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:
“The sucking milk from this our body sends through
jolts of light; the son, the father,
sharing mothers joy
That brings a softness to the flower of the awesome
open curling lotus gate I cup and kiss”
—Gary Snyder (b. 1930)
“The ability to secure an independent livelihood and honorable employ suited to her education and capacities is the only true foundation of the social elevation of woman, even in the very highest classes of society. While she continues to be educated only to be somebodys wife, and is left without any aim in life till that somebody either in love, or in pity, or in selfish regard at last grants her the opportunity, she can never be truly independent.”
—Catherine E. Beecher (18001878)