Community Foundations of America Selects Kintera to Manage National Donor Advised Fund Service and Website, Marketing and CRM Solutions for Local Community Foundations.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Community Foundations of America, Inc. (CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. ) has signed a strategic alliance agreement with Kintera(R) Inc. (Nasdaq:KNTA KNTA Korean National Tuberculosis Association ), the leading provider of "software as a service" to nonprofit and public sector organizations, to manage and provide web-based technology for a national donor advised fund Donor Advised Fund A private fund administered by a third party and created for the purpose of managing charitable donations on behalf of an organization, family, or individual. Notes: Donor advised funds have become increasingly popular. service. The Kintera Directed Giving program, created to help consumers direct their gifts through donor advised funds A Donor-Advised Fund (DAF) is a charitable giving vehicle set up under the tax umbrella of a public charity, which acts as sponsor to many Funds. A Donor-Advised Fund offers the opportunity to create an easy-to-establish, low cost, flexible vehicle for charitable giving as an and workplace giving, will provide the supporting platform and management for a national donor advised fund service that will be co-marketed by Kintera and CFA to benefit local community foundation members. Donor advised funds allow individuals with philanthropic interests to efficiently manage their charitable giving by making an irrevocable Unable to cancel or recall; that which is unalterable or irreversible. IRREVOCABLE. That which cannot be revoked. 2. A will may at all times be revoked by the same person who made it, he having a disposing mind; but the moment the testator is contribution of personal assets (cash, stocks, bonds, appreciated securities) at the most tax advantageous time. Donors can then direct the fund to the charity of their choice by making a request to the public charity holding their donor advised funds. Also, the Technology Steering Committee steer·ing committee n. A committee that sets agendas and schedules of business, as for a legislative body or other assemblage. steering committee Noun for Community Foundations of America has selected Kintera to provide software for content managed websites (CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. ), customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), grants management, eMarketing, membership registration and other online functionality for participating community foundations. "The mission of CFA is to provide solutions for community foundations in technology, marketing, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and accountability," said Carla Dearing, 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 Community Foundations of America. "As the leading technology provider in the nonprofit sector, Kintera provides our organization the expertise and experience we require to move forward on several initiatives, including our plans for a national donor advised fund service, and offering innovative software for local community foundations." "We're pleased to be working with Community Foundations of America to enable donors nationwide to set up their individual donor advised funds through a CFA member organization," noted Kintera's CEO, Harry Gruber, M.D. "The national donor advised fund service we envision will help our grant-receiving nonprofit customers market to major donors, obtain revenue from new sources and automatically track these additional gift types in their CRM and accounting systems." Additionally, Kintera's web-based technology tools, including CRM and CMS -- which were selected by the CFA Technology Steering Committee -- will be used to develop a website template with relevant functionality that can be replicated to local community foundations throughout the nation. Kintera's enterprise-level software platform, Kintera Sphere(TM), offers organizations an affordable and easy-to-use system that enhances The Giving Experience(TM) by providing feedback to donors about the impact of their gifts, creating a sense of belonging and appreciation. About Community Foundations of America (CFA) Community Foundations of America (CFA) was created in 1999 to help individual community foundations thrive in today's changing charitable-giving environment. By pooling their resources and expertise, community foundations are developing products and services that make philanthropy philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare. The term is often used interchangeably with charity. easier and more flexible. For more information, visit www.cfamerica.org. About Kintera, Inc. Kintera(R) Inc. (Nasdaq:KNTA) provides an online solution to help nonprofit organizations 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. 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. Kintera recently launched The Giving Communities(TM) interactive website at www.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. 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. For more information about Kintera's software and services, visit www.kintera.com. Kintera, Kintera Sphere, Friends Asking Friends, The Giving Experience, The Giving Communities and CharityGift are either registered trademarks or trademarks of Kintera, Inc. in the U.S. and/or other countries. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. In addition to historical information, this press release contains forward-looking statements (including, without limitation, express or implied statements regarding the adoption of web-based technology solutions for donor advised fund services and other applications by nonprofit organizations) that involve risks and uncertainties. These forward-looking statements represent our estimates and assumptions only as of the date hereof. These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. 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. 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 Online fundraising is the use of Internet-based technology, marketing and communication techniques by non-profit organizations to bring in revenue, frequently as donations. ; 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. Given these uncertainties, you should not place undue reliance on these forward-looking statements. |
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