PHI announces launch of the Yellow and Black Giving Back Foundation

PHI Press Release | April 22, 2021

Estimated reading time 2 minutes, 57 seconds.

PHI Group, Inc. remains committed to the customers, patients and the communities we serve, and it is equally committed to compassionately serving our employees. The company announced this week the launch of the Yellow and Black Giving Back Foundation, a 501(c)(3) U.S. non-profit public charity that provides financial assistance to eligible PHI employees faced with difficult or unforeseen circumstances. 

The Yellow and Black Giving Back Foundation builds on PHI’s long-held commitment to service. Ted Carlson Photo

“It is important to our company to ensure that our employees have a way to ask for help when experiencing hardship,” says Scott McCarty, chairman. “Between the impact of COVID-19 and the numerous hurricanes in the Gulf of Mexico this past year, the launch of our foundation has been a priority for us in 2021.”

The foundation builds on PHI’s long-held commitment to service and to supporting our own who are experiencing hardship. The PHI board of directors has guided and supported the launch of the foundation, and alongside an employee committee, will serve as stewards for the fund to ensure that the grants awarded meet the mission, criteria and guidelines for the foundation. 

“We are excited to launch the foundation and to see its impact on our employees worldwide,” says David Motzkin, board member. “Our employees are committed to compassionately serving our customers, patients and our communities. We are equally committed to compassionately serving our employees”. 

PHI has provided the initial funding with a donation of $250,000. Over time, the foundation will be sustained with a combination of donations from PHI, employees, fundraising activities, outside individuals and other non-profit entities. 

Over the decades, PHI has taken care of our employees, and through this Foundation, we build on our long-held commitment to service and to supporting our own who are experiencing hardship. To learn more about the Foundation, visit https://www.yellowandblackgivingback.org/.

This press release was prepared and distributed by PHI Group, Inc.

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