MBA Opens Doors Foundation Kicks Off 2021 Fundraising Season with More than $2.7 Million in Donations
The MBA Opens Doors Foundation announced it received $2.71 million in corporate and individual donations during its two-day FY 2021 fundraising campaign, which began on September 8.
Proceeds will support the Foundation’s mission of helping vulnerable families with critically ill or injured children stay in their homes while their child is in treatment.
During the two-day fundraising campaign, Opens Doors received $2.35 million in corporate pledges along with $363,000 in personal pledges, for a total commitment of $2,713,000 in support. Nine companies each pledged $100,000 or more in support of the foundation: CMG Financial, Quicken Loans, SWBC, Radian Guaranty, Arch MI, EPM, Freedom Mortgage, PennyMac Financial Services and PrimeLending. An additional 12 companies pledged between $50,000 and $75,000 in support.
“We launched our FY21 fundraising campaign with a simple but compelling theme: Strength, Compassion, Support,” said Debra W. Still, CMB, President and CEO of Pulte Mortgage, and Chairman of the Foundation’s Board of Directors. “And in keeping with this theme, champions in the real estate finance industry quickly stepped up and delivered on behalf of Opens Doors families. I am grateful for the outpouring of support – especially now, when families are struggling during these unprecedented times.”
Corporate and individual donors who commit to supporting the Foundation at the $25,000-or-more level before October 11, , will be recognized at MBA’s 2020 Virtual Annual Convention & Expo, October 19-21.
“We are off to a fantastic start for FY21, and I want to thank Opens Doors Chairman Deb Still, as well as our Opens Doors’ champions who are committed to our mission and our families,” said Deborah Dubois, President of the MBA Opens Doors Foundation. “In addition to the record-setting donations, the most inspiring part of our FY21 campaign was the personal pledges and expressions of support and confidence in our work. This commitment reflects the industry’s long-standing value of giving back to the communities in which we all live and work.”
The Opens Doors Foundation, through its Home Grant Program, provides housing payment relief in times of personal crisis. The Home Grant Program has become a critical part of a family’s support structure, especially when a parent or guardian must take unpaid leave to be with a child. Grants of up to $2,500 are made monthly to families in need of mortgage or rental payment assistance.
For more information on Opens Doors’ mission, click here.
Committed to helping families around the country stay in their homes while a child is being treated for a critical illness or injury, the Mortgage Bankers Association established the MBA Opens Doors Foundation to help families in need meet their mortgage and rental obligations. MBA generously pays 100% of foundation’s administrative expenses so that 100% of every donation goes to a family in need. Potential grant recipients are identified through the foundation’s ongoing relationship with children’s hospitals in Akron, OH; Indianapolis, IN; Boston, MA; Dallas-Fort Worth, TX; Denver, CO; Houston, TX; Northern and Southern CA; Philadelphia, PA; and Washington, D.C. MBA Opens Doors is a 501(c) (3) organization, and all contributions are tax deductible. For more information about the foundation or to make a donation, visit www.mbaopensdoors.org.
