MONROE - Beginning this fall, Colony Brands, Inc. will be offering its employees a new way to celebrate their years of service to the company. The company recently announced an Associate Donation Program, which will offer permanent employees the opportunity to designate funds for the company to donate to a pre-determined list of local 501(c)3 organizations.
Going forward, each Colony Brands permanent employee will designate total funds equivalent to $5 for each year of ongoing service to the company. For example, an employee with 20 years of ongoing service will have the opportunity to designate total funds of $100 to approved local organizations. The funds will then be donated by the company, in the name of the employee.
The program should add about $77,000 of support to local organizations, Colony Brands, Inc. President and CEO John Baumann said in a release. "We think the program is a great way to honor our employees for their hard work and support of Colony Brands," Baumann said. "Our employees gain the satisfaction of seeing the fruits of their work get reinvested in worthy organizations in their local community. They also get to choose which organizations will receive the funds."
Baumann added that the dollars donated through the new program will be made in addition to dollars already donated by the company each year. "Colony Brands management has been very involved with a number of local 501(c)3 organizations and charitable giving," he said. "That will continue. This program simply allows our employees to engage in the process of charitable giving. Hopefully, it not only benefits local organizations, but promotes the idea of charitable giving in general."
Colony Brands employees and local organizations will also benefit from the company's good fortune. Since Colony Brands, Inc. performed well in 2010, the company will raise the dollars designated for each employee year of service from $5 to $8 for 2011. "We're fortunate that we have the means to give," Baumann said. "If we can stay healthy as a company and that means we can give a little more, that's fantastic." The $8 per year of service will raise the program's total donation to $123,000 in 2011.
Green County programs in the Colony Brands program for 2011 include the Behring Senior Center; Big Brothers, Big Sisters of Green County; Green County Historical Society Museum; Green County Humane Society; Green County YMCA; Green County Family Advocates; Literacy Council of Green County; Monroe Arts Center; Monroe Excellence in Education Fund; Monroe Fund; Monroe Theatre Guild; National Historic Cheesemaking Center; and Turner Hall of Monroe.
Going forward, each Colony Brands permanent employee will designate total funds equivalent to $5 for each year of ongoing service to the company. For example, an employee with 20 years of ongoing service will have the opportunity to designate total funds of $100 to approved local organizations. The funds will then be donated by the company, in the name of the employee.
The program should add about $77,000 of support to local organizations, Colony Brands, Inc. President and CEO John Baumann said in a release. "We think the program is a great way to honor our employees for their hard work and support of Colony Brands," Baumann said. "Our employees gain the satisfaction of seeing the fruits of their work get reinvested in worthy organizations in their local community. They also get to choose which organizations will receive the funds."
Baumann added that the dollars donated through the new program will be made in addition to dollars already donated by the company each year. "Colony Brands management has been very involved with a number of local 501(c)3 organizations and charitable giving," he said. "That will continue. This program simply allows our employees to engage in the process of charitable giving. Hopefully, it not only benefits local organizations, but promotes the idea of charitable giving in general."
Colony Brands employees and local organizations will also benefit from the company's good fortune. Since Colony Brands, Inc. performed well in 2010, the company will raise the dollars designated for each employee year of service from $5 to $8 for 2011. "We're fortunate that we have the means to give," Baumann said. "If we can stay healthy as a company and that means we can give a little more, that's fantastic." The $8 per year of service will raise the program's total donation to $123,000 in 2011.
Green County programs in the Colony Brands program for 2011 include the Behring Senior Center; Big Brothers, Big Sisters of Green County; Green County Historical Society Museum; Green County Humane Society; Green County YMCA; Green County Family Advocates; Literacy Council of Green County; Monroe Arts Center; Monroe Excellence in Education Fund; Monroe Fund; Monroe Theatre Guild; National Historic Cheesemaking Center; and Turner Hall of Monroe.