We’re pleased to announce that the Sundt Foundation helped 45 nonprofit organizations fulfill their missions last quarter by giving them more than $98,000 in grants. Our employee-owners were also generous with their time: more than 400 volunteer hours were spread over dozens of organizations that work to improve the lives of disadvantaged children and adults.
The Sundt Foundation was established in 1999 by Sundt as a way for its employee-owners to give back to the communities in which they work. In addition to funding grants every quarter, the Foundation also sponsors volunteer activities to benefit nonprofit organizations. The grant money comes primarily from contributions made by Sundt employees, which are matched dollar-for-dollar by the company.
Since its inception the Foundation has made grants totaling more than $6.4 million to hundreds of worthy organizations. Approximately 75 percent of the money goes to help disadvantaged children, with the remaining 25 percent dedicated to community issues. Employees can also earmark their donations for charitable organizations that benefit members of the military and their families.