Greystar Philanthropic Initiative Raises $250,000 for St. Jude
October 18, 2010
GreystarGIVING 2010 Campaign Leverages Giving Power of More than 170,000 Team Members and Residents
CHARLESTON, SC – October 18, 2010 – Greystar Real Estate Partners formally announced, today, that over the course of six months, their 2010 national philanthropic initiative raised $250,000 for St. Jude Children’s Research Hospital®. The campaign’s original goal of $50,000 was shattered within the second month of the fundraising drive, which included a regional competition between the Greystar network of 630+ properties and offices nationwide.
Photo at right: On September 15th, representatives from Greystar’s SoutheasternRegional Office in Florida, which won the regional fundraisingcompetition, joined Greystar COO Bill Maddux in Memphis to present acheck to St. Jude.
“First and foremost, wow! While we all had lofty goals for GreystarGIVING, our team members truly went far past the distance in order to return with this stunning and amazing grand total,” said Bob Faith, Chairman and CEO of Greystar. “St. Jude is an institution that has a long track record of groundbreaking research and superior care for children and families fighting pediatric cancer. We are very excited to be able to help fill their coffers in such a dramatic fashion and are lucky that we could help raise awareness around the important work that St. Jude does each and every day.”
GreystarGIVING involved a number of components to encourage both team members and residents to donate. An internal competition was established challenging Greystar’s four regional headquarters to see who could raise the most money. Additionally, a St. Jude web link was established to facilitate easy and safe tax-deductible donations. Donations were also collected through the Greystar website and the company’s internal team portal. Nationwide, Greystar offices and properties developed individual ways of encouraging involvement, including car washes, pool volleyball tournaments, and community Olympics and meals.
“We are so thankful that the team members at Greystar embraced our mission in such a huge way,” said Richard C. Shadyac, Jr., CEO of ALSAC, the fundraising organization of St. Jude. “It’s incredible support like this that allows us to continue the lifesaving work being done at the hospital and ensure that no child is ever turned away because a family can’t pay.”
About St. Jude
St. Jude Children’s Research Hospital is internationally recognized for its pioneering work in finding cures and saving children with cancer and other catastrophic diseases. St. Jude is the first and only pediatric cancer center to be designated as a Comprehensive Cancer Center by the National Cancer Institute. Founded by late entertainer Danny Thomas and based in Memphis, Tenn., St. Jude freely shares its discoveries with scientific and medical communities around the world. St. Jude is the only pediatric cancer research center where families never pay for treatment not covered by insurance. No child is ever denied treatment because of the family’s inability to pay. St. Jude is financially supported by ALSAC, its fundraising organization. In 2010, St. Jude was ranked the most trusted charity in the nation in a public survey conducted by Harris Interactive, a highly respected international polling and research firm. St. Jude was also named the nation’s top children’s cancer hospital in the 2010-11 Best Children’s Hospitals rankings published by U.S. News & World Report. For more information, go to www.stjude.org.
About Greystar
Greystar Real Estate Partners is a fully integrated company offering expertise in multifamily management, development and investment throughout the United States.
Greystar was founded in 1993 with the intent to become a provider of world-class service in the multifamily real estate business. Greystar’s innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. Because the Greystar business model includes both investment- and service-oriented businesses, the company is able to maintain a constant presence in local markets and create value in all phases of the real estate cycle.
Headquartered in Charleston, S.C., Greystar manages 170,000 units in 75+markets with a team that is more than 4,000 strong and growing. Greystar has invested approximately $3 billion in multifamily investments since its inception.
