Auto industry shows support for local community in connection with 2014 NADA Convention and Expo
NEW ORLEANS, Jan. 22, 2014 /PRNewswire-USNewswire/ -- The National Automobile Dealers Charitable Foundation and Ally Financial announced today they have provided a grant of $50,000 to the Second Harvest Food Bank in New Orleans. The donation is part of week-long activities leading up to the 2014 NADA Convention & Expo in New Orleans, which runs Jan. 24-27. Each organization contributed $25,000.
"Second Harvest Food Bank is honored to receive this generous donation from the National Automobile Dealers Association and Ally Financial," said Natalie Jayroe, president and CEO of Second Harvest Food Bank. "Louisiana has the second-highest poverty rate in the nation and support from NADA and Ally will help us continue our mission of leading the fight against hunger in south Louisiana."
The donation is reflective of the impact auto dealers make in their local communities and will help support the New Orleans community in connection with the convention. This is the 10th time the NADA convention has been held in the Big Easy since 1973.
"Ally is honored to join with NADA to support the Second Harvest Food Bank and aid in the fight against hunger in the New Orleans community," said Tim Russi, president of Auto Finance for Ally Financial. "This donation is just one way of demonstrating the auto industry's commitment to giving back and building stronger communities."
"The $50,000 donation to Second Harvest Food Bank will provide 140,000 meals to families in need," said NADA Chairman Dave Westcott. "We commend Second Harvest and its partner agencies for their dedication to reduce hunger in south Louisiana."
"As new-car dealers, it's our responsibility to support our communities, and NADA prides itself on giving back to the cities that host our convention," added Westcott, a Buick-GMC dealer in Burlington, N.C.
Auto dealers attending the NADA convention throughout the weekend will have an opportunity to join NADA and Ally in making a difference for the New Orleans community. For every dealer that checks in at the Ally booth (#3739) during the NADA convention, Ally will make an additional donation to Second Harvest Food Bank.
The NADA Foundation, which is the philanthropic arm of NADA, was established in 1975.
About Second Harvest Food Bank
Second Harvest Food Bank of Greater New Orleans and Acadiana is leading the fight against hunger and building food security in South Louisiana by providing food access, advocacy, education and disaster response. Second Harvest provides food to 300 partner agencies and direct food access to community members across 23 parishes. Together, we make up the largest anti-hunger network in the state. With the community's help, we can make food security a reality for every household in South Louisiana. Second Harvest Food Bank is an affiliated ministry of the Roman Catholic Archdiocese of New Orleans, a member of Feeding America, and a United Way Partner Agency. To join us in the fight to end hunger, visit www.no-hunger.org. Follow us on Twitter at www.Twitter.com/2ndHarvestGNOA; fan us on Facebook at www.Facebook.com/2ndHarvestGNOA or Instagram at @2ndHarvestGNOA.
About Ally Financial
Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally Bank, the company's direct banking subsidiary and member FDIC, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking. Ally's Commercial Finance unit provides financing to middle-market companies across a broad range of industries.
With approximately $150.6 billion in assets as of Sept. 30, 2013, Ally operates as a financial holding company. For more information, visit the Ally media site at http://media.ally.com or follow Ally on Twitter: @Ally.
NADA represents nearly 16,000 new-car and -truck dealerships with more than 32,000 domestic and international franchises. For more information, visit www.nada.org and follow on Facebook, Twitter and YouTube.
SOURCE National Automobile Dealers Association