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NADA foundation doles $1.03 million from Survivors Relief Fund

November 23, 2010
The National Automobile Dealers Charitable Foundation this year bestowed $1.03 million-the foundation's largest single donation ever- to establish the NADCF Survivors Relief Fund Scholarship Program, for educational assistance for people directly affected by the Sept. 11, 2001, terrorist attacks. The NADCF contribution will be distributed to two funds. The Families of Freedom Scholarship Fund provides scholarships to spouses and children of persons killed or permanently disabled during the attacks. The Families of Freedom 2: Building Futures Through Education Fund provides scholarships for families who suffered loss of income as a direct result of the destruction or impairment of business in the World Trade Center district. "We are pleased to play even a small part in helping the victims of the Sept. 11 tragedies get back on their feet," said NADCF chairman Robert Mallon."Franchised new-car and -truck dealers nationwide have shown their compassion  and commitment to America by making this contribution possible." The CATA in late 2001 sent $200,000 to an NADCF trust to assist in relief efforts following the attacks. Of that amount, $127,655 came from 50 CATA member companies and their employees. Directors of the CATA voted unanimously to add $72,345 to the donations. The Survivors Relief Fund ultimately raised about $1.7 million. The recent donation disburses the fund. In accepting the NADCF donation, Marilyn Rundell of Scholarship America said, "This generous contribution sends an important message to the victims of the Sept. 11 attacks that people care about their futures." Scholarship America hopes to collect $100 million of education support through gifts from corporations, foundations, individuals and fund-raising events.
 

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