Pillar Income Asset Management Donates School Supplies to Single Parent Advocate

DALLAS--()--Pillar Income Asset Management and Transcontinental Realty Investors held their second annual “Back to School” supplies donation event in support of Single Parent Advocate organization of Dallas, Texas.

Employees donated over 200 various school supply items and backpacks in response to the organization’s annual backpack giveaway. “Our employees came through again this year,” said Chris Childress, Vice President of Administration. “We collected a ton of supplies, several monetary donations, and many of us volunteered to organize items for distribution.”

When Single Parent Advocate discovered it still needed over one hundred 3 ring binders to meet its donation needs, Gene E. Phillips stepped in with a big donation. He purchased all 135 binders needed to complete the backpacks. “A special thank you to Don Weslowski with Regency Office and Promotional Products for giving me such a great deal on the 3 ring binders,” commented Mr. Phillips.

Chris Bunkoff, Single Parent Advocate’s Executive Director, accepted the donation, “I want to thank you for getting on board with our effort to bless kids from single parent homes. I appreciate your care for these families. We are so very grateful for your donation of the use of your 2010 Valley View Lane property again this year. This gave our volunteers a large safe air conditioned space to stuff backpacks and use as a distribution center.”

Single Parent Advocate is a non-profit organization committed to educating, equipping and empowering single parents with resources, practical assistance, emotional encouragement and social networking to better their lives, and those of their children. We are truly blessed to have a growing base of volunteers who selflessly and passionately possess the desire to help single parent families in need.

Transcontinental Realty Investors maintains a strong emphasis on creating greater shareholder value through acquisition, financing, operation, developing, and sale of real estate across every geographic region in the United States. A New York Stock Exchange company, Transcontinental is traded under the symbol "TCI." Transcontinental produces revenue through the professional management of apartments, office buildings, warehouses, and retail centers that are "undervalued" or "underperforming" at the time of acquisition. Value is added under Transcontinental ownership, and the properties are repositioned into higher classifications through physical improvements and improved management. Transcontinental also develops new properties, such as luxury apartment homes principally on land it owns or acquires.

Pillar Income Asset Management, Inc. (www.pillarincome.com) is a Dallas-based real estate management company, which develops and manages in excess of $2.5 billion of real estate for public and private real estate entities. Affiliated companies under management or advisement by Pillar include American Realty Investors, Inc. (NYSE: ARL); Transcontinental Realty Investors, Inc. (NYSE: TCI); Income Opportunity Realty Investors, Inc. (NYSE MKT: IOT); and Regis Property Management, LLC (www.regisinc.com).

Contacts

Pillar Income Asset Management
Chris Childress, 469-522-4275
press@pillarincome.com

Contacts

Pillar Income Asset Management
Chris Childress, 469-522-4275
press@pillarincome.com