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Charitable giving by automobile dealers hits new record in 2005

November 17, 2010

Charitable giving by new car and light truck dealers reached a record level of more than $4.1 million in 2005, according to the National Automobile Dealers Charitable Foundation. 

"The overwhelming response by America’s dealers to help those in need is a testament to the extraordinary generosity of the men and women who make up our industry," said Robert P. Mallon, NADCF chairman. "Dealers have a long and proud history of charitable giving and service that goes far beyond the showroom,and that trend is only growing."

 

To assist dealership employees affected by the recent hurricanes, NADCF set up an emergency relief fund that has generated contributions totaling more than $3.8 million. They include donations by state and metro dealer associations, individual dealers, the National Automobile Dealers Association and others. More than $3.5 million have been distributed to date to help over 6,300 dealership employees in the affected Gulf coast region states.

 

In addition to hurricane relief, NADCF continued to assist communities in a wide variety of ways in 2005, including:

 

  • Providing $89,000 in financial support to educational institutions, emergency medical organizations and institutions involved in economic education through the foundation’s Ambassador’s Program. To be recognized as an Ambassador, a dealer, company, association or any individual would contribute $10,000 to the NADCF, which in turn guarantees that a grant of at least $1,000 will be presented every three years in perpetuity to an entity the Ambassador selects.
  • Providing 153 manikins worth nearly $120,000 for cardiopulmonary resuscitation training for a wide variety of health, civic and educational organizations;
  • Extending scholarships worth $57,000 to families of the victims of the Sept. 11, 2001, terrorist attacks;
  • Granting $56,000 to private/independent colleges and universities to help students with emergency needs and to further the study of ethics;
  • Helping people with disabilities through canine assistance dogs, valued at $30,000.
 

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