Invention Grant
- Patent Title: System and method for funding a collective account
- Patent Title (中): 资助集体账户的制度和方法
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Application No.: US10193923Application Date: 2002-07-15
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Publication No.: US07809641B2Publication Date: 2010-10-05
- Inventor: Shelley F. Sanders , Theodore Bowers
- Applicant: Shelley F. Sanders , Theodore Bowers
- Applicant Address: US NY New York
- Assignee: JPMorgan Chase Bank, National Association
- Current Assignee: JPMorgan Chase Bank, National Association
- Current Assignee Address: US NY New York
- Agency: Goodwin Procter LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A system and method for funding a collective account such as a charitable account includes issuing a plurality of financial instruments, linking the financial instruments to the collective account, aggregating individual financial instrument usage, calculating a bonus or other reward based on the aggregate financial instrument usage and funding or distributing the reward to the collective account. According to the invention, members of a civic, charitable, political or other entity may generate collective rewards or other benefits which may be attributed to the designated organization.
Public/Granted literature
- US20030028483A1 System and method for funding a collective account Public/Granted day:2003-02-06
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