Aftermarket Foundation Seeks Donations - aftermarketNews

Aftermarket Foundation Seeks Donations

Once a year, The Aftermarket Foundation sends out a letter to members of the aftermarket industry asking for help. While many in the industry are involved in a number of various philanthropic organizations, The Aftermarket Foundation is the only charity devoted specifically to the needs of those who work in the aftermarket. Known for being one of the industry's best kept secrets, The Aftermarket Foundation has been offering financial assistance to families and individuals from the aftermarket for 56 years.

TEQUESTA, FL — Once a year, The Aftermarket Foundation sends out a letter to members of the aftermarket industry asking for help. While many in the industry are involved in a number of various philanthropic organizations, The Aftermarket Foundation is the only charity devoted specifically to the needs of those who work in the aftermarket.

Known for being one of the industry’s best kept secrets, The Aftermarket Foundation has been offering financial assistance to families and individuals from the aftermarket for 56 years. In that period of time, the foundation has increased its support grants from $10,000 per year to approximately $250,000 per year. They now have a record number of families relying on them for support.

The Aftermarket Foundation supports individuals and families whose principal breadwinners were employed in the aftermarket and fell on hard times either through illness, death, an accident or other family tragedy. Described by Chairman Donald Schlenger as a truly “bare bones charity,” the Foundation’s total expenses to funds raised runs approximately 10 percent. The Foundation is presently helping about 20 families or individuals. While there is not a large turnover with cases, Schlenger said, the foundation has been helping some recipients for as long as 20 years.

In order to continue providing the outstanding amount of financial assistance that they do, The Aftermarket Foundation needs your support. If you would like to support the Aftermarket Foundation, or would like more information call 772-286-5500. The Aftermarket Foundation is a 501 (C) (3) entity, and all contributions are tax deductible.

Contributions can be mailed to:

The Aftermarket Foundation
P.O. Box 3889
Tequesta, FL 33469-0889

_______________________________________

Click here to view the rest of today’s headlines.

You May Also Like

$78B Pro-Business Tax Bill Passes House, Awaits Senate

The bill aims to reinstate tax incentives for R&D and small business investments, along with other measures.

The U.S. House of Representatives passed H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, with bipartisan support. The bill, now with the Senate's Finance Committee, aims to reinstate tax incentives for research and development (R&D) and small business investments, along with other measures, according to SEMA.

MANN+HUMMEL NA Aftermarket Shows Right to Repair Support

Representatives from MANN+HUMMEL’s North American aftermarket brands recently visited Capitol Hill to express their support for H.R. 906.

MEMA Issues Statement on Tax Relief for Working Families Act

This measure contains the restoration of one year deductibility of research and development expenses, a key legislative priority for the association.

SEMA Urges Members to Support Tax Relief Bill

The Tax Relief for American Families and Workers Act of 2024 benefits specialty automotive aftermarket businesses, according to SEMA.

SEMA Action Network
ASA Endorses Bipartisan Tax Framework

The Automotive Service Association says the legislation is beneficial for independent automotive repair businesses.

Other Posts

Industry Partners Urge Congress to Pass R&D Deductibility Fix

“Congress must restore this tax provision to enhance U.S. competitiveness, job creation and innovation as soon as possible,” said Ann Wilson, MEMA’s executive vice president of government affairs.

Legislators Challenge Vehicle Data Access ‘Double Standard’

Rep. Marie Gluesenkamp Pérez joined other legislators in sending a letter to NHTSA about proposed guidance for implementing the Massachusetts Right to Repair law.

House Passes Bill to Stop EPA Emissions Mandate

The U.S. House passed the “Choice in Automobile Retail Sales (CARS) Act” (H.R. 4468) with bipartisan support.

Opposition Grows for California’s Mandate Banning New Gas-Powered Vehicle Sales
U.S. House Schedules Vote to Stop EPA Emissions Mandate

The SEMA-supported bill would prohibit the EPA from finalizing federal emissions standards for light- and medium-duty motor vehicles model years ’27 to ’32.

emissions