Aimco's Annual Golf Event Raises $515,000 for Military Families and Scholarships

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Jul 14, 2015, 06:48 ET

DENVER, July 14, 2015 /PRNewswire/ -- With support from business partners nationwide, Apartment Investment and Management Company (Aimco) raised $515,000 during its 12^th annual Aimco Cares Charity Golf Classic. Presented in partnership with RE/MAX, the tournament benefits the Tragedy Assistance Program for Survivors (TAPS) which supports family members who have survived the loss of a loved one in the line of duty; Project Sanctuary, a nonprofit that works with military personnel returning from overseas duty with their transition to civilian life; and college-bound students living in affordable housing who receive financial assistance through the Aimco Cares Opportunity Scholarship. More than 125 golfers participated in the July 9^th tournament at Sanctuary Golf Course in Sedalia, Colorado.

Ronie Huddleston, First Sergeant, Retired, Army Infantry, with 20 deployments to his credit, is joined by his wife Elizabeth, Project Sanctuary Executive Director Heather Ehle and Aimco's Chief Administrative Officer Miles Cortez at the Aimco Cares Charity Golf Classic at Sanctuary golf course in Sedalia, Colorado.

The Diamond Sponsors, contributing $30,000 or more, were NSI Environmental, Affordable Housing Advisors, a division of Marcus & Millichap, and RentPath. Platinum Sponsors, contributing $20,000 or more, were Apartment Finder and the law firm of Harris Winick Harris. The Gold Sponsors, contributing at least $10,000, were ARA, Ballard Spahr LLP, Berkadia, Colliers, Criterion Brock, Cushman & Wakefield, Frosh Cummings Tidwell Group, HFF, Jones Lang LaSalle, Karndean Design Flooring, Kutak Rock LLP, Lockton, Moen, Moran & Company, Realpage, Sherwin Williams, Transwestern, Wells Fargo, and Wilmar.

"The exceptional and consistent generosity of our tournament sponsors has had a material impact on the ability of our beneficiaries to offer support, opportunity and hope to military families and aspiring students," said Miles Cortez, Aimco's Chief Administrative Officer. "We are so pleased that since the inception of this tournament a dozen years ago we have been able to raise more than $3.5 million dollars which has literally transformed lives. These contributions exemplify Aimco's values and culture: building community, valuing relationships and making moments that matter for individuals and families across the country."

Founded in 1994, TAPS is the front-line resource for military families grieving the loss of a loved one who made the ultimate sacrifice while serving our country. TAPS provides 24/7 comfort and care through a national network of peer-based emotional support, case work assistance, crisis intervention, and grief and trauma resources. Since it became a beneficiary of the Aimco Cares Charity Golf Classic seven years ago, TAPS will have received over $900,000 in contributions from the event.

Project Sanctuary helps military families reconnect after a soldier returns from overseas duty. Families participate in therapeutic retreats in Colorado's Rocky Mountains, and receive Project Sanctuary's assistance with housing, job placement and veterans' benefits. More than $400,000 in proceeds from the Aimco Cares Charity Golf Classic over the past four years has enabled Project Sanctuary to offer retreats to 250 families.

The Aimco Cares Opportunity Scholarship provides financial assistance to college-ready students living in affordable housing. The scholarship, administered in partnership with the National Leased Housing Association's Education Fund, already has helped 144 students pursue their dreams of a college education. More than $700,000 has been raised by the tournament for this worthy cause.

Through the Aimco Cares philanthropic program, each Aimco team member receives 10 paid hours per year to apply toward a volunteer activity.

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with 198 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. For more information about Aimco, please visit our website at www.aimco.com.

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SOURCE Aimco