Nonprofit organizations in Philadelphia that provide urgent, essential services will receive emergency funding from The Beech Companies, Inc. through its Alston Beech Foundation.
Beginning this week and for several weeks going forward, Beech will make $1,000 contributions to selected nonprofits to help keep them running during this national emergency.
“As Beech celebrates our 30th anniversary this year, the worldwide coronavirus crisis is a reminder of our purpose and mission from day one of providing service to the community,” said Dr. Kenneth Scott, Beech president and CEO. “We are asking that other businesses and organizations join us in making donations to the various organizations we fund each week. These are serious times that require a timely, unified, compassionate response.” The first five organizations to receive a $1,000 donation are:
Sunday Breakfast Rescue Mission
302 N. 13th Street, Philadelphia, Pa. 19121
Philadelphia Corporation for Aging
642 N. Broad Street, Philadelphia, Pa. 19130
3616 S. Galloway Street, Philadelphia, Pa. 19148
Share Food Program
2901 W. Hunting Park Avenue, Philadelphia, Pa. 19129
Walker Junior Unity Center
1901 Susquehanna Avenue, Philadelphia, Pa. 19121
Small businesses that need help staying afloat should contact Beech Business Bank, which offers lines of credit to small businesses. It provides capital for existing businesses, new entrepreneurs and neighborhood organizations involved in community economic development.
Since 1990, Beech Business Bank has supported more than 900 businesses. For more information, visit: www.beechinterplex.com/beech_businessbank.asp.
The Alston Beech Foundation provides small program grants to non-profit organizations working to strengthen communities in North Philadelphia by providing viable programs and services to its residents. Since its inception, the foundation has awarded close to 500 grants to non-profit, community-based organizations and 300 college scholarships.
Founded by Dr. Bernard C. Watson and the late Floyd W. Alston in 1990, Beech has successfully used the concept of social enterprise to reimagine and revitalize disadvantaged communities in Philadelphia by utilizing business principles and strategies to solve social problems with the ultimate goal of empowerment and self-sustainability.
Located on Cecil B. Moore Avenue in the heart of North Central Philadelphia, The Beech Companies has leveraged over $2 billion in community reinvestment funds in North Philadelphia communities through the four primary organizations under its operation: Beech Interplex, Inc., Beech Business Bank, Beech Community Services and the Alston Beech Foundation.