Vertical Bridge Charitable Network Achieves Over $14 Million in Donations
2024 Donations Totaled Over $2.4 Million, Focused on Supporting Children, Advancing Education, and Providing Disaster Relief
Vertical Bridge REIT, LLC, known for being the largest private owner and operator of communications infrastructure, has recently announced a remarkable achievement by its Vertical Bridge Charitable Network (VBCN). This network has successfully surpassed $14 million in donations while completing over 10,000 hours of volunteer service since commencing its philanthropy program in 2014. VBCN empowers team members at Vertical Bridge to give back to the communities where they operate.
In the year 2024 alone, VBCN generously contributed more than $2.4 million to support over 130 organizations. The annual volunteer participation rate stood at an impressive 100%. As the company celebrated its 10-year anniversary in 2024, VBCN expressed pride in its ongoing support for various remarkable organizations throughout the decade, and it looks forward to continuing this vital work in the upcoming years.
President and CEO Ron Bizick emphasized, "At Vertical Bridge, supporting our communities is integral to our core values and company culture. I applaud our team for their unwavering commitment to making positive impacts and achieving 100% volunteer participation yet again."
Community Impact and Partnerships
Through its diverse philanthropic efforts involving financial contributions, an employee gift-match program, and volunteer opportunities, VBCN has made significant impacts in the local communities, particularly in South Florida. Partnerships with organizations such as Feeding South Florida highlight their dedication to enhancing community welfare.
In an impressive initiative, VBCN organized a company-wide event where employees built 400 bikes intended for at-risk children, including those in homeless situations and foster care. They also collaborated with Convoy of Hope to prepare 600 hygiene kits, ensuring that essential supplies were efficiently delivered to those in need.
Leadership Voices on Philanthropy
Executive Chairman and Co-Founder Alex Gellman remarks, "The impact Vertical Bridge has realized through VBCN over the past decade reflects the generosity and commitment of our dedicated employees. VBCN is truly the heart of Vertical Bridge and central to our corporate ethos." These words emphasize the importance of their charitable work and the integral role it plays within the company.
About Vertical Bridge
Vertical Bridge REIT, LLC, based in Boca Raton, Florida, was established in 2014 and has become a leader in the communications infrastructure sector in the United States, boasting a portfolio of over 500,000 sites, including more than 17,000 owned and master-leased towers. They provide critical build-to-suit and colocation solutions tailored to the wireless industry, extending their reach across all 50 states and Puerto Rico.
In a notable achievement, Vertical Bridge became the first tower company globally to attain CarbonNeutral® certification, a status it has maintained annually since 2020. This recognition showcases the company's commitment to sustainability and environmental responsibility.
Frequently Asked Questions
What milestones has Vertical Bridge Charitable Network achieved?
VBCN has surpassed $14 million in donations and completed over 10,000 hours of volunteer work since its inception in 2014.
How much did VBCN donate in 2024?
In 2024, VBCN donated over $2.4 million to more than 130 organizations.
What drives the philanthropic initiatives of Vertical Bridge?
The company prioritizes community support as part of its core values and company culture.
Can you name some partnerships VBCN has formed?
VBCN has partnered with organizations like Feeding South Florida and Convoy of Hope to support community needs.
What is the significance of VBCN to Vertical Bridge?
VBCN represents the integral philanthropic spirit of the company, significantly contributing to community welfare and employee engagement.
