Date: 05/20/2009
Company: Gazelle (a service of Second Rotation)
Source: SOAWorld Magazine
BOSTON, MA — (Marketwire) — 05/20/09 — Gazelle (gazelle.com), the nation’s largest company rewarding consumers for responsibly trading in their electronics, today announced the launch of its Gazelle for Good fundraising service (gazelleforgood.com). This new service enables fundraisers to raise money for a good cause by collecting used gadgets instead of cash — allowing everyone to get involved and support causes in their community regardless of financial means. Dozens of organizations and individuals have signed on to use the free service, including the Epilepsy Therapy Project, Little Red Wagon Foundation, and Pluta Cancer Center.
Gazelle for Good connects NPOs, fundraisers and donors by providing them with a simple, customizable tool that enables them to raise funds without collecting cash. Using the service, anyone from a single marathon runner to the nation’s largest nonprofits are able to start a personalized online gadget drive. Donors simply visit the online drive to discover the donation value of their electronics and send them into Gazelle. Gazelle turns the electronics into cash and sends a check to the fundraiser to support their cause. Individuals can add Gazelle for Good to fundraising efforts and give supporters a new way to donate, and non-profit organizations can leverage this complimentary service to subsidize cash donations, which have suffered from the weak economy. According to the recent “State of Fundraising Survey” by the Association of Fundraising Professionals, only 28 percent of all charities nationwide expect to raise more money in 2009 than in 2008.