Local company reaches $500,000 in giving

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

HUNTSVILLE, Ala - Five local non-profits were granted the gift of funding on Friday from Venturi Aerospace in Huntsville. Venturi has been pouring money back into the community for nearly a decade through the Brighter Day Fund.

"Some are to organizations that everyone knows, and some are to small organizations. We decided when we created the fund that we would keep the money local," said Derek Johns, Human Resources Representative with Venturi.

The Brighter Day Fund was created in 2007 by Venturi’s CEO Mike Alvarez in an effort to give back to the community that's given them so much. "A spirit of giving starts with the leadership, and it's infectious," said Johns.

Today, it's completely employee funded. They've given 115 grants to 51 different non-profits since 2007. After Friday’s give away of $20,000, they have officially given $500,000 back to the community. "We're proud of it and also humbled by it. There are so many needs in this community and to help people that most need our help, it makes a big difference," said Johns.

Their giving won't stop at this milestone though. Instead, they hope it grows as their business does.

This year's recipients were the Greater Huntsville Humane Society, Big Brothers Big Sisters, CASA of Madison County, The Ark of Madison County, and Impact Alabama.

Venturi gives all of the money donated by employees away every quarter, minus 5 percent. They keep that money in a reserve to give out in the event of a disaster striking.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.