CORRECTING and REPLACING Charities Benefit from Innovative Fundraising Solution Designed to Sustain Them in Good Times and in Bad; Consumers May Not Have More To Spend But Now They Can Give More To Charities.News Editors/Business Editors CORRECTION... by AmeriDollars NEW YORK--(BUSINESS WIRE)--Nov. 19, 2003 In BW5276 issued Nov. 19, 2003: Second graph, second sentence should read: Consumers who join AmeriDollars receive cash rebates for purchases made at participating online merchants such as Best Buy, The Sharper Image, Dell, The Sports Authority Sports Authority is the USA's largest full line sporting goods retailer. The company is headquartered in Englewood, Colorado. It operates over 400 stores in 45 U.S. states under the Sports Authority name. Total sales for the fiscal year ending January 29 2005 were $2.44 billion. .com, Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, , Bluefly.com, Foncentral.com and Delias (sted Consumers who join AmeriDollars receive cash rebates for purchases made at participating online merchants such as flowers/gifts, computer software, photo development and magazine subscription services). The corrected release reads: CHARITIES BENEFIT FROM INNOVATIVE FUNDRAISING SOLUTION DESIGNED TO SUSTAIN THEM IN GOOD TIMES AND IN BAD; CONSUMERS MAY NOT HAVE MORE TO SPEND BUT NOW THEY CAN GIVE MORE TO CHARITIES In this time of financial uncertainty, charities like many businesses are finding it more difficult to raise money. But thanks to AmeriDollars, a new company inspired by the devastation of 9/11, charities have a new way to increase their charitable pool of supporters as well as the frequency and amount of donations. AmeriDollars, America's Reward & Charity Network (www.ameridollars.com), is a consumer reward program unlike any that currently exists in the marketplace. Consumers who join AmeriDollars receive cash rebates for purchases made at participating online merchants such as Best Buy, The Sharper Image, Dell, The Sports Authority.com, Office Depot, Bluefly.com, Foncentral.com and Delias. Consumers then have the option of donating their rebates to a participating charity such as the National Multiple Sclerosis Society The National Multiple Sclerosis Society, a United States-based non-profit organization, and its network of chapters nationwide promote research, educate, advocate on issues relating to multiple sclerosis, and organize a wide range of programs, including support for the newly , National Center for Missing and Exploited Children The National Center for Missing and Exploited Children (NCMEC) is a private, non-profit organization established in the United States in 1984 under United States government mandate. , Twin Towers Orphan Fund, and National Wildlife Federation or they can reward themselves. "In complex economic times, it's important to find innovative ways to make supporting good works as simple and painless as possible," said Mike Dugan, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the National Multiple Sclerosis Society. "In addition to the 300 research projects we're funding around the world, more than a million people each year depend on the Society for services. The donation program established by AmeriDollars can help us reach out to a whole new universe of prospective donors to assist us in our efforts." At no cost to charities, AmeriDollars may just be the groundbreaking solution many charitable organizations have been looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. to increase both the number of supporters and the amount of their traditional donations. Participating merchants cover the costs, which makes AmeriDollars a perfect solution for both national and local charities and a unique marketing tool for retailers. The charities are hoping brick and mortar See bricks and mortar. retailers see the ease and benefits of the program and will join the AmeriDollar network in the coming months. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Susan Culler cull tr.v. culled, cull·ing, culls 1. To pick out from others; select. 2. To gather; collect. 3. To remove rejected members or parts from (a herd, for example). n. , vice president of financial development at the National Center for Missing and Exploited Children, "We are always looking for new and creative ways to support the work we do to help victims of abduction Abduction Balfour, David expecting inheritance, kidnapped by uncle. [Br. Lit.: Kidnapped] Bertram, Henry kidnapped at age five; taken from Scotland. [Br. Lit. and sexual exploitation. We're hoping consumers will welcome AmeriDollars as an easy way they can contribute to our work without having to dip into dip into Verb 1. to draw upon: he dipped into his savings 2. to read passages at random from (a book or journal) Verb 1. their own pockets. Passing on rebates from consumer outlets is a great way of making this happen." Adds David Goldin, CEO of AmeriDollars, "As a New Yorker, the New Yorker, The U.S. weekly magazine, famous for its varied literary fare and humour. It was founded in 1925 by Harold Ross, who was its editor until 1951. Initially focused on New York City's amusements and social and cultural life, it gradually acquired a broader scope, importance of charity hit me fully after the devastation of 9/11. Difficult times or catastrophic events force thousands to turn to charities for comfort and support. As an American experiencing the effects of a tough economic climate, I knew it was necessary to develop a business model that could help charities without hurting the consumer's bottom line." AmeriDollars was launched online in early November to take full advantage of the holiday season when consumers are more likely to spend money and feel charitable. Consumers who register for AmeriDollars are urged to speak with their favorite charities and encourage them to join so they can increase their funding opportunities. For consumers whose favorite charity is "themselves," there is also the option of cashing out and receiving the rebates directly. Here's How Ameridollar Works: Consumers register online at www.ameridollars.com and enter all the credit cards that they normally use to shop. The system is completely secure as it encrypts any cardholder card·hold·er n. One who holds a card, especially a credit card. card hold information and does not interfere with other credit card rebate programs (e.g., airline miles, credit card cash back rewards). When a consumer makes a purchase at a participating online merchant, the system automatically credits the consumer's account with the amount of the rebate offered by the merchant. Registered consumers can then choose to receive their cash rewards in the form of a check sent directly to them or to donate it to any of the participating charities/nonprofit organizations registered with AmeriDollars. Registered consumers can log onto the "My Account" section of AmeriDollars at any time to view their rewards as well as a history of their reward redemptions. AmeriDollars, America's Reward & Charity Network, was founded by David Goldin, a native New Yorker who sold his first company at age 26 to a publicly traded telecommunications conglomerate and a former vice president of Winstar Inc. After the devastation of 9/11, Goldin was looking for a unique way to stimulate economic growth AND make a difference in our society. His vision, AmeriDollars, is unique in its ability to help facilitate much-needed charity fundraising while making it easy for consumers and affordable for retailers. AmeriDollars' innovative use of the Internet is an effective, private and secure fundraising tool that provides consumers with the option of having their AmeriDollar cash rebates donated directly to the charity of their choice. For more information visit www.ameridollars.com. The mission of the National Multiple Sclerosis Society is to end the devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. effects of MS. The Society funds more MS research, offers more services for people with MS and provides more professional education programs than any other MS organization in the world. For more information visit www.nationalmssociety.org. National Center for Missing & Exploited Children is a 501(c)(3) nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. that works in cooperation with the U.S. Department of Justice's Office of Juvenile Justice and Delinquency Prevention The Office of Juvenile Justice and Delinquency Prevention (or OJJDP) is an office of the United States Department of Justice and a component of the Office of Justice Programs. . NCMEC's congressionally mandated CyberTipline, a reporting mechanism for child sexual exploitation, has handled more than 150,000 leads. Since its establishment in 1984, NCMEC NCMEC National Center for Missing & Exploited Children NCMEC National Concrete and Masonry Engineering Conference has assisted law enforcement with more than 94,000 missing child cases, resulting in the recovery of more than 78,000 children. For more information visit www.missingkids.com or call 1-800-843-5678. The National Wildlife Federation, a 501(c)(3) charitable, educational organization, is the nation's largest member-supported conservation group, uniting individuals, organizations, businesses and government to protect wildlife, wild places, and the environment. For more information visit www.nwf.org. The Twin Towers Orphan Fund is a non-profit fund that provides financial support to the children who lost parents in the tragic events of September 11, 2001. For more information about TTOF TTOF Twin Towers Orphan Fund TTOF Texas Trail of Fame (Fort Worth, Texas) , visit www.ttof.org. |
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