Ecolab Raises Nearly $300,000 for the National Restaurant Association Educational Foundation.ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- Al Schuman Scholarship Challenge Fund brings $250,000 and Ecolab reaches its goal of $40,000 at its Silent Auction The National Restaurant Association Educational Foundation (NRAEF NRAEF National Restaurant Association Educational Foundation ) announced today that St. Paul-based Ecolab Inc. (NYSE NYSE See: New York Stock Exchange :ECL (Emitter-Coupled Logic) A digital circuit composed of bipolar transistors in which the emitter ends are wired together. ECL gates switch faster than TTL gates, but consume more power. See TTL, I2L and bipolar. 1. ), the industry leader in the sanitation sanitation: see plumbing; sanitary science. and food safety business, raised nearly $300,000 at this year's National Restaurant Association Restaurant, Hotel-Motel Show in Chicago, May 21-May 24. The money raised is a combination of a $250,000 contribution from Ecolab Chairman Al Schuman for a new matching fund called the Al Schuman Scholarship Challenge Fund, and $40,000 in donations from its Silent Auction. Ecolab has now contributed more than $725,000 over the past three years to the NRAEF, making it one of the organization's largest givers. "We are incredibly grateful to Al Schuman for his very generous contribution and to Ecolab for its long-standing support and leadership in the industry and to the NRAEF," said Mary M. Adolf, NRAEF president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We salute Al and Ecolab's commitment to food safety and to serving the needs of operators in educating and mentoring our industry's future leaders Future Leaders is a UK schools-led charitable organisation that aims to widen the pool of talented leaders especially for urban challenging secondary schools. It was founded in March 2006 by Nat Wei, a former founder of Teach First. ." At the "Salute to Excellence Awards Gala" on Saturday evening, May 21, Schuman presented the NRAEF with $250,000 for the Al Schuman Scholarship Challenge Fund. The NRAEF immediately launched a campaign to match and double the size of the donation to at least $500,000 within one year. Scholarships will be given to select qualified applicants who have been accepted into a qualified restaurant and/or foodservice management collegiate col·le·giate adj. 1. Of, relating to, or held to resemble a college. 2. Of, for, or typical of college students. 3. Of or relating to a collegiate church. program. "Ours is the best profession in the world, and the best profession in the world needs the best people in the world working in it. The NRAEF makes this possible with its scholarships, mentoring opportunities and development programs," said Schuman. "I'm proud to support NRAEF in its effort to help those who are just starting out in this industry. NRAEF scholarship recipients are the individuals who will build our industry into something even greater in the years to come." More than 500 industry representatives took part in Ecolab's Silent Auction on Sunday, May 22 and bid on items from electronics to fabulous vacation packages. Auction items included resort and restaurant packages, sports and celebrity memorabilia mem·o·ra·bil·i·a pl.n. 1. Objects valued for their connection with historical events, culture, or entertainment: posters, publicity photographs, and other movie memorabilia. 2. , culinary cu·li·nar·y adj. Of or relating to a kitchen or to cookery. [Latin cul n education and equipment and many other interesting and exciting items. "The NRAEF is a very worthy organization and we couldn't be more delighted to contribute to its cause," said Doug Baker, President and 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. of Ecolab. "Ecolab is dedicated to supporting this industry, the NRAEF and operators in providing excellence in cleaning and food safety programs and in further enhancing the education of our industry's future workforce." The importance of providing students with scholarships to pursue a restaurant and foodservice education is vital to maintaining the industry's role as the cornerstone of rewarding career and employment opportunities. As the NRAEF focuses on risk management, recruitment and retention, scholarships provide an opportunity to recruit qualified and educated employees. A key component in the recruitment and retention of the best employees to the restaurant and foodservice industry is the NRAEF's pledge to provide scholarships - essential to the development of an educated workforce - to high school students, undergraduate students, and educators. About Ecolab With 2004 sales of $4.2 billion, Ecolab is the leading global developer and marketer of premium cleaning, sanitizing, pest elimination, maintenance and repair products for the hospitality, foodservice, institutional and industrial markets. Ecolab shares are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol ECL. Ecolab news releases and other investor information are available on the Internet at www.ecolab.com. About NRAEF The National Restaurant Association Educational Foundation (NRAEF) is a not-for-profit organization dedicated to fulfilling the e educational mission of the National Restaurant Association. As the nation's largest private sector employer, the restaurant and foodservice industry is the cornerstone of the American economy, of career-and-employment opportunities, and of local communities. Focusing on three key strategies of risk management, recruitment, and retention, the NRAEF is the premier provider of educational resources, materials, and programs, which address attracting, developing and retaining the industry's workforce. Sales from all NRAEF products and services benefit the industry by directly supporting the NRAEF's educational initiatives. For more information on the NRAEF, visit www.nraef.org. |
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