(NOTE: Edible Arrangements is located at 2 Lowell Street in Wilmington.)
WASHINGTON, DC — The International Franchise Association’s (IFA) Franchise Education & Research Foundation has announced the winners of its second annual Franchising Gives Back Awards, who were honored at an awards dinner yesterday in Washington D.C.
The Franchise Education & Research Foundation recognized five Gold Winners at the Franchising Gives Back Celebration & Awards Dinner, including Edible Arrangements, which won the Spirit of Franchising Award.
Edible Arrangements’ Edible Cares program provides emergency funds to employees in times of crisis, and supports nonprofit organizations at both at the corporate level and the franchisee level. Edible Arrangements also makes annual donations to the National Breast Cancer Foundation and the Breast Cancer Society Canada during Breast Cancer Awareness Month. In addition, in 2013, Edible Arrangements founder and CEO Tariq Farid established the Tariq Farid Foundation to support causes both at home and around the world. The Foundation’s contributions total almost $1 million annually, and have benefited dozens of programs, including hospitals, schools, homeless shelters, domestic violence shelters, food pantries, and organizations addressing childhood cancer and assisting refugees.
“Our Franchising Gives Back Award winners are such great examples of caring and community leadership and we are delighted to recognize them and the charities that they support,” said Doc Cohen, CFE, Foundation Chairman. “Franchising Gives Back honors them and the thousands of wonderful, individual acts of charity by franchise owners, franchisors, and suppliers throughout the year.”
Established by a generous donation from Roark Capital Group, Franchising Gives Back salutes the best, most innovative community leaders and charitable programs nationwide.
“The economic footprint of franchising is very big, but in many ways, the social footprint of franchise businesses in thousands of communities, touching our neighbors and customers in very personal ways, is even bigger,” said Steve Romaniello, CFE, managing director, Roark Capital Group. “We are honored to play a small part in supporting Franchising Gives Back.”
For more information on the awards winners and Franchising Gives Back, please visit http://www.franchisinggivesback.org.
About the IFA Franchise Education & Research Foundation
Founded in 1983, the International Franchise Association (IFA) Franchise Education & Research Foundation is a 501 (c)(3) tax-exempt organization and supported through the generous contributions of IFA members and others. The Foundation’s mission is to advance franchising and the free enterprise system by increasing the knowledge and professional standards of all members of the franchising community; educating the next generation of franchise practitioners; increasing recognition of franchising’s key role in the free enterprise system; and providing comprehensive information and research about important developments and trends in franchising.
About the International Franchise Association
Celebrating 55 years of excellence, education and advocacy, the International Franchise Association is the world’s oldest and largest organization representing franchising worldwide. IFA members include franchise companies in over 300 different business format categories, individual franchisees and companies that support the industry in marketing, law, technology and business development.
About Roark Capital Group
Roark Capital Group is an Atlanta-based private equity firm that specializes in franchise, brand management, environmental services and marketing services companies with attractive growth prospects. Roark focuses on middle-market investment opportunities through family-owned business transfers, management and corporate buyouts, recapitalizations, going-private transactions and corporate divestitures. The firm has $3 billion of equity capital under management. For more information, visit http://www.roarkcapital.com.
(NOTE: The above press release is from the Franchise Education & Research Foundation.)
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