DALLAS--(BUSINESS WIRE)--Pillar Income Asset Management and Transcontinental Realty Investors held their third annual “Back to School” supplies donation event in support of Single Parent Advocate organization of Dallas Texas.
Employees again donated various school supply items and backpacks in response to the organization’s annual backpack giveaway. However, “This year was even better than the last,” said Chris Childress Director of Human Resources. “Several of our employees volunteered to provide handwritten notes for each of the kids. Giving each child an extra word of encouragement for the new school year really made our participation even more meaningful.”
“Pillar stepped up again this year, and donated all 75 clear backpacks needed to meet our donation goals,” said Stacie Poythress, Single Parent Advocate’s Founder and President. “They also donated the use of an office suite to stage our donations and distribute backpacks. We’re so very thankful for Pillar’s continued support.”
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. 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 Abode Properties Inc.