Installed Building Products Celebrates Five Years of Community Impact
19 Março 2024 - 12:00PM
Business Wire
Through collaborative, trust-based philanthropy
and corporate partnership, IBP's initiatives have generated over
$10 million in support of scholarships and diverse nonprofits
Installed Building Products, Inc. (NYSE: IBP), an
industry-leading installer of insulation and complementary building
products, is proud to celebrate the fifth anniversary of its
community giving initiatives, which have significantly contributed
over $10 million in educational scholarships and support to diverse
nonprofits.
Over the last half-decade, IBP has focused on creating a
sustainable impact through inclusive, trust-based philanthropy,
corporate giving, and community impact programs. These efforts have
successfully enriched educational, housing, and community programs,
benefiting countless individuals and nonprofit organizations with a
comprehensive approach to support and empowerment.
Key initiatives have included more than $6.5 million in grants
to strengthen communities across the country through collaborations
with organizations such as The Gary Sinise Foundation, Homeport,
and House of Heroes Inc. Furthermore, the commitment to education
has been highlighted by over $3.5 million in scholarships, in
addition to significant financial assistance programs dedicated to
enhancing employee welfare.
"As we celebrate this significant milestone, we're reminded of
the collective power and impact of our community engagement
efforts,” said Kelly Clifford Riehl, president of the Installed
Building Products Foundation. “It's a testament to the shared
commitment of our employees, partners, and supporters. This
anniversary celebrates our shared achievements in fostering a more
inclusive, empowered, and supported community. Together, we have
created lasting change, and I am excited for the future of our
initiatives.”
Funding for these impactful initiatives comes from executive and
board member contributions, corporate support from IBP, and
generous donations from employees. These efforts are managed in
collaboration with the Columbus Foundation, ensuring that every
contribution makes a meaningful difference. For further details,
please visit installedbuildingproducts.com/sustainability.
About Installed Building Products
Installed Building Products, Inc. is one of the nation's largest
new residential insulation installers and is a diversified
installer of complementary building products, including
waterproofing, fire-stopping, fireproofing, garage doors, rain
gutters, window blinds, shower doors, closet shelving and mirrors
and other products for residential and commercial builders located
in the continental United States. The Company manages all aspects
of the installation process for its customers, from direct purchase
and receipt of materials from national manufacturers to its timely
supply of materials to job sites and quality installation. The
Company offers its portfolio of services for new and existing
single-family and multi-family residential and commercial building
projects in all 48 continental states and the District of Columbia
from its national network of approximately 250 branch
locations.
About the Installed Building Products Foundation
Installed Building Products, Inc. is one of the nation's largest
new residential insulation installers and is a diversified
installer of complementary building products. The Installed
Building Products Foundation was started by and for IBP employees
and their communities in 2019. Since its inception, alongside IBP
corporate funds, the Foundation has donated over $10 million
through its scholarship program, employee financial assistance,
major grants, and matching gift options.
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