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Wednesday, December 19, 2007

ECHODONATIONS.ORG TO GIVE $13,000 OF SOFTWARE TO NONPROFITS

National nonprofit to assist 20 new and early stage nonprofits with increasing donor loyalty while raising funds
online.

CINCINNATI, OH, December 17, 2007 – echoDonations.org, the first-ever online Charitable Mutual FundTM 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 RewardsTM - 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 FundsTM 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 yearl y tradition of helping others by providing the tools and support they need to build donor loyalt y while increasing annual and endowment funds.”

Interested nonprofits interested in receiving the free online software and support should contact cs@echoDonations.org by
January 31, 2008. Eligible nonprofits must have less than $1,000,000 in revenue and be less than two years in existence.

About echodonations.orgTM
echoDonations.orgTM, 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.org .

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