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Project12Baskets uses dynamic donation management technology to transform items from businesses and individuals into funds for nonprofits
Rochester, Mich. - Jan. 28, 2008 - Project12Baskets (P12B) today announced more than $60,000 in funds raised for 38 charitable organizations across eight states during the fourth quarter of 2007. P12B worked with the organizations to generate the funds using proprietary software technology and operational expertise to efficiently turn leftover items donated by from corporations and individuals into dollars.
"Our charity partners appreciate the chance to utilize one-of-a-kind technology to support their fundraising efforts and organizational goals," said P12B President Barry Olson. "The corporations we work with come to us seeking an efficient avenue for supporting community organizations and a way to generate a positive social return on otherwise unusable inventory. Everyone wins."
Utilizing proprietary "Abundance Weaver" software and an advanced process born from decades of operational experience, P12B effectively determines the optimal online auction media and other sales channels through which to liquidate the gifts, generating a maximal return for its charity partners. The organization works with more than 50 nonprofit partners to offer this unique, cutting-edge fund raising opportunity.
"In the many other organizations we have successfully started over the last 30 years, none of them have grown so rapidly, nor made an impact on so many within such a short period of time," Olson said. "We are truly blessed to be able to serve and provide this opportunity to a growing number of charities."
Since opening its doors in February 2007, P12B has expanded beyond Rochester Hills, Mich., opening additional collection centers in Novi and Saginaw, Mich., Naperville, Ill. and Minneapolis, Minn. In that time, the organization has created 21 jobs.
Project12 Baskets (P12B) challenges people to look closely at their abundance to determine if what was once precious may better serve a more useful cause. P12B provides a marketplace where people can give generously, but do so without giving money. The company creates a new currency for charities.
P12B has invested in building a powerful machine that generates a new currency for charitable giving, while promoting a "green" core model of conservation and reuse. That investment has created 21 new jobs. The company has been honored with two prestigious awards: The Historic Trinity Award and The Servant of the Year Award.