On Saturday, December 17th, Roxanna shareholder’s unanimously voted to pass a motion for the formation of the Roxanna Foundation and elected Karen Mitchell as its Director.
The Roxanna Foundation will serve as a charitable entity that will provide matching donations to the charity of choice for Roxanna shareholders and employees so long as it has a 501c3 status.
“The idea is to amplify the donations of our employees and shareholders while still giving back ourselves in a manner that will do the most good,” explains Roxanna Chairman, Marlan Downey.
Karen Mitchell, a Roxanna shareholder herself, was elected unanimously to head up the formation of the new entity as well as oversee all the requests for matching donations.
“I’m thrilled to be a part of this!” Says Mitchell. “Philanthropy has always been important to me. The Roxanna Foundation will do a lot to target, encourage and amplify (times two!) shareholder and employee donations.”
Though still in its formative stage, the Roxanna Foundation should be up and running by the third quarter of 2012.
Photo courtesy of Marea Downey Photography.
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