Tahoe South Press Releases
South Shore Nonprofits Receive $78,974 From American Century Championship
Nov. 8, 2018 (SOUTH LAKE TAHOE, Calif. / Nev.) – Tahoe area nonprofits received $78,974 in donations from the Lake Tahoe Visitors Authority and American Century Championship as a result of funds raised during the 2018 celebrity golf tournament at Edgewood Tahoe. (www.tahoesouth.com) (www.americancenturychampionship.com)
Nonprofits were presented with funds at the Lake Tahoe Visitors Authority’s Nov. 8 board meeting.
“The continued support from our partners American Century Investments and NBC Sports means so much to this community,” said Carol Chaplin, president and CEO of the Lake Tahoe Visitors Authority. “These contributions benefit so many in the South Shore a long time after the tournament ends.”
Grants encompassed four categories awarding increments of $10,000, $5,000, $2,000 and $1,000 based on: 1) Organizational Sustainability – significant impact on long term growth and stability; 2) Organizational Impact – increasing constituents served; 3) Community Need – distribution of services or support; and 4) Scholarships – for individual participation.
Grants ranging from $1,000 – $10,000 were distributed to Barton Foundation, Boys and Girls Club of Lake Tahoe, Bread & Broth 4 Kids, CASA El Dorado, Christmas Cheer All Year, Douglas County Sheriff's Search and Rescue, Heavenly Patrol Fund, Juvenile Service Council of El Dorado County, Kahle Community Center, Kelly Ridge, Live Violence Free, Sierra House PTA, Son's of the American Legion, South Lake Tahoe Cancer League, South Lake Tahoe Family Resource Center, South Lake Tahoe Moose Lodge 1632, South Tahoe High School, Tahoe Arts Project, Tahoe Coalition for the Homeless, Tahoe Douglas Senior Center, Inc, Tahoe Home Connection, Tahoe Senior Plaza, Tahoe Youth & Family Services, the Sugar Pine Foundation, Whittell Boosters Club and Zephyr Cove Ski Club.
“American Century Investments makes it a priority to give back to a community that provides so much during the celebrity golf tournament,” said Kelly Ness, American Century Investments vice president, financial advisor consultant. “Local support and involvement are what makes this event so special.”
To be considered, local organizations were required to meet 501(c)3 certified nonprofit guidelines, provide an outline of their mission and describe how the donation would be used and indicate its impact in the community.
The LTVA in partnership with NBC Sports and American Century Investments previously directed an additional $66,230 through on-site volunteer organizations and other efforts during tournament week. Recipients included the Lake Tahoe Educational Foundation, Lake Tahoe Community College Foundation, Tahoe Douglas Rotary Club, South Lake Tahoe Booster Club, and SOS Outreach. In total, tournament partners will provide $135,204 to local nonprofits, agencies and schools as a result from the July tournament.
Since 2009, donations exceeding $1.1 million have been distributed to more than 80 local non-profits to assist 10,500+ individuals. In all, 32 Lake Tahoe area nonprofits received donations from ACC this past year.
Since its inception in 1990, the tournament has donated more than $5 million to local and national non-profits. The nation’s longest running celebrity golf tournament captured the media spotlight with crowd favorites Tony Romo and Stephen Curry, legends and celebrity competitors. The field included Charles Barkley, Green Bay Packers quarterback Aaron Rodgers, Larry the Cable Guy, and Hall of Famers and All-Stars representing major sports.
Contact: Jenn Boyd or Phil Weidinger, Weidinger Public Relations, 775-588-2412 or firstname.lastname@example.org.
About American Century Investments
Tournament title sponsor American Century Investments is a leading global asset management firm focused on delivering superior investment results and building long-term client relationships while supporting research that can improve human health and save lives. Founded in 1958, American Century Investments’ 1,300 employees serve investment professionals, institutions, corporations and individual investors from offices in New York; London; Hong Kong; Sydney; Mountain View, Calif.; and Kansas City, Mo. Jonathan S. Thomas is president and chief executive officer and Victor Zhang chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its profits to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization. The Institute, which is the official charity of the American Century Championship, owns more than 40 percent of American Century Investments and has received dividend payments of $1.4 billion since 2000. For more information about American Century Investments, visit www.americancentury.com.
About the Lake Tahoe Visitors Authority
Designated the “America’s Best Lake” by USA TODAY readers (2012), Tahoe South combines the distinctive appeal of two worlds: spectacular natural beauty and a modern tourism destination with an array of outdoor recreation, entertainment, nightlife and gaming. Tahoe’s timeless splendor and an emerging economic diversity toward health and wellness, green business practices and sustainability continue to define its inimitable personality. For information about lodging, recreation and family packages at Tahoe South, call 1-800-288-2463 or log onto www.TahoeSouth.com.