By building a business that donates 50% of profits to charity, I can ensure that when the business prospers, charities will continue to see higher and higher donations
Weston, MA (PRWEB) November 18, 2010
Over the past two years, charitable giving in the United States has fallen by the highest percentages seen in over five decades. A shaky stock market and rising unemployment rate have forced consumers to shift money away from charities and back into everyday expenses. A new website, KindCoupons.org, intends to help stop this decrease in charitable giving while at the same time helping consumers save money on their holiday purchases.
Kind Coupons is for people that want to save money on their shopping bills while passively helping to generate charitable contributions at the same time. KindCoupons.org is 100% free to use and features deals such as: Best Buy coupons, 1-800-Flowers promotion codes, Harry & David coupons, Hotels.com promo codes, and hundreds more. KindCoupons has committed to donating 50% of the company’s profits to charity.
The revenue and profit come from the product offers and coupons that are redeemed via KindCoupons.org. Retailers offer various referral fees to KindCoupons as customers engage with the coupons and deals. KindCoupons then takes 50% of its profits and donates them to a specific charity.
"I created KindCoupons because I wanted to figure out a way to give back more to charity and allow others to help increase this impact as well. By building a business that donates 50% of profits to charity, I can ensure that when the business prospers, charities will continue to see higher and higher donations," said Garrett Rent, founder of KindCoupons.org. "Other sites may offer similar coupons, but KindCoupons is unique because consumers can passively help a charity just by doing their regular shopping. We leverage technology to keep our expenses very low and ensure that our donations will be maximized. The site is totally free to use so it's a win-win for consumers. You save, we donate!"
The first charity that will be the recipient of KindCoupons' donations is CaringBridge.org. CaringBridge provides free websites that connect people experiencing significant health challenges to family and friends, making their health journey easier. "I chose this initial charity because I’ve seen firsthand how important a CaringBridge website can be when a family is struggling with a major health crisis. CaringBridge provides a great service and I hope that KindCoupons can help support their growth with our donations," said Rent.
In the future, KindCoupons will allow its users to have a say in which charities receive the company's donations. Facebook fans of KindCoupons will have the opportunity to express their opinions and vote on the most worthy recipients of future donations. "Our site visitors are the key to helping increase our donations, so I think they should have some say in where the money goes. We'll also be doing plenty of research to ensure that we're targeting charities that are not only in need, but also have low expense ratios and solid track records of using funds appropriately," said Rent.
Launched in November 2010, KindCoupons.org is a free way for consumers to save money on everyday purchases while at the same time helping to generate charitable donations. KindCoupons offers coupons and deals from hundreds of merchants such as: Teleflora, Macys, Barnes & Noble, Amazon, Expedia, and more. KindCoupons donates 50% of profits to select charities. KindCoupons.org is 100% free to use and does not require any registration to start saving money and helping to fund donations to charity. For additional information, please visit http://KindCoupons.org.
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