CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today announced that employees from its Jacksonville office collected nearly 25 tons (49,740 pounds) of food and personal items during its 8th Annual Employee Food Drive. “Due to the challenging economic environment, Jacksonville area food banks and social service organizations continue to remain under pressure to provide food to those in need,” said Nick Small, Managing Director of CIT Vendor Finance, U.S. “Last year alone these organizations provided more than three million meals to area residents. We’re proud of our employees’ efforts, who year after year, continue to raise an incredible amount of food. Their hard work serves as an example of how each of us can make an impact in the lives of others in our community.” Over the past eight years, CIT Jacksonville employees have collected more than 112 tons (224,937 pounds) of food and toiletry supplies and donated the items to area charities, including:
- City Rescue Mission (CRM), which provides help to the homeless and needy in Jacksonville and Northeast Florida;
- Sulzbacher Center, which provides comprehensive services, including street outreach, daily meals, safe shelter, case management support, job placement assistance, medical, dental, and mental health care to the homeless in Jacksonville;
- Florida School for the Deaf and the Blind, a state public school located in St. Augustine that is available at no cost to individuals who are deaf/hard of hearing, or blind/visually impaired; and,
- Mandarin Food Bank, which provides emergency food and clothing to those in need in the Mandarin community in Jacksonville.
Cindy Funkhouser, President and CEO of the Sulzbacher Center added, “CIT is about action and relationships. Its employees bring their “A” game to their annual food drive and we’re grateful to be recipients of their goodwill.”“The Florida School for the Deaf and the Blind is grateful for CIT's continued support,” said Tanya Rhodes, Executive Director of Advancement. “The products donated greatly assist our students. We are honored to be a part of the CIT family — a group of caring and giving people." Bonnie McNulty, Co-Director of the Mandarin Food Bank, added, “CIT’s Jacksonville office embodies the words commitment and resolve. Their contributions to our organization and the Jacksonville community are without parallel. For that we thank them.” In 2013, following the repeated success of the Company’s annual Jacksonville food drives; CIT adopted a global company-wide initiative to combat hunger. To date, CIT offices around the world including Livingston, NJ; Burlington and Toronto, CAN; Charlotte, NC; and Ft. Lauderdale and Sunrise, Fla. have collected an additional 31.5 tons of food for area food banks. EDITOR’S NOTE: View CIT’s corporate overview video (cit.com/corporatevideo) that showcases our support of the small business, middle market and transportation sectors. Follow us on Twitter: @citgroup, on LinkedIn: LinkedIn.com/company/cit, on YouTube: YouTube.com/citgroupvideo, and on Facebook: facebook.com/citgroup. Individuals interested in receiving corporate news releases can register at cit.com/newsalerts or subscribe to the RSS feed at cit.com/rss. About City Rescue Mission City Rescue Mission (CRM) is a non-profit, faith-based organization in downtown Jacksonville that has provided help to the homeless and needy in Jacksonville and Northeast Florida since 1946. In addition to providing emergency services for the homeless, they offer life-changing programs like the New Day Workforce and LifeBuilders, which help people get off the streets and back on their feet. CRM serves around 280,000 meals a year and provided over 100,000 nights of shelter in 2008. crmjax.org About Florida School for the Deaf and the Blind The Florida School for the Deaf and the Blind (FSDB) is a fully accredited state public school and outreach center available tuition-free to eligible pre-K and K-12 deaf/hard of hearing and blind/visually impaired students. Comprehensive educational services at FSDB are individualized, specific to the unique communication and accessibility needs of each student for independence and lifelong success. To visit the school or to enroll your child, contact 1-800-344-3732. fsdb.k12.fl.us About Mandarin Food Bank The mission of the Mandarin Food Bank at St. Joseph’s Catholic Church is to provide emergency food and clothing to those in need in the Mandarin Community. They are a ministry run entirely by volunteers. Anyone residing in the Mandarin Community, regardless of religious affiliation, is eligible to be served. mandarinfoodbank.org About Sulzbacher Center The Sulzbacher Center is Northeast Florida’s only provider of comprehensive services for homeless men, women and children. They are open 24 hours a day, 7 days a week, 365 days a year. They serve nutritious meals and offer safe shelter. The Sulzbacher Center also provides outstanding health care and high-quality children’s programs. Its job placement assistance and life skills programs equip men and women for employment and for success. sulzbachercenter.org About CIT Vendor Finance CIT Vendor Finance is a leader in developing business solutions for small businesses and middle market companies for the acquisition of equipment and value-added services. It creates tailored equipment financing and leasing programs for manufacturers, distributors and product resellers across industries that are designed to help them increase sales. Through these programs, it provides equipment financing and value-added services, from invoicing to asset disposition, to meet its customers’ needs. cit.com/vendorfinance About CIT Founded in 1908, CIT (NYSE: CIT) is a bank holding company with more than $35 billion in financing and leasing assets. It provides financing and leasing capital and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and vendor finance. CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bank BankOnCIT.com, offers a suite of savings options designed to help customers achieve a range of financial goals. cit.com