Walton Group of Companies Donates $25,000 to Phoenix Suns Charities
The Phoenix Suns have been involved with several communities in the state of Arizona since 1968. The Phoenix Suns Charities, which was founded in 1989 by Chairman and CEO Jerry Colangelo, serves the purpose to give back to the Phoenix community and improve the overall quality of life for the people of Arizona. Recently, the Walton Group of Companies donated $25,000 to the Phoenix Suns Charities to help the children in Arizona who are unable to take care of themselves.
“My parents taught me at a young age that business success only matters if you give back to your community,” Walton CEO Bill Doherty said, according to the Easy Valley Tribune. “Our U.S. home is here in the Valley, so we want to continue the giving tradition in this community that we began in Canada, with a focus on providing children opportunities they otherwise would not have.”
The Canadian company has their United States headquarters located in Scottsdale. The $25,000 donation is the first of many the company plans on making over the next several years. In fact, Walton plans on contributing a minimum of $100,000 over the next four years to the Phoenix Suns Charities. If made good on their promise, the company will become a member of the Playmaker class.
There is no question this is an unbelievable gesture by the Walton Group of Companies. The real estate investment and developmental company did not have to be so generous in giving back to the community they reside in. Hopefully, the Suns can find a way to put the money to good use.