The National Association of Electrical Distributors (NAED), St. Louis, recently received four $100,000 donations to its Education and Research Foundation. Elliott Electric Supply, Nacogdoches, Texas; Dakota Supply Group, Fargo, N.D; Border States, Fargo, N.D.; and the L & R Anixter Foundation, Chicago, each made $100,000 donations.
“The Foundation has established a track record of excellent work on educational products for our industry,” said Bill Elliott, president of Elliott Electric Supply and chairman of the NAED Education and Research Foundation. “Taking the next logical step to select and fund research is absolutely necessary if we are going to remain the preferred channel to the market.”
“Training is a significant element of our corporate culture here at our company,” said Ben Herr, chair-emeritus of NAED and CEO of Dakota Supply Group. “Highly trained and educated associates distinguish electrical distributors from alternate channel suppliers. This investment will not only benefit our associates here at our company, but will also strengthen NAED and its membership.”
Said Tammy Miller, executive vice president of Border States, “We firmly believe that the work of the NAED Education and Research Foundation is critical to the growth and development of our industry and wholeheartedly support the Foundation's efforts.”
The donations will become part of an endowment fund for the NAED Education and Research Foundation. The principal amount of the endowments will remain untouched, while the interest will be used to commission future projects and studies. The $100,000 donors will have permanent positions on the Channel Advantage Partnership Council, which will help select future educational programs and research projects.
For information about contributing to the NAED Education and Research Foundation endowment, contact Bill Elliott at (936) 569-1184 or firstname.lastname@example.org.
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