Holualoa Companies gives employees chance to select donation recipients
Independent Newsmedia
Posted 4/20/20
Tucson-based Holualoa Companies wants to assist local and national charities in their response to the COVID-19 crisis, but in a self-proclaimed innovative twist, it’s helping its employees make their own decisions about who to support.
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Holualoa Companies gives employees chance to select donation recipients
Posted
Independent Newsmedia
Tucson-based Holualoa Companies wants to assist local and national charities in their response to the COVID-19 crisis, but in a self-proclaimed innovative twist, it’s helping its employees make their own decisions about who to support.
Holualoa Companies, which has an office in Scottsdale, invests globally in office, retail, industrial, multifamily, hotel and mixed-use properties. It has many projects across the Valley and in Scottsdale.
Holualoa Companies is allocating each of its 30 employees $2,000 to personally donate to the COVID-19 charities of their choice. The employees are free to choose any COVID-19 related cause on the local or national level, according to a press release.
Holualoa has long been committed to the communities it serves, but the company’s leaders wanted to do something different in the current pandemic.
“We’re seeing first-hand from the companies we work with in commercial real estate just how much we need to support each other,” Lani Baker, vice president --- finance of Holualoa Companies, said in a prepared statement.
“This is a way for our company to not only support many great causes, but to give our employees a sense of ownership of their own generosity in this time of crisis.”
Senior Financial Analyst Tara Scherrer said she is honored to work for a company that takes care of employees and their communities.
“In these uncertain times, they selflessly are allowing each employee to choose a charity in their own community and fund a donation on our behalf,” she said in a prepared statement. “I am proud to be a part of a company that looks beyond themselves.”
Holualoa Companies owns a broad portfolio of commercial office buildings, multifamily residential properties, industrial properties and other real estate. The company is working individually with its tenants to help them find the right solutions and resources during the crisis.
“We understand that we’re all going to have to work together as a community in order to best get through this challenging time,” Ms. Baker said.
“We are confident that by continuing to support our communities and to be creative and understanding of the current conditions, we will emerge from the other side of this crisis stronger.”
