Blanco County News
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GVTC Employee Pledge Drive Raises Nearly Quarter Million
Wednesday, January 15, 2014 • Posted January 17, 2014

The GVTC Foundation raised almost a quarter million dollars during its annual company pledge drive, which is a record setting amount. GVTC’s employees pledged more than $70,000 in payroll contributions for 2014. The GVTC board of directors also committed more than $16,000. Another $10,500 was generated through individual donations.

All these amounts were once again generously matched by GVTC at 150 percent bringing the grand total to over $242,750.

This year’s pledge drive brought in participation from 89 percent of employees, which is also an all-time high. The GVTC board of directors once again had 100 percent participation.

“Thanks to our team members The GVTC Foundation is one of the leading philanthropic organizations in our area,” CEO Ritchie Sorrells, said. “The success of the Foundation is so important to our community and strategic to our company’s long term viability.”

The money will be used to support The GVTC Foundation’s philanthropic giving. In 2013, the Foundation donated more than $243,600 to 82 organizations in GVTC’s service area, which is also the most ever. The Foundation will also award the Ola Armstrong and newly created Ritchie Sorrells scholarships in 2014, which are worth $10,000 each.

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