CREDO Mobile From Working Assets Announces Stimulus Package for Progressive Nonprofits
SAN FRANCISCO, March 11, 2009 — CREDO (www.credomobile.com), the mobile and long distance phone service brought to you by corporate-responsibility leader Working Assets, has announced a multimillion-dollar cash injection for nonprofit groups working to improve the lives of people around the world.
These donations come at a critical time, as the economic crunch severely squeezes funding for nonprofits.
"In the current economic climate, this type of support is vital, and on behalf of the millions of Americans who rely on our health care services, we are grateful for this donation from CREDO," said Cecile Richards, president of the Planned Parenthood Federation of America, the nation's leading sexual and reproductive health care advocate and provider." CREDO continues to be a leader--both locally and nationally--in furthering the mission of Planned Parenthood and its nationwide network of health centers." CREDO has been the largest corporate sponsor of Planned Parenthood since 1986.
CREDO raises money for nonprofit groups like Planned Parenthood through automatic donations. Each time a CREDO customer makes a call or a purchase with the Working Assets Credit Card, a portion of the charges automatically goes into the CREDO donations pool. These contributions come at no extra cost to the customer. The groups that receive funding are nominated by CREDO customers, who also vote on how the donations are distributed.
"CREDO is proud to play a direct role in funding progressive nonprofits, which play such an important part in people's lives today," said CREDO CEO Laura Scher. "And we'll continue to support popular causes like the withdrawal of troops from Iraq, advancing gay and lesbian rights, and ensuring fair elections. We know we're doing the right thing because it's what our customers want. After all, they generate the funds, they choose the groups we support and they tell us where they want the money to go."