
university's library to purchase books on antiquities, DOT.

The Blue Foundation for a Healthy Florida is a separate, philanthropic
affiliate of Blue Cross and Blue Shield of Florida (BCBSF) and is incorporated
in the state of Florida. Since
GlobalGiving launched in 2002, it has facilitated the flow of $2 million to
over 400 projects.

Membership associations of foundations and other organizations, who make grants in a variety of issue areas.

affinity researches

The award seeks to identify and reward
organizations demonstrating strategies that build on community assets, enhance
organizational capacity, foster systemic change and/or lead to lasting policy
changes that improve health services. Charles Mahan, professor and former dean, College of Public Health,
University of South Florida.