Speedway Children's Charities
 | |
| Founded | 1982 |
|---|---|
| Founder | Bruton Smith |
| Type | Non-governmental organization, Non-profit organization |
| Legal status | 501(c)(3)[1] |
| Focus | Children |
| Headquarters | Charlotte Motor Speedway, Concord, North Carolina, U.S. |
Area served | United States |
President | Marcus G. Smith |
| Revenue | $3,850,146[2] (2017) |
| Expenses | $3,925,136[2] (2017) |
| Employees | 0[2] (2016) |
| Volunteers | 2,500[2] (2016) |
| Website | www |
Speedway Children's Charities (SCC) is a US 501(c)(3) nonprofit organization that provides funding for organizations that meet the direct needs of children. Nationwide, Speedway Children's Charities distributed over $2.9 million across its eight chapters in 2019.
History
[edit]Speedway Children's Charities was founded by Bruton Smith,[3] Chairman of Speedway Motorsports (SMI)[4] and Sonic Automotive,[5] after his son, Bruton Cameron Smith, died at a very young age.
SCC became a national organization in 1982, and now includes a network of eight chapters based at each of the eight SMI facilities across the United States.
Major General Thomas M. Sadler[6] served as the executive director of Speedway Children’s Charities from 1990 until 2014. Major General Chuck Swannack[7] served as the executive director of Speedway Children's Charities from 2014 until 2018.
Chapter locations
[edit]- Atlanta Motor Speedway – Hampton, GA
- Bristol Motor Speedway – Bristol, TN
- Charlotte Motor Speedway – Concord, NC
- Kentucky Speedway – Sparta, KY
- Las Vegas Motor Speedway – Las Vegas, NV
- New Hampshire Motor Speedway – Loudon, NH
- Sonoma Raceway – Sonoma, CA
- Texas Motor Speedway – Fort Worth, TX
Fundraising and grants
[edit]SCC chapters hold events that raise funds to help address the medical, educational, and social needs of children. These events include on-track activities, live auctions, clay shoots, galas, 5K runs, golf tournaments, and other fundraising opportunities. Monies raised are distributed to local non-profit organizations through grants at the end of the calendar year. Each chapter holds a distribution ceremony to recognize the organizations receiving the grants.
Impact
[edit]Since the organization was founded in 1982, Speedway Children’s Charities has awarded in excess of $58.3 million to nonprofit organizations throughout the nation.[citation needed]
References
[edit]- ^ "Speedway Childrens Charities". Tax Exempt Organization Search. Internal Revenue Service. Retrieved August 11, 2019.
- ^ a b c d e "Form 990: Return of Organization Exempt from Income Tax". Speedway Children's Charities. Internal Revenue Service. September 30, 2017.
- ^ "#207 Ollen Bruton Smith". Forbes. Retrieved 2007-05-03.
- ^ "Company Description". Speedway Motorsports. Archived from the original on 24 May 2003. Retrieved 27 November 2010.
- ^ Jeff Wolf (June 5, 2005). "Bruton Smith makes motorsports his playground". Las Vegas Review-Journal. Retrieved 2007-05-03.
- ^ "Major General Thomas M. Sadler".
- ^ "Major General Charles H. Swannack Jr., U.S. Army | MFLCF – Military Family Lifestyle Charitable Foundation". Archived from the original on 2015-11-22. Retrieved 2015-11-21.