Tuesday, February 15, 2005

New Tax Law Generates Contributions for Tsunami Disaster Relief

New Tax Law Generates Contributions for Tsunami Disaster Relief: "New Tax Law Generates Contributions for Tsunami Disaster Relief
SAN DIEGO --(Business Wire)-- Feb. 15, 2005 -- Study by technology provider Kintera finds online donations to tsunami relief efforts dramatically increased at end of January 2005

In an effort to encourage contributions to tsunami relief efforts, an IRS law enacted on January 7, 2005 allows donations made during January 2005 to be deducted in 2004. In a preliminary study of hundreds of thousands of transactions made to more than a dozen organizations involved in tsunami relief efforts, technology provider Kintera(R) Inc. (NASDAQ:KNTA) reports that the new tax law generated a flurry of last-minute donations to its clients at the end of January 2005. "

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