IBP donates $1.9 million to nonprofits
Installed Building Products, Inc. (IBP), the installer of insulation and building products, announced that it donated $1.9 million in grants and assistance to nonprofits and individuals through the Installed Building Products Foundation.
The gift totals included $820,000 in major grants to nonprofit organizations that provide home-building or renovation services for those in need.
The major grantee recipients included nonprofits in Columbus, Ohio where IBP is headquartered, as well as across the country: Oostburg, Wis.; New Braunfels and Dallas, Texas; Rochester, N.Y.; Columbia, S.C.; Maumee and Perrysburg, Ohio; Pontiac, Mich.; St. Petersburg, Fla.; San Diego, Calif.; and Columbus, Ga.
Local grantees included Compassion Outreach Ministries of Ohio, Huckleberry House, Star House, Homeport, and Habitat for Humanity of Ohio.
In addition to the Major Grants program, there are several Foundation initiatives for IBP employees including an emergency financial assistance program, a fund to support matching gifts of time or money, and a scholarship program. So far, these programs have committed more than $1.4 million to the company’s employees and their family members since the Foundation’s inception in March of 2019.
“After launching the foundation in 2019, we are thrilled to see the impact we’ve had on the lives of our employees and individuals across the country,” said IBP Foundation President Kelly Clifford Riehl. “Going into our second year of operation, we – like anybody else – never could have predicted the hardship that 2020 would bring. Our employees and the communities they live and work in are what make our company so great. We are so grateful to have already had the groundwork of the Foundation in place so that we could step up for our communities in a time of great need.”
IBP Foundation funds are made possible through executive and board member contributions, IBP contributions, and employee contributions and are available to employees across IBP’s locations nationwide.
IBP operates more than 190 branches across the country.