Speedway Children's Charities

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Speedway Children's Charities
Speedway Children's Charities logo.svg
Founded1982; 39 years ago (1982)
FounderBruton Smith
TypeNon-governmental organization, Non-profit organization
Legal status501(c)(3)[1]
FocusChildren
HeadquartersCharlotte Motor Speedway, Concord, North Carolina, U.S.
Area served
United States
President
Marcus G. Smith
Revenue (2017)
$3,850,146[2]
Expenses (2017)$3,925,136[2]
Employees (2016)
0[2]
Volunteers (2016)
2,500[2]
Websitewww.speedwaycharities.org

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[]

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[]

Fundraising and grants[]

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[]

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[]

  1. ^ "Speedway Childrens Charities". Tax Exempt Organization Search. Internal Revenue Service. Retrieved August 11, 2019.
  2. ^ Jump up to: a b c d e "Form 990: Return of Organization Exempt from Income Tax". Speedway Children's Charities. Internal Revenue Service. September 30, 2017.
  3. ^ "#207 Ollen Bruton Smith". Forbes. Retrieved 2007-05-03.
  4. ^ "Company Description". Speedway Motorsports. Archived from the original on 24 May 2003. Retrieved 27 November 2010.
  5. ^ Jeff Wolf (June 5, 2005). "Bruton Smith makes motorsports his playground". Las Vegas Review-Journal. Retrieved 2007-05-03.
  6. ^ http://www.af.mil/AboutUs/Biographies/Display/tabid/225/Article/105729/major-general-thomas-m-sadler.aspx
  7. ^ http://mflcf.org/major-general-charles-h-swannack-jr-u-s-army/

External links[]

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