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PTDA Foundation Surpasses fund drive goal for 2011.

Press Release Summary:



Support for PTDA Foundation's fundraising efforts during 2011, including annual golf outing, came to nearly $240,000, which marks 6% increase from 2010 levels. Of note, 16 early contributors jump started 2011 campaign with contributions totalling $58,650 in late 2010. Contributors included 212 companies from within power transmission/motion control industry, of which 83 gave for 4 consecutive years, 38 who increased contributions over 2010 their levels, and 29 new contributors.



Original Press Release:



PTDA Foundation Surpasses Fund Drive Goal In 2011



Chicago-Industry support for the Power Transmission Distributors Association (PTDA) Foundation's fundraising efforts during the course of 2011, including its annual golf outing, came to almost $240,000. The Foundation concluded its 2011 fund drive with a 6 percent increase from 2010 levels, according to Fund Drive Chair Barb Ross (Timken Drives LLC). Sixteen Vanguard (early) contributors led the 2011 fund drive effort and helped the PTDA Foundation jump start the 2011 campaign with contributions of $58,650 in late 2010.

Ms. Ross said, "We have again seen extraordinary support from the power transmission industry for PTDA Foundation's work and its initiative, Industrial Careers Pathway® (ICP). PTDA members recognize the importance of building tomorrow's workforce. They are willing to invest to reach, prepare and connect with future employees because they know ICP resources are available to meet today's challenges. We are also pleased that our Alliance Partners - The Industrial Supply Association (ISA) Educational Foundation and the Association for Hose and Accessories Distribution (NAHAD) - continued their strong financial support for the ICP initiative."

The 2012 fund drive kicked off in October at the PTDA's 2011 Industry Summit, with the goal of raising $50,000 in Vanguard contributions and pledges before December 31, 2011. Vanguard contributors enjoy a few special perks due to their early contribution, including special mention in the PTDA Annual Report.

"The early contributors help set the tone for the fund drive, giving them great importance and value," said Fund Drive Vice Chair Brian Short (Kaydon Corporation), who is stepping into the chair role in 2012.

Fund Drive Highlights:

  • Contributors included 212 companies from within the power transmission/motion control industry.
  • Of those companies, 83 have given four consecutive years.
  • Thirty-eight contributors increased their contributions in 2011 over 2010.
  • There were 29 new contributors in 2011.

    The PTDA Foundation, a 501(c)(3) corporation whose work is funded solely by donations, 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, the Industrial Careers Pathway, is designed 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. For more information, call +1.312.516.2100 or visit http://www.ptda.org/Foundation.

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