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CBRE shows it cares with new philanthropy program.


CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  announced the launch of CBRE CBRE CB Richard Ellis (real-estate firm)
CBRE Chemical, Biological, Radiological and Explosive
CBRE Component-Based Reliability Estimation
CBRE Coldwell Banker Richard Ellis (Boston, MA) 
 Cares, the firm's corporate philanthropy program.

CBRE Cares encompasses the company's philanthropic activities at the local, regional and national levels and is governed by the CB Richard Ellis Foundation, a nonprofit, public benefit corporation that funds CB Richard Ellis' philanthropic and community initiatives. In addition to the firm's Birthday Cakes for Homeless Children Program and local and global response efforts, CBRE Cares encompasses two newly established charitable partnerships with the National Kidney Foundation Not to be confused with American Kidney Fund.

The National Kidney Foundation, Inc. (NKF) is a major voluntary health organization in the United States. Its mission is to prevent kidney and urinary tract diseases, improve the health and well-being of individuals and
 (NKF NKF National Kidney Foundation
NKF Norges Kampsportforbund
NKF Norges Klatreforbund (Norway)
NKF Norges Kofferttenking Forbund
) and Starlight Starbright Children's Foundation The Starlight Starbright Children’s Foundation is a 501(c)(3) non-profit organization dedicated to improving the quality of life for children with chronic and life-threatening medical conditions. .

The charitable partnership organizations were chosen through the CB Richard Ellis Foundation according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 several criteria, including opportunity for various forms of volunteerism and donation, and alignment with CB Richard Ellis goals and objectives.

The key consideration was each organization's ability to mobilize on a national scale with a physical and operational footprint similar to that of CB Richard Ellis.

As a result, the company is confident that the partnership with the NKF and Starlight Starbright will yield positive and recognizable gains for these charities, and continue its existing tradition of generosity.

"The National Kidney Foundation is pleased to have CB Richard Ellis as a charitable partner. With the complementary national capacity of our combined organizations, we will be able to move forward with our life-saving work in prevention, education and support for the 1 in 9 American adults with chronic kidney disease Chronic kidney disease (CKD), also know as chronic renal disease, is a progressive loss of renal function over a period of months or years through five stages. Each stage is a progression through an abnormally low and progressively worse glomerular filtration rate, which is  and the additional 20 million Americans at risk," said John Davis, NKF CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. .

"The success of our mission depends primarily upon the strength and generosity of our charitable partners," said Paula VanNess, CEO of Starlight Starbright.

"We are excited about the possibilities that our partnership with CB Richard Ellis creates. The company's generosity will extend our reach to many more of the 16 million seriously ill children in the United States who are in need of support."

CB Richard Ellis is the established leader in the commercial real estate industry. According to Jana Turner, President of CBRE Asset Services and a CBRE Cares Board member, the program motto, "Leading with Heart," is an expression of the firm's commitment to the responsibility of that leadership.

"CB Richard Ellis has always been a leader in revenue, transaction volume and square feet under management," said Ms. Turner. "Now we have the opportunity to lead in kindness and generosity."
COPYRIGHT 2006 Hagedorn Publication
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:TRANSCRIPTS
Publication:Real Estate Weekly
Date:Sep 27, 2006
Words:385
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