For more information, contact Debra Dodson at (434) 793-0884
The Dan River Foundation announced today the transfer of nearly $3 million in assets to The Community Foundation of the Dan River Region. A new Dan River Inc. Endowment Fund will continue the charitable work of the company based in Danville for over 100 years.
“We are pleased to be able to partner with The Community Foundation to permanently earmark these funds to support charitable work in the Dan River Region,” said Rodney Reynolds, chairman of the Fund’s advisory committee. “During its 126 year history, Dan River Inc. was a responsible and generous corporate citizen, providing support to charitable organizations throughout the Dan River Region and sponsoring scholarships for many children of Dan River employees. The Dan River Inc. Endowment Fund will make certain that this support continues. It will assure that the good name of Dan River Inc. is preserved and will honor the thousands of employees of Dan River throughout the years whose dedication allowed the Company to become a global leader in the home fashions and apparel fabrics industries.”
The Dan River Foundation announces transfer of $3 million in assets to The Community Foundation, February 2, 2009