FundScrip passes $8M raised

MONTREAL, March 19, 2013 /CNW Telbec/ - FundScrip (powered by Fundstream Inc.) has announced that they have surpassed $8 million dollars in funds raised. These funds have been raised by charitable and non-profit organizations, such as schools, sports teams and clubs, religious, cultural and community groups who participate in the FundScrip gift card fundraising program.

"Achieving group earnings of over eight million dollars is a significant milestone that confirms, and quantifies, the value that FundScrip brings to Canadian charities and non-profit groups, and other stakeholders," said Christopher Hill, President & CEO of Fundstream Inc. "Furthermore, the fact that group earnings are snowballing in this way proves that our program is working for our fundraising groups and their Supporters, and that the word is spreading virally."

Notably, over $2 Million of that total was raised in 2012 alone; and FundScrip expects to exceed $10 million dollars in funds raised by the end of 2013.

About FundScrip

FundScrip is a Canadian fundraising program operated by Fundstream Inc. whereby supporters of fundraising groups raise funds by paying for their everyday purchases (i.e., groceries, gas, gifts and household items) with gift cards bought through the FundScrip program. Supporters can choose gift cards from over 150 retailers across Canada. Visit their website at www.fundscrip.com and their blog at www.fundrazr.ca for more information.

SOURCE: Fundstream Inc.

For further information:

David Nixon - Director of Marketing 
514-861-1234 ext. 116 
dnixon@fundscrip.com

Profil de l'entreprise

Fundstream Inc.

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