FOR IMMEDIATE RELEASE

 

Rebuild Hope Launches Innovative
Financial Support Network for Severely Injured Military

100 Percent of Donations Distributed to Beneficiaries

Menlo Park, CA - June 11, 2008 (BUSINESS WIRE) -- Rebuild Hope, a new national "not-for-profit", today announced the first online financial support network that directly connects injured U.S. servicemen and women with people who wish to help them. The Rebuild Hope website (www.rebuildhope.org) displays the personal profiles of current and former military personnel who suffer life-altering injuries from the ongoing wars in Iraq and Afghanistan, and enables individual donors to address specific needs not met by existing government and private-sector organizations. At a time of growing concern about the donor efficiency of many U.S. not-for-profits, Rebuild Hope ensures that 100 percent of beneficiary donations are distributed to qualifying recipients.

"Rebuild Hope aims to engage thousands of individual Americans in a collective effort to improve the lives of active military service members and veterans who have suffered severe injuries since September 11, 2001, as well as their care-giving families," said Dana Hendrickson, co-founder and president of Rebuild Hope. "Time and time again, Americans have demonstrated unmatched compassion and generosity, helping millions of people around the world who experienced major hardships. It's hard to imagine a greater humanitarian cause than helping our own U.S military families who personally suffer from lasting wounds of war. Thousands are struggling with major financial problems that we cannot count on our government to solve. This is a crisis Americans can no longer ignore."

Because of advances in medical technology, many soldier's lives have been saved during the conflicts in Iraq and Afghanistan. Unfortunately, many of the injuries sustained by troops require ongoing rehabilitation and care that outstrip the capacity of existing public and private organizations. Rebuild Hope uses the Internet to solicit and deliver transitional financial assistance to regular service and guard members, veterans, and their caregiving families. Beneficiaries describe their individual situations and needs, and donors advise Rebuild Hope on how they want their assistance to be directed. Rebuild Hope works closely with the Veterans Administration, military services, and other not-for-profits to identify and qualify beneficiaries. Unlike most not-for-profit organizations Rebuild Hope's Internet-based service model enables donors to identify individual beneficiaries and influence where their donations go. The model also permits Rebuild Hope to operate with a minimum amount of overhead so 100 percent of all donations designated for beneficiaries are distributed to them. The entire Rebuild Hope team consists of volunteers.

Donors can easily make gifts as small as $25.00 either directly on the Rebuild Hope website with a major credit card or through the mail with a check. And individual donations are combined to fulfill specific needs. Together donor members of the Rebuild Hope community lessen the severe hardships of our injured soldiers and improve the quality of their lives.

About Rebuild Hope

Rebuild Hope leverages the power of self-directed philanthropy to aid veterans and active service men and women who suffer severe physical and non-physical injuries. More than 14,000 have been injured since September 11, 2001 and many more are believed to have undiagnosed psychological problems and traumatic brain injury. Rebuild Hope is a public benefit corporation with a 501(c)(3) tax-exemption. To learn more about Rebuild Hope, the needs of military families, and how to donate, please visit www.rebuildhope.org.

CONTACT INFORMATION
Organization Contact:
Dana Hendrickson
President & Founder
Rebuild Hope
(650) 321-4930
dana@rebuildhope.org
Media contact:
Patrick Corman
Corman Communications, LLC
(650) 326-9648
patrick@cormancom.com

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Philanthropy for the 21 Century

Self-directed philanthropy supported by the Internet and web technologies has the potential to dramatically reshape how humanitarian efforts of all kinds are funded and Rebuild Hope is the first non-profit to leverage this innovation to help severely injured current and former U.S. Military.

The world's first person-to-person micro-lending website, Kiva (www.Kiva.org), empowers individuals to lend directly to entrepreneurs in the developing world. Its 250,000 members have already made more than 35,000 loans valued at over $23 million since October 2006, changing the lives of families in 39 countries.

DonorsChoose.org (www.donorschoose.org), another peer-to-peer matching website, provides basic supplies to schools across the United States. In the last seven years, 871,373 students have received more than $17 million in funding, almost half of that amount in just 2007 alone.