Griffin Capital Expands Firm-Wide Commitment to Volunteer Service with Griffin Charitable Initiative
El Segundo, Calif. (May 11, 2017) – Griffin Capital Company, LLC (“Griffin Capital” or “the firm”) today announced a significant expansion of its existing commitment to charitable engagement with the Griffin Charitable Initiative (“GCI”), a year-round, employee-led program developed to enhance the firm’s involvement with, and contributions to, local non-profit organizations across the country. The program is intended to further strengthen Griffin’s longstanding culture of giving back to the communities in which its employees live and work, and to serve as a call to action for members of the Griffin Capital family to increase their charitable involvement at the individual level.
Under GCI, Griffin employees will compete each month to have their charity and charitable activity selected as the recipient of a generous monthly award. Selection criteria will be based on the Griffin employee’s level of engagement with the charity, as measured by hours volunteered, assistance with capital raising and service on the charity’s leadership team and/or Board of Directors. Employees from all of Griffin Capital’s offices nationwide are eligible to compete for the award, as Griffin seeks to encourage grassroots volunteer involvement throughout the firm, regardless of where employees are located.
The first GCI award winner, an employee in Griffin Capital’s Phoenix, AZ office, provides a clear example of the type of charitable engagement the firm hopes to encourage through this new initiative. The winning employee successfully championed a rural Arizona non-profit that provides educational opportunities and scholarship support to needy and deserving young students by becoming involved in the charity’s activities and events, joining its Board of Directors to provide strategic advice, helping the group raise money and making donations of his own.
All non-profits are eligible to receive the award, with particular priority being given to smaller charitable organizations that may not have the national profile or fundraising options available to larger or more established organizations.
David Rupert, President of Griffin Capital, said, “We are very excited to see the momentum that the Griffin Charitable Initiative is already generating this year among our employees. Charitable involvement is a core part of our firm’s culture and, as we continue to grow, we want to ensure that our commitment to serving the communities in which our employees live and work continues to grow, as well. As our recent award recipient in Phoenix demonstrates, there is no substitute for locally-engaged volunteers who bring an all-encompassing, ‘all-in’ mentality to the mission of service – just as there is no limit to what they can achieve. The Griffin Charitable Initiative is designed to encourage exactly this sort of involvement.”
About Griffin Capital Company, LLC
Griffin Capital Company (“Griffin Capital”), is a privately held, Los Angeles headquartered investment and asset management company with a 22-year track record sponsoring real estate investment vehicles and managing institutional capital. Led by senior executives with more than two decades of real estate experience collectively encompassing over $22 billion of transaction value and more than 650 transactions, Griffin Capital and its affiliates have acquired or constructed approximately 58.8 million square feet of space since 1995. Griffin Capital and its affiliates own, manage, sponsor and/or co-sponsor a portfolio consisting of approximately 42 million square feet of space, located in 30 states and the United Kingdom, representing approximately $7.8 billion* in asset value, based on purchase price, as of March 31, 2017. Additional information about Griffin Capital is available at www.griffincapital.com.
*Includes the property information related to interests held in certain joint ventures.
