Avis Budget Charitable Foundation Achieves Milestone
PARSIPPANY, N.J., July 1, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc.
(Nasdaq:CAR) today announced that since the Company became a stand-alone
vehicle rental company in 2006, the Avis Budget Charitable Foundation has
issued more than 250 grants to organizations and causes that serve the
communities in which the Company operates.
"We believe that it's important for our Company and our employees to be active
in our communities, to help improve the lives of our own people as well as our
customers and neighbors," said Ronald L. Nelson, chairman and chief executive
officer, Avis Budget Group. "The Foundation is one avenue through which Avis
Budget Group can give back to our communities, and we are proud that the
Foundation has supported so many outstanding organizations."
The Foundation supports a wide range of organizations, including healthcare
research, veterans' advocacy groups, children's welfare and the creative and
performing arts. In 2012, organizations receiving support from the Avis Budget
Charitable Foundation included the American Cancer Society, the March of Dimes
and the American Heart Association; Covenant House, the Children's Hospital of
Philadelphia and Preschool Advantage, Inc.; Back On My Feet, New Jersey Heroes
and the Wounded Warrior Project; the Community Food Bank of East Oklahoma, the
Morristown, N.J. Community Soup Kitchen & Outreach Center and the Harlem YMCA;
and the Metropolitan Opera Association, New York Botanical Garden, the Mayo
Performing Arts Center and the Alvin Ailey Dance Foundation.
The Avis Budget Charitable Foundation is a private foundation which does not
currently solicit contributions. Applications for grants must include
documentation of IRS 501(c)(3) tax-exempt status, a description of the work
performed by the organization, and details of how the Foundation's grant will
be recognized. Grant applications may be submitted by mail to Avis Budget
Charitable Foundation, 6 Sylvan Way, Parsippany, N.J., 07054. Due to the
volume of applications received, the Foundation is unable to acknowledge
receipt or respond to all grant applicants.
About Avis Budget Group
Avis Budget Group, Inc. is a leading global provider of vehicle rental
services, both through its Avis and Budget brands, which have more than 10,000
rental locations in approximately 175 countries around the world, and through
its Zipcar brand, which is the world's leading car sharing network, with more
than 790,000 members. Avis Budget Group operates most of its car rental
offices in North America, Europe and Australia directly, and operates
primarily through licensees in other parts of the world. Avis Budget Group has
approximately 29,000 employees and is headquartered in Parsippany, N.J. More
information is available at www.avisbudgetgroup.com.
CONTACT: Alice Pereira
Avis Budget Group, Inc. Logo
Press spacebar to pause and continue. Press esc to stop.