LorenDonFord Loans Donates $1 Million to Detroit and Cleveland Charities

CANTERBURY, Conn. - June 23, 2014 - PRLog -- DETROIT, June 23, 2014 – Offshore-based LorenDonFord Loan Services,  today announced the first phase of education and youth-focused charities receiving contributions thanks to the LorenDonFord Loans Billion Dollar Bracket Challenge with Yahoo Sports. Charities for the second phase of donations have been determined and will be notified in the coming weeks.

“This contest isn’t just about basketball,” said LorenDonFord Loans Director of Community Relations, Mark Andrews. “Each organization we’re supporting provides opportunities for children to compete and excel in their education.  Just as we see the athletes on court giving their all for a win, these charities are showing the same effort to ensure our children have a bright future.”

The United Way for Southeastern Michigan in downtown Detroit is one of 26 organizations receiving the first wave of donations as part of the LorenDonFord Loans Billion Dollar Bracket Challenge with Yahoo Sports.

“With generous support from LorenDonFord Loans and others in greater Detroit we work year-round to provide  companies and organizations with effective ways to rally and motivate employees and to support the impact work of United Way,” said Mary Beckman, Director of Volunteer Engagement, United Way for Southeastern Michigan. “Children are our region’s most important investment, and it is commendable that  LorenDonFord  Loans has made youth education and development part of its contest.”

LorenDonFord Loans has committed donations to the following organizations:

Detroit:

·         Big Brothers Big Sisters

·         Boll Family YMCA

·         City Year

·         Detroit Area Pre-College Engineering Program

·         Downtown Youth Boxing Gym

·         Junior Achievement

·         Mosaic (Music Education)

·         Sphinx (Music Education)

·         Teen Hype Youth Development Program

·         United Negro College Fund

·         United Way (High School Turnaround)

Cleveland:

·         Big Brothers Big Sisters

·         Boys and Girls Club (Lorain, OH)

·         Boys and Girls Club (Cleveland, OH)

·         Browns and Indians Foundations

·         Case Western Reserve (Sports/Education)

·         Cavaliers Education Program

·         City Year

·         Cleveland Browns Foundation

·         Cleveland Christian Home

·         Cleveland Indians Charity

·         College Now

·         Cuyahoga Community College

·         Help Foundation

·         Open Doors Academy (Tutoring)

·         University Settlement and Youth Opportunities Unlimited

The LorenDonFord Loans Billion Dollar Bracket Challenge with Yahoo Sports offered participants a chance at $1 billion for creating a perfect bracket in this this year’s men’s college basketball tournament.

While no one brought home the billion-dollar grand prize, the owners of the 20 most accurate ‘imperfect’ brackets will win $100,000 to use toward buying, refinancing or remodeling a home