Giftback Announces Strategic Investment and Addition to Senior Management Team

June 28, 2010 - PRLog -- Giftback, the leader in matching name-brand products with charitable donations to create high impact gifts, announced that it has received a strategic investment to increase resources available to service its corporate clients.  The investment was led by Jerry Huang, a former Program Officer at the John D. and Catherine T. MacArthur Foundation in Chicago, and Huang will join the senior management team.

“Jerry is an outstanding addition to this team,” said Ken Schiliro, co-founder of Giftback.  “His past experience investing and working with small businesses and social enterprises in both the for-profit and non-profit worlds immediately improves our ability to provide solutions for our clients and build stronger relationships with our non-profit partners.”

Giftback donates 10 percent of every purchase to a charity chosen by the customer.  Giftback offers name-brand products on its retail website and also provides customized solutions for business clients.  The strategic investment will be used as growth capital to improve the customer experience and add staff to manage new and existing accounts.

“I am excited to join an organization that not only has a culture of giving back to the community, but has it built into the business model,” explained Jerry Huang.  “For over three years, the team has donated not only money, but their own personal time and resources to a variety of causes.”  Ken Schiliro and Harris Beber co-founded Giftback in 2006.

“This is a great business opportunity, because our solutions make sense,” Huang continued.  “At some point, everyone needs to send a gift.  Why not also support a cause you believe in?  You can literally have your cake and donate too.”

For additional information visit Giftback.com.

Contact:
Tom Duffey
888.576.GIFT (4438)
tduffey@giftback.com
http://www.giftback.com

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About Giftback:
Giftback is the leader in matching name-brand products with charitable donations to create high-impact gifts for the consumer and corporate gift giving markets. Founded in 2006, Giftback makes a donation with every purchase to a charity chosen by the customer. Giftback offers products from leading companies such as David’s Cookies, Godiva Chocolates and Brookstone and partners with national, regional and local non-profit organizations such as the Cystic Fibrosis Foundation, the Environmental Defense Fund and the Christopher and Dana Reeve Foundation.