The National Association of Electrical Distributors (NAED), St. Louis, announced a $500,000 commitment by Hubbell Inc., Orange, Conn., to the NAED Education & Research Foundation.
“Hubbell Inc. has been a strong supporter of NAED for many years. Not only have they provided financial support, they've contributed invaluable time and talent, including Tim Powers' service as co-chair of IDEA. We are pleased to acknowledge their leadership as the first manufacturer to make a significant financial investment to the Foundation's endowment fund,” said Bill Elliott, chairman of the Foundation's Channel Advantage Partnership and president of Elliott Electric Supply in Nacogdoches, Texas.
The company's donation will become part of an endowment fund for the NAED Education & Research Foundation. The principal amount of the endowment will remain untouched, while the interest will be used to commission future projects and studies. As a $500,000 contributor, Hubbell Inc. will be recognized at the regent level and have a permanent position on the Channel Advantage Partnership Council, which will help select future educational programs and research projects.
For more information on how to contribute to the NAED Education & Research Foundation endowment, contact Bill Elliott, Channel Advantage Partnership chairman, at (936) 569-1184 or e-mail him at [email protected].
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