A computer-implemented method and system for electronic gift giving. The method includes providing an internet site for access by a giver via a giver device, prompting the giver to enter giver identification information, and storing the giver identification information in a data store. The giver is prompted to enter recipient information, and the recipient information is stored in the data store. The giver is prompted to select from a plurality of composition templates, and create a composition based on the selected composition template. The giver is prompted to enter a value of a monetary gift, and the entered value is stored in association with the created composition for delivery to a recipient. An embodiment of the invention may include interest being accrued based on the value of the monetary gift. In another embodiment, at least one sponsor pays a fee for an advertising message to appear in the composition.