Salem Web Network Buys Samaritan Fundraising
September 21, 2010 at 4:14 AM (PT)
SALEM COMMUNICATIONS' SALEM WEB NETWORK has acquired fundraising company SAMARITAN FUNDRAISING for an undisclosed price. SAMARITAN FUNDRAISING raises funds for organizations through the sale of discount cards for major retailers.
"SAMARITAN FUNDRAISING has become a success with its Samaritan Card program," said SALEM WEB NETWORK EVP RICK KILLINGSWORTH. "We are excited about offering this fast and effective fundraising product to Christian organizations ... Christian fundraising is often a tiresome and laborious task for churches and ministries who rely on donor support for their everyday operational needs. This acquisition gives us the ability to become a provider of easy, profitable fundraising, allowing ministries and churches to focus their time and energy on their real mission."
SAMARITAN FUNDRAISING's founder, TOM FREILING, joins SALEM as VP and GM and will continue to work from FAIRFAX, VA. He said, "By combining our innovative fundraising company with the significant reach of SALEM COMMUNICATIONS, it's exciting to think about how many more churches and Christian groups will achieve their fundraising goals."