PTDA Foundation surpasses fund drive goal in 2009.
Press Release Summary:
Reflecting industry-wide support for PTDA Foundation's core Industrial Careers Pathway® (ICP) initiative, a total of $216,733 was raised through 2009 fund drive. This number exceeded its set goal of $215,000, and the 2009 Fund Drive was bolstered in part by a new partnership program for ICP. For the first time, PTDA Foundation offered other associations opportunity to help set strategy for ICP initiative in exchange for their financial and functional commitment.
Original Press Release:
PTDA Foundation Surpasses Fund Drive Goal in 2009
Chicago-Oct. 23, 2009-Reflecting industry-wide support for the Power Transmission Distributors Association (PTDA) Foundation's core initiative, Industrial Careers Pathway® (ICP), the PTDA Foundation to-date has raised a total of $216,733 for its annual fund drive in 2009, slipping past its set goal of $215,000.
The 2009 Fund Drive was bolstered in part by a new partnership program for ICP rolled out at the beginning of the year. For the first time, the PTDA Foundation offered other associations an opportunity to help set the strategic for the ICP initiative, in exchange for a financial and functional commitment to the program.
As a result of the program, six Alliance Partners and three Alliance Supporters signed on to ICP, including:
ICP Alliance Partners:
ICP Alliance Supporters:
These new partnerships combined with the long-standing commitment of PTDA members to maintain momentum in a recessionary year.
"In a year when executives faced tough budgetary decisions, the continued strong support of PTDA members and industry partners is both inspiring and energizing," said PTDA Foundation Executive Director Phyllis Russell. "With these results, we know that our peers are joined together in preparing for our industry's future."
Fund Drive Highlights:
The PTDA Foundation is pleased to recognize the following major donors:
Investor Contributors ($10,000 or more)
Stakeholder Contributors ($5,000-$9,999)
Emerson Industrial Automation
Emerson/U.S. Motors
Benefactor Contributors ($2,500-$4,999)
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.
Contact:
Phyllis Russell, PTDA Foundation Executive Director
+1.312.516.2100
prussell@ptda.org