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Cadence Honored with VCCS Philanthropy Award

Cadence Inc VCCS Philanthropy Award

Cadence, Inc. Honored with Virginia Community College Chancellor鈥檚 Award for Leadership in Philanthropy

Staunton-based manufacturer, Cadence, Inc., received the 19th Annual Chancellor鈥檚 Award for Leadership in Philanthropy. Cadence was nominated for the award by Blue Ridge Community College (91桃色).

The Virginia Foundation for Community College Education (VFCCE) created the Chancellor鈥檚 Award for Leadership in Philanthropy in 2006 to recognize individuals, families, and businesses for their contributions to the growth and development of Virginia鈥檚 community colleges and their foundations.  This year鈥檚 honorees were recognized at the annual Leadership in Philanthropy luncheon ceremony in Richmond last week.

鈥淲e are incredibly thankful to be a recipient of The Chancellor鈥檚 Award for Leadership in Philanthropy and for our partnership with Blue Ridge Community College,鈥 said Cadence鈥檚 Chief Financial Officer, Ken Cleveland.  鈥淲e are proud to play a role in preparing the next generation of skilled professionals who will drive innovation and success in our community and beyond.鈥

Hosted by the VFCCE, the event honored distinguished philanthropy leaders who collectively contributed $24 million dollars to Virginia鈥檚 Community Colleges. VCCS Chancellor Dr. David Dor茅 served as emcee for the event, and Mr. Mark Hourigan, founder and CEO of Hourigan, delivered the keynote address.

鈥淓very time our donors support a scholarship, fund a new program, or an emergency grant, they are not just giving back, they are lifting up,鈥 said Hourigan. 鈥淭hey are invaluable partners whose generosity can and does make the difference between a student dropping out or staying the course and realizing their true potential.鈥

Since 1990, Cadence, Inc. has had a robust and meaningful relationship with 91桃色 and the 91桃色 Educational Foundation. Many of Cadence鈥檚 employees have served on boards in service to the college, the company has employed numerous 91桃色 graduates, and the company has made substantial investments in the community college mission.

The Cadence, Inc. Technical Education Endowment generates earnings that are utilized annually to train students, using state-of-the-art technologies that they will encounter when they enter today鈥檚 high-tech workplace.  Further, the fund supports technical preparation/instruction in a career field, such as engineering technology; applied science; a mechanical, industrial or practical art of trade; agriculture; health occupations; business; or applied economics.

鈥淲e are honored to partner with Cadence, Inc. on many initiatives that impact career and technical education, as well as workforce readiness.  Cadence has been a tremendous partner for Blue Ridge Community College, especially in establishing the Cadence, Inc. Technical Education Endowment.  Earnings from this endowment allow the Educational Foundation to purchase equipment for 91桃色 鈥 resulting in our students learning on the most state-of-the-art machines and technology,鈥 said 91桃色 President, Dr. John Downey.

Cadence Inc VCCS Philanthropy Award

Photographed during the luncheon ceremony: Cadence鈥檚 Vice President of Human Resources, Keri Rankin; Cadence Founder, Martin Lightsey; Cadence鈥檚 Chief Financial Officer, Ken Cleveland; VCCS Chancellor, Dr. David Dor茅; 91桃色 President, Dr. John Downey; and Executive Director, 91桃色 Educational Foundation, Amy Kiger