Aimco Donates More Than $122,000 to Assist Military Families Through TAPS

WASHINGTON, Nov. 16, 2010 /PRNewswire/ -- The Tragedy Assistance Program for Survivors, an organization which assists family members who have lost a loved one in the line of duty, is receiving a donation of $122,500 raised in the 7th annual Golf Classic sponsored by Aimco Cares, the philanthropic arm of Apartment Investment and Management Company (Aimco), and presented by RE/MAX.  Aimco Chief Administrative Officer Miles Cortez will present the donation to Bonnie Carroll, Founder and Chairman of TAPS, at the TAPS headquarters, 1775 F. Street NW, Suite 600, Washington, D.C. at 2PM EST today.      

Joining Cortez for the presentation will be top sponsors of the charity golf tournament including Scott Melnick, Managing Director of Jones Lang LaSalle; Andy Boyer, Executive Vice President and Bill Roohan, Vice Chairman, of CBRE; Kelly Wren of Ballard Spahr LLP; and Will Moschella of Brownstein Hyatt Farber and Schreck. 

"Aimco Cares is proud of its partnership with TAPS, an organization that is on-call 24/7 to provide a network of 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 is a priority for our company and reflects Aimco's corporate citizenship values."  

"TAPS is very pleased and gratified to have Aimco as a partner in our mission to provide emotional support and ongoing assistance to spouses and children grieving their loss,"  said Carroll.  "We truly appreciate Aimco's ongoing generosity and commitment to our military families."  

Since its inception, the annual golf classic has raised more than one million dollars for charitable causes. This year's co-beneficiary is 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 2010 Aimco Cares charity tournament with more than 50 companies providing sponsorships to raise funds for the event, including Platinum Sponsors Critigen; Cushman & Wakefield; ista; Jones Lang LaSalle; Latham & Watkins LLP; Millman Surveying; Realpage; Stein, Ray & Harris; Wilmar; and ZMG Construction, Inc.; and Gold Sponsors CBRE; Ballard Spahr LLP; Brownstein Hyatt Farber and Schreck; Moran and Company; CIGNA; SNR Denton; and Apartment Realty Advisors.  

Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities. Aimco, through its subsidiaries and affiliates, is one of the largest owners and operators of apartment communities in the United States. Aimco owns or manages 817 properties, including approximately 129,000 apartment units, and serves approximately 500,000 residents each year. Aimco's properties are located in 43 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.  

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 30,000 surviving family members, casualty officers and caregivers. 

SOURCE Aimco