• 73°

CFD Research donates to Community Foundation, Habitat for Humanity

Stuart Obermann works as CEO/President of the Community Foundation of Huntsville/Madison County. (CONTRIBUTED)
Stuart Obermann works as CEO/President of the Community Foundation of Huntsville/Madison County. (CONTRIBUTED)

MADISON COUNTY – CFD Research Corporation (CFDRC) has announced two major new gifts to the Community Foundation of Huntsville/Madison County and Habitat for Humanity.

CFD Research Corporation is contributing $100,000 to the Community Catalyst Fund at the Community Foundation. A new endowed fund, “The Community Catalyst Fund will provide a perpetual source of grants for improving quality of life in Huntsville and Madison County,” foundation CEO/president Stuart Obermann said.

In addition, CFD Research Corporation is contributing $50,000 to Habitat for Humanity of Madison County. Habitat is an ecumenical Christian housing ministry that seeks to eliminate poverty housing. (habitatmadisonco.org)

Habitat for Humanity of Madison County will use the contribution to purchase lots for house construction. “We are thrilled to have this generous gift that provides the groundwork for future families to reach their dreams of a better life through homeownership,” Habitat Executive Director Myra Sanderson said.

Each new family that Habitat approves must complete 350 “sweat equity hours,” including budgeting class and helping in home construction. “That way, we know we’re helping families become independent and strong with bright new futures,” Sanderson said.

The catalyst fund “will empower the Community Foundation to make annual grants for the betterment of the community,” Obermann said. “All the principal from donations made to the Community Catalyst Fund will be preserved for generations to come — with only the income being distributed.”

CFD Research Corporation co-chairperson Sangeeta Singhal said the company “loves Huntsville. Together with the leadership team and employee family of CFDRC, we were searching for a way to make a lasting impact. We know that the gift to the Community Catalyst Fund will continue to support our home area for decades to come.”

Located in Cummings Research Park, CFDRC develops cutting-edge technologies with highly competitive federal contracts and adapts and commercializes products for both defense and civil applications. CFDRC has a 27-year legacy of serving U.S. federal agencies and industry. (cfdrc.com)

For more information about the Community Foundation, call 256-535-2065, email to stuart@communityfoundationhsv.org or visit communityfoundationhsv.org.

Harvest

TARCOG lands $1.5-million grant from EPA for cleanup

FRONT PAGE FEATURED

Mental Skills Coach Assists Team To National Championship Game- Roger Kitchen Builds Character

Bob Jones High School

Journey welcomes Ben Smith as Assistant Principal, Athletic Director

Madison

Chandrakasem, Koswoski excel in DAR essay contests

Harvest

American Legion, VFW to retire flags on Flag Day

Madison

Stundtner proves skills as Midtown’s ‘Staff Member of the Year’

James Clemens High School

Guo, Mysore, Saha dominate awards at regional, state science fairs

Harvest

Madison Hospital names Brandon Jones ‘Employee of the Year’

Bob Jones High School

MCS to present ‘Youth Mental Health First Aid’ sessions

Digital Version

Digital version of The Madison Record – June 12, 2024

Events

Annual Juneteenth Festival returns to Big Spring Park Saturday

Bob Jones High School

Braden Booth Named Mr. Baseball, Super All-State, Class 7A All-State

Harvest

Low-key races (on foot and couch) pivotal for Rotary’s ‘Parrots 0.5K’

Bob Jones High School

Mill Creek names Deberry as outstanding staff employee

Bob Jones High School

Madison Public Library readies for Summer Reading experience

James Clemens High School

Moore honored as ‘Staff Member of the Year’ at James Clemens

Harvest

Madison City Community Orchestra to honor D-Day’s 80th anniversary

Digital Version

Digital version of The Madison Record – June 5, 2024

Madison

Rotary Club awards city employees Hall, Overman and Watson

FRONT PAGE FEATURED

Carlos Mathews Named Athlete Of The Year

FRONT PAGE FEATURED

Cotton Row Run’s 44th Running A Huge Success With Madison Runners

Madison

Zoological Society proposes 3% electric tax on Limestone to start building zoo

Madison

Hayley Davidson earns ‘Teacher of the Year’ at Mill Creek

Events

Van Gogh: The Immersive Experience opens today in Huntsville

Van Gogh: The Immersive Experience opens today in Huntsville

x