Alterola Biotech's ALTA Foundation Distributes $108,000 in Community Grants to Support Local Charities
- The ALTA Good Deeds Foundation allocated $108,000 in grants to support community welfare during its recent EDge event.
- Over its history, the foundation has distributed $1.2 million to 211 nonprofits, emphasizing title professionals' generosity.
- ALTA promotes community engagement by encouraging title professionals to advocate for grants, reinforcing social responsibility in the industry.
ALTA Good Deeds Foundation Strengthens Community Support Through Grant Distribution
The ALTA Good Deeds Foundation recently announces the allocation of $108,000 in grants during its EDge event in Louisville, Kentucky. This charitable organization, established by the American Land Title Association (ALTA), aims to leverage the generosity of title professionals to foster meaningful community support. The foundation has been instrumental in promoting social welfare since its inception, having distributed over $1.2 million to 211 nonprofit organizations across the United States. This year's initiative exemplifies their ongoing commitment to local communities and highlights the vital role of the title insurance industry in supporting essential services.
Seventeen grants of $6,000 each are awarded to a diverse range of charities supported by ALTA members, including notable organizations such as the A Bed 4 Me Foundation in Florida and CASA of Graves County in Kentucky. These organizations play essential roles in addressing various social issues, from providing beds for children in need to advocating for vulnerable populations in the legal system. A focus on community resilience is evident through the support given to the Housing Development Alliance, which receives funds to assist in recovery efforts following devastating floods in southeastern Kentucky. This targeted approach underscores the foundation's dedication to not only supporting immediate needs but also fostering long-term recovery and stability in affected regions.
Mary O'Donnell, Chair of the Foundation Board and president of Westcor Land Title Insurance Co., emphasizes the transformative impact of the foundation's efforts, stating that they convert the generosity of title professionals into tangible support for communities. Similarly, ALTA CEO Diane Tomb highlights the foundation's role in extending the industry's commitment to homeownership and community service beyond traditional boundaries. By encouraging title insurance professionals to advocate for and apply for grants on behalf of recognized nonprofits, the foundation actively engages industry stakeholders in philanthropy, reinforcing the importance of social responsibility in the title insurance sector.
In related news, the ALTA Good Deeds Foundation continues to encourage title professionals to get involved in their local communities. The foundation's initiatives not only contribute to immediate relief efforts but also foster a culture of giving within the title insurance industry. By bridging the gap between professional expertise and community needs, the foundation sets a precedent for how industries can play a crucial role in social welfare.
The ALTA Good Deeds Foundation stands as a testament to the positive impact that industry professionals can have on their communities, highlighting the potential for collaborative efforts to address pressing social issues effectively.