PTDA Foundation raises record amount In 2008.
Press Release Summary:
PTDA Foundation set record for annual fund drive in 2008, raising total of $285,498. Two new $10,000+ level givers, IDC-USA (Partner level) and BC Bearing Group (Investor level), helped push total contributions to 21% increase compared to 2007. Continuing its history of strong support, Tomkins Corporation Foundation made Partner-level contribution - their 3rd at $25,000 level, bringing their total support to $75,000. BDI/BDI Canada combined contribution puts them at Investor level in 2008.
Original Press Release:
PTDA Foundation Raises Record Amount In 2008
Chicago-Oct. 31, 2008-The Power Transmission Distributors Association (PTDA) Foundation set a new record for its annual fund drive in 2008, raising a total of $285,498. Two new $10,000+ level givers, IDC-USA (Partner level) and BC Bearing Group (Investor level), helped push total contributions to a 21 percent increase compared to 2007.
Continuing a history of strong support, Tomkins Corporation Foundation made a Partner-level contribution-their third at $25,000 level, bringing their total support to $75,000. The BDI/BDI Canada combined contribution puts them at the Investor level in 2008.
Highlights from the 2008 Foundation Fund Drive include:
o BC Bearing Group is the first single distributor contribution at the Investor level.
o IDC-USA ran a member fund drive, which raised more than $15,000 from 17 companies.
o A first-ever Pledge-A-Thon raised about $9,000 from smaller donors, up from $3,500 in 2007.
o The Heritage Society solicitation resulted in nine individual leader contributions totaling $5,250.
o Twenty-five individuals, companies and organizations have contributed to the fund drive for the first time (or after a four-year lapse in support), making total donations of $17,400.
o There were 50 increased contributions ranging from $50 to $3,000, totaling $43,079 in increased giving in 2008.
The PTDA Foundation is pleased to recognize the following major donors:
Partner Contributors ($15,000 or more)
o IDC-USA
o Tomkins Corporation Foundation
Investor Contributors ($10,000 - $14,999)
o BC Bearing Group
o BDI/BDI Canada
Stakeholder Contributors ($5,000 - $9,999)
o ASA Education Foundation Inc.
o Baldor Electric Company
o Bearing Belt Chain Co., Inc.
o Emerson
- Emerson Power Transmission
- Emerson U.S. Motors
- Emerson Control Techniques
o Gates Corporation
o IAPD Charitable Foundation
o Martin Sprocket & Gear Inc.
o Motion Industries Inc./Motion Canada
o National Fluid Power Association (NFPA)
o Oilite Bearing Division
o SKF Service Division
o The Timken Company
The PTDA Foundation was founded in 1982 to enhance knowledge, education, professionalism and productivity within the power transmission/motion control (PT/MC) industry.
The Foundation's core initiative, Industrial Careers Pathway®, is a collaboration of industrial distribution associations working together to recruit entry-level employees to the industrial distribution channel; develop programs to teach business, technical and distribution basics; and create affordable resources for current employee development.
The Foundation is a not-for-profit, tax-exempt 501(c)(3) corporation whose operations are funded by tax deductible contributions. Contributions are tax deductible to the full amount allowed by law.
For more information or a complete list of donors, visit www.industrialcareerspathway.org.
