Gate Petroleum - Gate Foundation

On September 24, 2008, Gate Petroleum's parent company, Gate Corporation, officially announced the establishment of the GATE Foundation, the philanthropic affiliate of Gate companies. The announcement was made during Gate’s annual charity golf tournament at the Ponte Vedra Inn & Club. The 501(c)(3) non-profit, tax-exempt entity was established “to support efforts and services that nurture and protect the well-being of family and community,” according to its mission statement. Hill Peyton, son of company founder Herb Peyton, was named President and Chairman of the GATE Foundation. The foundation’s first major gift was $100,000 to Big Brothers Big Sisters (BBBS) of Northeast Florida.

The Gate Open in 2009 provided $75,000 for the Police Athletic League in St. Johns and Duval counties.

A total of $36,000 was raised during April, 2010 for the American Red Cross through Gate's in-store, fund-raising campaign, an annual event.

Read more about this topic:  Gate Petroleum

Famous quotes containing the words gate and/or foundation:

    I have come to the conclusion that the major part of the work of a President is to increase the gate receipts of expositions and fairs and by tourists into town.
    William Howard Taft (1857–1930)

    The institution of the family is decisive in determining not only if a person has the capacity to love another individual but in the larger social sense whether he is capable of loving his fellow men collectively. The whole of society rests on this foundation for stability, understanding and social peace.
    Daniel Patrick Moynihan (20th century)