PG Calc and eTapestry.com Collaborate to Provide On-line Planned Gift Calculations

INDIANAPOLIS,IN-January 18, 2000 - PG Calc Incorporated, the leading provider of planned giving software, and eTapestry.com, providers of Internet-based fundraising software, have partnered to bring eTapestry customers an integrated tool for handling their planned gift calculations through PG Calc’s WebCalcs Service. Now for the first time, nonprofit organizations will have a simple way to plan and manage their planned gift activity from within their donor database. WebCalcs is a fully web-based service meaning that all regulation changes and updates are handled automatically by PG Calc. This integration continues to expand the capabilities and power of eTapestry, which offers a unique lease/rent agreement for nonprofit organizations thus making flexible low cost access to comprehensive donor record keeping and management tools available to both small and large charities.

"We are extremely excited to be partnering with PG Calc. They are the recognized leader in planned giving software and by incorporating WebCalcs with eTapestry we can bring the power of PG Calc’s planned giving know-how to organizations of all types and sizes”, said Jay Love, President of eTapestry.com. With WebCalcs an organization can specify all the parameters of a charitable planned gift including gift type, such as Charitable Remainder Trust, donor ages, return rates, and gift amounts. WebCalcs then returns an analysis that helps donors and development staff see the results of their charitable gift as it relates to its tax deduction. “WebCalcs puts those critical calculations, at the fingertips of the development professionals who are helping donors with their gift planning. By integrating with eTapestry we are able to combine all aspects of the donor record-keeping system with planned gift calculations right on the Internet.The result is a powerful combination of simplicity and universal access for nonprofit organizations,” said Gary Pforzheimer, President of PG Calc.

WebCalcs will also be available directly through the eTapestry web site allowing organizations to run single calculations on an as-needed basis. This service will be available to any organization and can be accessed at www.etapestry.com.

PG Calc Incorporated is located in Cambridge, MA. It is the leading provider of planned giving software with a client list that reads like the “Who’s Who” of the nation’s top charities and allied professionals.For additional information on PG Calc, contact Tina Yelle at 1-888-497-4970 or visit their web site at www.pgcalc.com. eTapestry.com is located in Indianapolis, Indiana. The company provides fundraising software that is run over the Internet. For additional information on eTapestry contact Steve Rusche at 1-888-739-3827 or visit their web site at www.etapestry.com.