For Immediate Release
December 20, 2002
Knoxville, Tenn.- EET Corporation has donated $10,000 to the Empty Stocking Fund.
“EET likes to participate in the Empty Stocking Fund because 100 percent of the proceeds goes to those in need in our local community,” EET President Louie Sferrazza said. “We want to be a good corporate citizen.”
EET provides waste management technologies and services. In 1997, it ranked as the 222nd fastest growing privately held company in the nation, according to the Inc. 500 listing. It is headquartered in Knoxville, Tenn.
This is the eighth year that EET employees have participated in the Empty Stocking Fund through payroll deductions. The company matches 100 percent of employee contributions.
Each year, during the holiday season and beyond, the Empty Stocking Fund combats hunger throughout Knox and surrounding counties.
One of the reasons that EET contributes to the fund is that the 91-year-old charity does not divert money to pay administrative costs, Sferrazza said.
“I like this because it all goes to the people who need it,” he said.
In addition to the monetary donation, some EET employees also contributed their labor to helping prepare the Empty Stocking Fund food baskets that will be distributed to the less fortunate.Back to News List