PORTLAND, Ore. – (December 24, 2013) – A month-long corporate challenge has resulted in about 75 tons of food for Oregon Food Bank (OFB) from the rapidly growing financial services firm Aequitas Capital.
The 130-person Lake Oswego-based firm, which specializes in alternative investments such as corporate private credit, formed teams around company executives for a four-week campaign that featured incentives, special challenges and engaging neighbor businesses.
In all, cash and food donations equated to about three fully loaded semi-trucks, enough for OFB and its partners to provide 150,000 meals. Additionally, the Aequitas Capital staff spent approximately 64 hours volunteering at OFB and OFB West.
“Aequitas Capital’s effort is a stellar trifecta for Oregon Food Bank. Not only did employees volunteer their time, they also sourced and delivered “most wanted foods” and donated cash to allow OFB to purchase in bulk necessary items for hunger relief. It is great to see companies like Aequitas make a difference by pursuing creative ways to give back while having fun and building morale in their own company and neighborhood along the way,” said Sarah Schirmer, Corporate and Foundation Relations Developer, Oregon Food Bank.
During its most recent fiscal year, Oregon Food Bank distributed 44.2 million pounds of food to 953 agencies across Oregon and Southwest Washington, and volunteers donated nearly 150,000 hours to these efforts. Information about running a food drive, making donations or volunteer opportunities is available at www.oregonfoodbank.org.
“As we enjoy another record year of growth and financial success, we consider it a privilege and responsibility to share our success with those who need a boost,” said Bob Jesenik, Chief Executive Officer of Aequitas Capital. “We are especially delighted to partner with a highly-efficient organization where 94 cents of every dollar directly supports programs that fight hunger and its causes.”
Founded in 1993, Aequitas Capital is an alternative asset management company with proven expertise in finance, management and technology. Aequitas sources, structures and implements private credit and private equity solutions to benefit the individuals and institutions that trust us as a valuable investment partner. A team of more than 130 employees with cross-functional experience supports our firm, which is headquartered in Lake Oswego, with offices in Jacksonville, San Diego and New York. More information is at www.aequitascapital.com