Torch Technologies Raises $100K for Village of Promise Amid COVID-19 Funding Shortfall

  • Share:
September 01, 2020
Torch Technologies (Torch) planned to host its 10th annual golf tournament in Huntsville this year, but in consideration of the current COVID-19 pandemic and safety concerns, instead hosted a virtual fundraiser for Village of Promise. Torch and previous golf tournament sponsors are collectively making a big difference, helping ease the funding shortfall at Village of Promise due to COVID-19. Through the combined generosity of previous golf tournament sponsors (see Torch website for full list), Torch’s employee-owners, retirees, and Board of Directors, as well as the employee-owners and Board of Directors of our sister and parent companies Freedom Real Estate & Capital and Starfish Holdings, Torch was able to raise $100,000 for Village of Promise.

"We believe in giving back to the communities our employee-owners call home. By investing in the education and support of the children in our community, we aim to provide a better future for all our community’s residents,” said Torch President and CEO John Watson.  “We are so grateful to our sponsors and employee-owners for sharing that vision with us and joining us in support of Village of Promise. With the uncertainty surrounding this virus, it is so important for our community to come together in support of our local nonprofit organizations to help ease any funding concerns they may be experiencing."

Torch and representatives from the many sponsoring companies presented the $100,000 check to Village of Promise at the Freedom Center on the Torch Technologies campus on September 1, 2020. All proceeds from the fundraiser benefited the Village of Promise and its mission to eradicate generational poverty one neighborhood at a time. The Village of Promise helps children of all ages receive support to help them achieve educational success from early childhood in their Infant University program to college and beyond.

“The community that was hardest hit by the COVID shutdown is the community that we directly serve at Village of Promise,” explained Village of Promise Executive Director Dr. Libby Parker. She continued, “We serve families and scholars from the most impoverished community in Huntsville, so it has been essential to help them get back on their feet and sustain their families during this unprecedented time. The funding provided by Torch and their partners is going directly to the hardest hit areas to combat poverty, and we couldn’t do it without them.”


###

About Torch Technologies:Founded in October 2002, Torch Technologies, Inc. (Torch) is a 100% employee-owned business dedicated to quality technical services, competitive costs and ethical business practices. Torch has received both national and local recognition for its business performance, workplace environment, and ethical business practices. Most recently, in 2020, Great Place to Work named Torch one of the country's Best Workplaces in Consulting & Professional Services for the fifth consecutive year, and Great Place to Work and Fortune magazine named Torch one of the country's Best Workplaces for Millennials for a second year, with previous recognition in 2018. Torch was ranked on the Inc. 5000 list for the fourteenth consecutive year, and Bloomberg Government listed Torch in its annual “Top 200” ranking for the fourth consecutive year in 2020. Torch was also selected for a 2020 Colorado Springs Business Journal “Best in Business” award. In 2019, Washington Technology listed Torch in its annual “Top 100” Government Contractors ranking for the fifth consecutive year. Additionally, Torch was ranked on the Entrepreneur 360 list for the third consecutive year in 2019. In 2018, Great Place to Work and Fortune magazine named Torch a Best Medium Workplace for the third consecutive year. Additionally, Torch was recognized as the 2018 ESOP Company of the Year by the New South Chapter of The ESOP Association. Torch was also named a winner of the 2018 Best Places to Work in Huntsville award, marking Torch’s fifth time to receive this honor, with previous wins in 2017, 2016, 2012, and 2008. In 2016, Torch was named one of America’s Best Small Companies by Forbes. In 2015, Torch won the Better Business Bureau’s Torch Award for Business Ethics in the North Alabama Region for the 3rd time, also winning in 2009 and 2005. For more information, visit the company’s website at www.TorchTechnologies.com

About Village of Promise - Village of Promise serves the needs of children and families from cradle to college to career in distressed neighborhoods. Education, health, enrichment programs and family support services are simply what they do to help each child succeed in school. Their initial efforts are focused in the neighborhood surrounding University Place Elementary School, Montview Elementary School, Westlawn Middle School and Butler High School. To learn more about the Village of Promise go to www.villagepromise.com
 
Contact:
Cayce McAlister, Communications Specialist
cayce.mcalister@torchtechnologies.com, (256) 319-7521