Gifts to Charity to Honor the 40th Anniversary of the Internet

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Wed Oct 28, 2009 8:18pm EDT

Spencer Trask & Co., the network of private equity investors, teams with
Inlieuofagift.com for unique giving opportunity on October 29, 2009





GREENWICH, Conn., Oct. 28 /PRNewswire/ -- Spencer Trask & Co., the leading
private investment firm discovering and developing ideas to shape the 21st
century, will join Leonard Kleinrock, the founder of the Internet, to honor
the 40th anniversary of the Internet at a day long event at UCLA on October
29th, 2009.



Members of the Spencer Trask network have been encouraged to make a financial
gift to the charity of their choice in recognition of the impact the Internet
has had on our global awareness and collaborative action. Spencer Trask has
joined forces with the website Inlieuofagift.com to make a charitable donation
in honor of the 40th anniversary of the Internet an easy online experience.



Inlieuofagift.com offers electronic invitations with a "donate now" button
associated with the charity of the party host's choice. Guests are asked to
make a donation in lieu of bringing a gift. There are no fees and all
donations are 100% tax deductible. Inlieuofagift.com partners with
Guidestar.org and Justgive.org to offer access to 1.8 million charities, and
has been featured on the Today Show and Oprah.com. 



Don Tapscott, the author of the bestseller Wikinomics and internationally
renowned authority on the strategic impact of information technology on
innovation, announced his gift to Tigweb.org in his Huffington Post entry
today, "A Personal Card to the Internet.  Happy 40th Birthday!".  A member of
the Spencer Trask & Co. network, Mr. Tapscott wrote, "I'm hopeful others will
send similar presents as well." 



Kevin Kimberlin, Chairman of Spencer Trask & Co. and the Angel Investor who
commercialized the wave division multiplexing technology that opened up the
lanes of the data superhighway, will be speaking at a special event at UCLA
along with Leonard Kleinrock, the recognized "Father of the Internet."   Mr.
Kimberlin says, "Even after 40 years, the consequences and impact of the
Internet on collaboration and innovation remain limitless. I encourage all
those who value the Internet to honor its 40th birthday and its founders by
using the event as a reason to donate to the charity of their choice through
Inlieuofagift.com." 






SOURCE  Spencer Trask & Co.

Mary Thigpen, Spencer Trask & Co., +1-212-326-9200,
mthigpen@spencertraskco.com, www.spencertrask.com; Jennifer Falvey, Managing
Director, Inlieuofagift.com, +1-203-966-0444, www.inlieuofagift.com
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