Aimco Donates $105,000 to Assist Military Families through TAPS: Total Contribution Amount Reaches $803,000

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Nov 13, 2014, 05:38 ET

DENVER, Nov. 13, 2014 /PRNewswire/ -- For the seventh consecutive year, Apartment Investment and Management Company (Aimco) has made a substantial donation to The Tragedy Assistance Program for Survivors, which assists family members who have lost a loved one in the line of duty. Aimco's recent donation of $105,000 raised in the 11th annual Charity Golf Classic sponsored by the Aimco Cares philanthropic program, brings the company's total TAPS contribution to $803,000. Aimco Chief Administrative Officer Miles Cortez presented the donation to Bonnie Carroll, Founder and Chairman of TAPS, during a recent ceremony at the Army and Navy Club in Washington, D.C.

Aimco Chief Administrative Officer Miles Cortez and TAPS Founder and President Bonnie Carroll hold a ceremonial check representing Aimco's $105,000 donation to TAPS. They were joined by TAPS leadership, 15 members of the Aimco DC team, and Brian Bradford of RentPath, a major tournament sponsor.

"Aimco Cares is proud of its long-standing partnership with TAPS, which provides critical services to the families whose loved ones have made the ultimate sacrifice," said Cortez. "Honoring the memory of our valiant men and women and ensuring that their surviving families receive the support they need 24/7 is a priority for our company and reflects Aimco's corporate citizenship values."

"The Aimco team has once again demonstrated that they honor American service and sacrifice and they care for the families of our nation's fallen heroes," said Carroll. In addition to this donation, Aimco contributed $25,000 to the Navy Postgraduate School Foundation which also helped leverage a grant to fund TAPS programs.

Since its inception, the annual golf classic has raised more than $3 million dollars for charitable causes. This year's additional tournament beneficiaries were Project Sanctuary, a national organization that helps service men and women reconnect with their families after returning from overseas duty, and the Aimco Cares Opportunity Scholarship Fund which provides financial assistance to college-bound students living in affordable housing. The scholarship program is administered by the National Leased Housing Association Education Fund.

More than 120 golfers participated in the 2014 charity tournament with more than 75 companies providing sponsorships to raise funds for the event which was held in July at Sanctuary Golf Course in Sedalia, Colorado. Diamond sponsors contributing at least $30,000, were Jones Lang LaSalle, RentPath and IPA. Platinum sponsors, contributing at least $20,000, were Apartment Finder and Harris Winick, LLP.

"We are honored to support such a worthwhile program," said Arlene Mayfield, Senior Vice President of RentPath. "It gives us great pleasure to partner with Aimco to assist the families of the soldiers who protect our country."

Founded out of tragedy in 1994, TAPS has established itself as the front line resource to the families and loved ones of our military men and women. TAPS provides comfort and care through comprehensive services and programs including peer based emotional support, case work assistance, crisis intervention, and grief and trauma resources. TAPS has assisted over 35,000 surviving family members, casualty officers and caregivers.

Aimco is one of the country's largest owners and operators of apartments, with 204 communities in 23 states and the District of Columbia. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.

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SOURCE Aimco