HUNTSVILLE, AL (June 25, 2015) — The Community Foundation of Huntsville/Madison County, in partnership with DealNews, announces the creation of the DealNews Disaster Relief Fund, the Community Foundation’s component fund that will manage and provide charitable contributions to help support domestic and international disaster-relief efforts.
“We are delighted to help DealNews continue their tradition of helping those in need by providing this new disaster-relief fund as a tax-efficient and convenient vehicle for their charitable giving,” said Community Foundation CEO & President Stuart Obermann. “In our community, DealNews exemplifies corporate generosity at its best and we are proud to be a partner in their philanthropy.”
DealNews has galvanized its millions of readers around disaster relief for the 2011 Alabama tornado outbreak, as well as Hurricane Sandy. Previously, the company — the leading destination for discovering the best online deals on the hottest products — has offered to match its readers’ donations up to $250,000.
“As it is impossible to predict when the next disaster may occur, the Community Foundation’s DealNews Disaster Relief Fund enables our Board to determine the best timing for optimizing charitable contributions,” said Dan de Grandpre, CEO & co-founder of DealNews. “We are proud that our loyal readers have responded so generously to previous fundraising efforts for disaster relief, and corporate-matching allows us to maximize the support we can provide.”
About DealNews:
DealNews is the leading destination for discovering the best online deals on the hottest products. Co-founded in 1997, the company employs a team of experts to scour tens of thousands of new offers to handpick — and verify — the best deals. DealNews combines proprietary data analytics with human curation to match its users with relevant, limited-time discounts and coupons on gadgets, apparel, home & garden, and other categories, from world-renowned retailers such as Amazon, Walmart and Best Buy. Headquartered in Huntsville, AL, it also has offices in Brooklyn and Dublin. For more information, visit dealnews.com.
About the Community Foundation of Huntsville/Madison County:
The Community Foundation of Huntsville/Madison County serves as the trustee of our community’s future, fostering philanthropy and mobilizing partners, while striving for an exceptional quality of life both today and tomorrow. The Community Foundation, now in its sixth year of operation, has raised or managed over $15.5 million in charitable donations since inception, and has distributed over $4.5 million to more than 250 nonprofit agencies, churches and schools in our community and elsewhere. Additionally, it provides educational, networking and capacity-building services for the nonprofit organizations in our community. For more information, visit communityfoundationhsv.org.
