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KNTA Kintera (MM)

1.11
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kintera (MM) NASDAQ:KNTA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.11 0 01:00:00

Kintera and The Alford Group Offer Nonprofits Recent Trends in Philanthropy to Help Solve Fundraising Challenges

14/11/2005 11:00am

Business Wire


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Despite increased donations to U.S. charities in 2004 -- and growing trust in online donation technology -- nonprofit organizations still face the vital challenge of raising funds to support their causes. Kintera(R) Inc. (Nasdaq:KNTA) and The Alford Group teamed together in a recent Webinar to provide critical information to nonprofits that will help focus and maximize fundraising efforts. The online presentation, titled "Trends in Philanthropy: Giving and the Experience," is now available for download at www.kintera.com/alfordgroup. The presentation discusses findings and critical issues from the recent "Giving USA" annual report, published by The Giving USA Foundation(TM), as well as two studies commissioned by Kintera. The "Kintera-Luth Nonprofit Trend Report" illustrates the growing supporter use of the Internet, such as more than 8.6 million U.S. households giving online donations in 2004. The Webinar also highlights findings from a second Kintera report, "E-Mail Benchmarks in the Nonprofit Sector," including the increased use of e-mail to build donor affinity. The Webinar also helps nonprofits better understand their competitive environment. For example, nonprofit organizations are garnering click-through rates on average of 11.1 percent. "Philanthropy in the United States is a vital force in our economy," said Thomas Mesaros, CFRE, President and CEO of The Alford Group and member of the American Association Fundraising Counsel Foundation Board of Directors. "It's important that not-for-profit organizations understand giving trends so they can maximize their donor relationships." "The fact that online donations have increased by more than 50 percent this past year confirms that those who experience online giving are finding it a preferred alternative to traditional giving," said Dr. Ephraim Feig, chief technology officer and chief marketing officer at Kintera, and co-presenter of the Webinar. "The Internet is an immediate, convenient and safe way to give." About The Alford Group Inc. The Alford Group Inc. was founded in 1979 to provide leadership in improving the quality of life by strengthening not-for-profits. Today, the firm has regional service offices in Boise, Chicago, Detroit, San Diego, Seattle and Washington, D.C., and is one of the largest not-for-profit consulting firms in the nation. The Alford Group utilizes a nationwide network of professional staff and strategic partners to deliver effective and experienced counsel. The firm has worked with over 1,000 diverse not-for-profit organizations. Currently celebrating its 25th Anniversary, The Alford Group is proud to hold over 800 years in combined staff experience in the not-for-profit sector. For more information, visit www.alford.com. About Kintera Inc. Kintera(R), Inc. (Nasdaq:KNTA) provides an online solution to help nonprofit organizations 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. 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. Additionally, Kintera FundWare(R) provides award-winning financial management software developed for nonprofit organizations and governments. Kintera also provides the Kintera GivingFund payment option offering donors Internet convenience for initiating grant requests from their Donor Advised Funds (DAF). Organizations sponsoring donor advised funds as well as recipient nonprofits and foundations are now able to provide improved customer service to philanthropists through this new, innovative way to make major gifts online. A one-time DAF, CharityGift(TM), is available for purchase at Kintera's The Giving Communities(TM) website at www.kintera.org. 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, GivingFund, CharityGift and FundWare are either registered trademarks or trademarks of Kintera, Inc. in the U.S. and/or other countries. Forward-Looking Statements In addition to historical information, this press release contains forward-looking statements (including, without limitation, express or implied statements regarding the adoption of software solutions 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; 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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