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:
“You, mistress,
That have the office opposite to Saint Peter,
And keeps the gate of hell!”
—William Shakespeare (15641616)
“Remember that whatever knowledge you do not solidly lay the foundation of before you are eighteen, you will never be master of while you breathe.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (16941773)