(1888PressRelease)
December 18, 2007 - CINCINNATI, OH – echoDonations.org, the first-ever online Charitable Mutual Fund™ that rewards donors and nonprofits with Lifetime Cash RewardsTM, is donating $13,000 in online software and support to 20 nonprofits to boost their survival and growth rates.
The software is the patent pending Charity Loyalty Rewards™ - an online software package enabling donors of all ages and economic means to give donations to their favorite charities and earn an interest-bearing return on their gifts. It's built upon the concept of Charitable Mutual Funds™ which have been in use for years exclusively by large nonprofits for their wealthiest donors. Using the power of the internet, echoDonations.org enables any person to participate with donations as little as $25.
“Nonprofit executives face significant and daunting challenges in starting and growing their organizations. The failure rate is high,” said Christopher Hytry Derrington, Board Member of nonprofitSherpa.org, echoDonations.org’s parent organization whose mission is helping fellow nonprofits adopt new technology and innovation. “In this season of giving, it is appropriate that we begin a yearly tradition of helping others by providing the tools and support they need to build donor loyalty while increasing annual and endowment funds.”
Interested nonprofits interested in receiving the free online software and support should contact cs ( @ ) echoDonations dot org by January 31, 2008 dot Eligible nonprofits must have less than $1,000,000 in revenue and be less than two years in existence dot
echoDonations.org™, the nation’s leading online charitable mutual fund, is a national nonprofit organization dedicated to helping charities start or grow their online fundraising programs by offering loyalty building financial incentives for donors to give more. More information is available at www.echoDonations.org.
CONTACTS:
echoDonations.org, Christopher Hytry Derrington, (513.276.4332, ext 102). chris ( @ ) echodonations dot org .
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