CHICAGO, 25 August 2021 / PRNewswire / – International financial services firm Hilco Global, the world’s leading authority on asset valuation, monetization, advisory and capital solutions, today announced it has donated more of $ 1,200,000 value of new sportswear to the Salvation Army in Chicago, New Jersey, Boston, Philadelphia cream, and the Alexandria Redevelopment Housing Authority in Alexandria, Virginia. The 47,000 new clothes and accessories were purchased from Fanatics and include items such as jerseys, t-shirts, hats, masks and other essential clothing that is needed to help families in need as they prepare to send their children to school. The items were distributed at back-to-school events that took place throughout August in at-risk communities. The events have benefited struggling families during the ongoing COVID-19 pandemic by giving them basic necessities as they prepare to send their children back to in-person learning.
This donation initiative is part of Hilco Global’s ongoing philanthropic program, “Hilco helps“, by supporting causes and non-profit organizations that seek to improve lives and maximize the potential of the world’s most important assets: human assets. Other philanthropic projects that Hilco helps recently completed include the provision of over $ 2,000,000 retailing new winter coats and accessories to families at risk of Chicago, Boston, New Jersey, and Philadelphia cream and mentoring several inner-city youth to develop valuable real-world experience to help break the cycle of poverty.
“The donation of Fanatics sportswear to families in need is the latest example of our commitment to philanthropy,” said Jeffrey B. Hecktman, CEO and Founder of Hilco Global. “It is important for us to help children and families in at-risk communities with the clothes they need to start the school year off right. We appreciate Fanatics’ partnership and the work the Salvation Army and ARHA have done to create such impactful back-to-school community events. “
Joe Bozich President fanatics said, “We are delighted to partner with Hilco Global and participate in their philanthropic work and help local communities by providing new Fanatics clothing to those in need. “
“We are extremely grateful for Hilco Global’s generous donation, as we know it will help families who are struggling to stay at home, put food on the table and provide for their children,” said declared Commissioner Kenneth G. Hodder, National Commander of the Salvation Army. “With one in seven children already living in poverty and the end of the moratorium on upcoming evictions, thousands of families could find themselves homeless in the months to come. Access to free clothing and school supplies will help parents focus their resources on other expenses, like rent and utilities, while getting their children off to a good start to the new school year. “
Gaynelle Diaz, Director of Resident and Community Services at the Alexandria Housing and Redevelopment Authority said: “The ARHA is delighted to receive this generous donation of sportswear from Hilco Global. Clothing is a must have item and a welcome addition to the backpack and school supplies we provide as it is one less thing that families in the community have to worry about purchasing while they prepare their children for the school year. “
On solutions for undervalued and high potential businesses to resolve complex and stressful situations and improve long-term business value. Hilco Global operates as a holding company made up of over twenty specialized business units that help companies understand the value of their assets and, if necessary, monetize the value. Hilco Global has nearly 4 decades of successful experience as an advisor, agent, investor and / or principal in any transaction. Hilco Global strives to achieve the best possible outcome by aligning the interests of clients and providing them with strategic information, advice and, in many cases, the capital required to complete the transaction. Hilco Global is based at Northbrook, Illinois and has 700 professionals operating on five continents and has large offices located in Boston, Chicago, new York, and Philadelphia cream within the United States.
On Hilco helps: Hilco helps (www.hilcohelps.com) is a global initiative by Hilco Global to support causes and nonprofit organizations that help improve lives and maximize the potential of the world’s most important assets: human assets. Through many Hilco helps programs, the organization strives to improve the lives of those in need (often children) in underserved communities who need help to maximize their full potential. Hilco helps provides millions of dollars in support (through in-kind donations, direct donations, and marketing / sponsorship efforts) to nonprofit groups that do exceptional work. In addition to direct financial support, company employees donate their time to relief efforts in disaster areas, churches, schools, etc., across the country and provide internship opportunities to mentor and involve young people from all over the world.
About the Salvation Army: The Salvation Army helps more than 30 million Americans overcome poverty, drug addiction, and economic hardship each year through a range of social services. By providing food for the hungry, emergency relief for disaster survivors, rehabilitation for those suffering from drug and alcohol abuse, and clothing and shelter for those in need, the Army of the Hi is doing the most good in 7,600 operations centers across the country. In times of disaster, 100 percent of designated donations to The Salvation Army are used for immediate response and long-term efforts. In the very first list of “America’s Favorite Charities” by The Chronicle of Philanthropy, The Salvation Army ranked as the largest privately funded nonprofit in the world. country. For more information, visit SalvationArmyUSA.org.
Hilco Mondial: Hilco Mondial (www.hilcoglobal.com) is a privately held, diversified financial services company and the world’s leading authority on maximizing asset value for healthy and struggling businesses. Hilco Global Financial Services leverages a unique blend of deep restructuring and advisory experience with capital and capital investment solutions. Hilco Global delivers tailor-made
About the Alexandria Redevelopment and Housing Authority: For more than 80 years, the Alexandria Redevelopment and Housing Authority has provided affordable housing, economic opportunity and a decent living environment without discrimination for the citizens of Alexandria. Our mission is to be an industry leader in the development and management of model mixed-income communities that provide residents with the ability to achieve self-sufficiency and participate in the economic opportunities made possible through this model. .
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SOURCE Hilco Mondial