Quicken Loans Donates $1 Million to Detroit and Cleveland Charities as Part of Billion Dollar Bracket Challenge

  • April 14, 2014

school-bus

– Twenty-Six education and youth-focused charities receive first wave of donations as part of the Quicken Loans Billion Dollar Bracket Challenge with Yahoo Sports –

DETROIT, April 14, 2014 – Detroit-based Quicken Loans, the nation’s second largest mortgage lender, today announced the first phase of education and youth-focused charities receiving contributions thanks to the Quicken Loans Billion Dollar Bracket Challenge with Yahoo Sports. Charities for the second phase of donations have been determined and will be notified in the coming weeks.

“This contest isn’t just about basketball,” said Quicken Loans Director of Community Relations, Leslie Andrews. “Each organization we’re supporting provides opportunities for children to compete and excel in their education.  Just as we see the athletes on court giving their all for a win, these charities are showing the same effort to ensure our children have a bright future.”

The United Way for Southeastern Michigan in downtown Detroit is one of 26 organizations receiving the first wave of donations as part of the Quicken Loans Billion Dollar Bracket Challenge with Yahoo Sports.

“With generous support from Quicken Loans and others in greater Detroit we work year-round to provide companies and organizations with effective ways to rally and motivate employees and to support the impact work of United Way,” said Angela Beckman, Director of Volunteer Engagement, United Way for Southeastern Michigan. “Children are our region’s most important investment, and it is commendable that Quicken Loans has made youth education and development part of its contest.”

Quicken Loans has committed donations to the following organizations:

[symple_column size=”one-half” position=”first”] Detroit:

  • Big Brothers Big Sisters
  • Boll Family YMCA
  • City Year
  • Detroit Area Pre-College Engineering Program
  • Downtown Youth Boxing Gym
  • Junior Achievement
  • Mosaic (Music Education)
  • Sphinx (Music Education)
  • Teen Hype Youth Development Program
  • United Negro College Fund
  • United Way (High School Turnaround)
[/symple_column] [symple_column size=”one-half” position=”last”] Cleveland:

  • Big Brothers Big Sisters
  • Boys and Girls Club (Lorain, OH)
  • Boys and Girls Club (Cleveland, OH)
  • Browns and Indians Foundations
  • Case Western Reserve (Sports/Education)
  • Cavaliers Education Program
  • City Year
  • Cleveland Browns Foundation
  • Cleveland Christian Home
  • Cleveland Indians Charity
  • College Now
  • Cuyahoga Community College
  • Help Foundation
  • Open Doors Academy (Tutoring)
  • University Settlement and Youth Opportunities Unlimited
[/symple_column] The Quicken Loans Billion Dollar Bracket Challenge with Yahoo Sports offered participants a chance at $1 billion for creating a perfect bracket in this this year’s men’s college basketball tournament. While no one brought home the billion-dollar grand prize, the owners of the 20 most accurate ‘imperfect’ brackets will win $100,000 to use toward buying, refinancing or remodeling a home.

###

About Quicken Loans
Detroit-based Quicken Loans Inc. is the nation’s second largest retail home mortgage lender. The company closed a record $80 billion of volume across all 50 states in 2013. Quicken Loans generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power for the past four consecutive years; 2013, 2012, 2011 and 2010.

Quicken Loans was named among the top-30 companies on FORTUNE magazine’s annual “100 Best Companies to Work For” list for the last 11 consecutive years, ranking #5 in 2014. It ranked in the top-15 of Computerworld magazine’s “100 Best Places to Work In Technology” for the past nine years, ranking #1 in 2013. The company moved its headquarters to downtown Detroit in 2010, and now more than 8,500 of its 10,000-plus team members work in the city’s urban core. For more information about Quicken Loans, please visit www.quickenloans.com, on Twitter at @QLnews, and on Facebook at www.facebook.com/QuickenLoans.

About Yahoo
Yahoo is focused on making the world’s daily habits more inspiring and entertaining. By creating highly personalized experiences for our users, we keep people connected to what matters most to them, across devices and around the world. In turn, we create value for advertisers by connecting them with the audiences that build their businesses. Yahoo is headquartered in Sunnyvale, Calif., and has offices located throughout the Americas, Asia Pacific (APAC) and the Europe, Middle East and Africa (EMEA) regions. For more information, visit the pressroom (pressroom.yahoo.net) or the company’s blog (yahoo.tumblr.com).

About Berkshire Hathaway
Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services. Common stock of the company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.

Print Friendly, PDF & Email