Charity
NASCAR launches charitable foundation
NASCAR Launches Charitable Foundation DAYTONA BEACH, Fla. (Jan. 18, 2006) -- The National Association for Stock Car Auto Racing (NASCAR) announced today the establishment of the NASCAR Foundation, a 501 © (3) non-profit entity that will serve as ...
Edited: Jan 21, 2006, 3:26 AM
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NASCAR Launches Charitable Foundation
DAYTONA BEACH, Fla. (Jan. 18, 2006) -- The National Association for Stock Car Auto Racing (NASCAR) announced today the establishment of the NASCAR Foundation, a 501 © (3) non-profit entity that will serve as the liaison between the sport and all of the charitable causes supported by its different constituents.
The Foundation will review charity requests on a regular basis and over time, will expand its focus beyond the industry-related charities that NASCAR currently supports.
Betty Jane France has been a leader of NASCAR charitable projects, most notably Speediatrics, a NASCAR themed pediatric unit at Halifax Medical Center in Daytona Beach and Homestead Hospital in Homestead, Fla. Mrs. France believes the NASCAR Foundation will be an effective tool in making a positive and lasting impact in the community.
"NASCAR actively supports charities and is devoted to being a leader in the area of public service," said Mrs. France, who will serve as chairman of the NASCAR Foundation Board. "We are fortunate to have a wonderful group of drivers, owners, teams, tracks and sponsors, along with more than 75 million fans that believe in providing opportunities for those in need. The NASCAR Foundation will link all of our charitable initiatives, and working together, we will make a difference."
"NASCAR is committed to helping improve the lives of people and those in need and we are excited about the opportunities for community service through our NASCAR Foundation." said Mike Helton, NASCAR president and NASCAR Foundation Board vice chairman.
Through the NASCAR Foundation, the general public will have opportunities to become involved with the community service projects NASCAR supports. The largest annual charity event supported by the NASCAR Foundation is NASCAR Day. For a $5 donation, participants receive an official NASCAR Day lapel pin and have the opportunity to wear their favorite NASCAR apparel to work. In just its second year, 240,000 pins were sold for NASCAR Day 2005, raising $1.2 million overall. More than 2,500 companies participated in NASCAR Day last year, with the initiative benefiting the three designated charities -- Victory Junction Gang Camp, Speediatrics and Speedway Children's Charities.
The NASCAR Foundation will also work with drivers and their foundations or favorite charity. Kyle Petty, who along with his wife, Pattie, founded the Victory Junction Gang Camp in honor of their late son, Adam, says the NASCAR Foundation will be a great asset to furthering the assistance the sport can provide to those in need.
"From the very beginning, NASCAR has been a tremendous help to the Victory Junction Gang Camp," said Petty, driver of the No. 45 Dodge. "We received so much support from NASCAR when we first announced the camp and it wasn't long after that, the camp became an official NASCAR charity. That really allowed the camp to move to a national level and reach an even greater number of young people. The Victory Junction Gang Camp is up and running today in large part because of NASCAR, its drivers, sponsors and all of the loyal fans who follow the sport. I believe the NASCAR Foundation is only going to continue to improve the Victory Junction Gang Camp and benefit all of the charitable efforts that NASCAR sponsors." The NASCAR Foundation Board will consist of Betty Jane France, chairman; Mike Helton, vice chairman; Jim Hunter, vice president; Todd Wilson, treasurer; and Jennifer F. Bates, vice chairman, secretary. Sandy Marshall, who has served as NASCAR's senior manager for Community Relations for the past three years and is based in Charlotte, will be executive director of the NASCAR Foundation. For more information on the NASCAR Foundation, visit www.NASCAR.COM./foundation.
About the NASCAR Foundation
The National Association for Stock Car Auto Racing, Inc., (NASCAR) launched the NASCAR Foundation in January 2006. The Foundation, headquartered in Charlotte, N.C., is a 501 © (3) non-profit entity that embodies the compassion of the NASCAR Family and its commitment to serving communities. The Foundation supports a wide range of charitable initiatives that reflect the core values of the entire NASCAR Family. The NASCAR Foundation will use strength of the sport and its people to make a difference in the lives of those who need it most. For more information on the NASCAR Foundation, please visit the website: www.nascar.com/foundation.
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