PASADENA, Calif.--(BUSINESS WIRE)--Over 160 teams competed in the fifth annual Bolton Foundation “Throw Down,” a fundraising cornhole tournament at Rose Bowl Stadium that raised over $180,000 for California nonprofits.
The event, created by the philanthropic arm of insurance broker Bolton & Company, invites business partners, colleagues and employees to participate in the organization’s largest annual fundraising effort.
“This is our chance to give back to those who have given so much to the communities where we work, live and grow,” said Mike Morey, Bolton Chief Operating Officer and Foundation Chairman. “It’s a lot of fun for an amazing cause, and everyone who takes part can leave knowing that they have helped empower some incredible organizations.”
Money raised during the event through participation fees and sponsorship opportunities is used to provide grants to select nonprofits each year.
Grant recipients are selected by the Bolton Foundation Committee based on their alignment with the Foundation’s grant funding priority areas of community development, education, youth services and multiculturalism.
This includes the Bolton Foundation Beacons, four annually selected nonprofit organizations that each receive a $10,000 grant in recognition and support of the outstanding philanthropic work they do within their community.
This year, A Window Between Worlds, Child Advocates of Silicon Valley, Get Lit – Words Ignite, and Operation Healing Forces were recognized as the 2019 Bolton Foundation Beacons.
In addition, the Bolton Foundation recognized the following nonprofit grant recipients during the event:
- Culinary Arts Kids Eat
- Echoes of Hope
- Family Promise of San Gabriel Valley
- Human IT
- Lighthouse Counseling & Family Resource Center
- Maryvale
- Operation Save the Streets
- Reading Partners
- The Prentice School
- Therapeutic Living Centers for the Blind
“The nonprofits recognized during the ‘Throw Down’ are local heroes,” said Bolton President and CEO Steve Brockmeyer. “They do incredible work throughout the year and help change lives every day. This is our way of celebrating their success and investing in their efforts so that they can continue to thrive.”
To date, The Bolton Foundation “Throw Down” has raised over $700,000 for nonprofits. Bolton closes its offices the day of the event, which is entirely employee-volunteer driven.
For more information about The Bolton Foundation and to learn how to nominate a nonprofit, visit boltoncofoundation.org
About The Bolton Foundation: Launched in 2014, The Bolton Foundation is a 501(c)(3) nonprofit organization operating as a component fund of the Pasadena Community Foundation. The Foundation’s mission is to empower those who serve others by providing grants to nonprofit organizations that address community development, education, youth services and multiculturalism within our local communities. Since its inception, the Foundation has raised more than $700,000 for California nonprofits.
About Bolton & Company: Established in 1931, Bolton & Company is one of the nation’s largest employee-owned insurance broker agencies providing clients worldwide with insurance and risk management services, employee benefits and financial products. As a partner of Assurex Global, Bolton employs over 180 insurance professionals and places over $600 million in annual premiums on behalf of their clients. Learn more by visiting www.boltonco.com.
