Hsm 260 Foundations Paper Week 8
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- Date Submitted: 06/06/2012 08:11 PM
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HSM 260: Foundation
Mary Kay Foundation
June 1, 2012
Most people here the words “Mary Kay” and they think of little old ladies with vibrant makeup and pink Cadillac’s. Mary Kay Ash was a woman of integrity and wealth; she created the Mary Kay Foundation in 1997, to help fund breast and ovarian cancer research, as well as domestic violence avocation. This is the organization that I personally donate to, and not just because I am a sales consultant, but because I believe in the core values of the organization.
The foundation’s gross monies came from Mary Kay herself. A grand total of $15 million; $1 million every year for 15 years is what she left for the foundation in her will. She passed in November, 2001. (Milestones: Mary Kay Foundation, 2012) For the most part, the rest of the money that the foundation is able to give is generated from donations from the sales force of the company, as well as the clients of that sales force.
Each year, more than 100,000 volunteer hours are clocked in by the sales force and other employees of Mary Kay Inc. to domestic violence shelters. Last month, the sales force ran a fundraiser, to be able to purchase skin care and cosmetics to donate to YWCA shelters around the country. The purpose was to give the women a sense of normalcy and pride. Each year, 150 domestic violence shelters are awarded a $20,000 grant, totaling more than $3 million. In addition to donating money, the Mary Kay foundation has collected and donated over 300,000 cellular phones to domestic violence organizations to give to victims to have a way to get out.
Cancer research is the other main area that Mary Kay Foundation donates to, specifically breast and ovarian cancer research. It is believed the reason for the specification, is that she knew those were the cancers that would affect her sales force the most, even though her 3rd husband died from lung cancer. Each year, the Mary Kay Foundation awards 13 respected doctors and medical...
Mary Kay Foundation
June 1, 2012
Most people here the words “Mary Kay” and they think of little old ladies with vibrant makeup and pink Cadillac’s. Mary Kay Ash was a woman of integrity and wealth; she created the Mary Kay Foundation in 1997, to help fund breast and ovarian cancer research, as well as domestic violence avocation. This is the organization that I personally donate to, and not just because I am a sales consultant, but because I believe in the core values of the organization.
The foundation’s gross monies came from Mary Kay herself. A grand total of $15 million; $1 million every year for 15 years is what she left for the foundation in her will. She passed in November, 2001. (Milestones: Mary Kay Foundation, 2012) For the most part, the rest of the money that the foundation is able to give is generated from donations from the sales force of the company, as well as the clients of that sales force.
Each year, more than 100,000 volunteer hours are clocked in by the sales force and other employees of Mary Kay Inc. to domestic violence shelters. Last month, the sales force ran a fundraiser, to be able to purchase skin care and cosmetics to donate to YWCA shelters around the country. The purpose was to give the women a sense of normalcy and pride. Each year, 150 domestic violence shelters are awarded a $20,000 grant, totaling more than $3 million. In addition to donating money, the Mary Kay foundation has collected and donated over 300,000 cellular phones to domestic violence organizations to give to victims to have a way to get out.
Cancer research is the other main area that Mary Kay Foundation donates to, specifically breast and ovarian cancer research. It is believed the reason for the specification, is that she knew those were the cancers that would affect her sales force the most, even though her 3rd husband died from lung cancer. Each year, the Mary Kay Foundation awards 13 respected doctors and medical...