Enterprise car rental donates $150K to Capital Area Food Bank

[mahatmakanejeeves]

This discussion thread was locked as off-topic by Spazito (a host of the Latest Breaking News forum).

Source: WTOP, the all-news radio station in DC

Home » Washington, DC News » Enterprise car rental donates…

Enterprise car rental donates $150K to Capital Area Food Bank

Matthew Delaney | [e-mail]

December 6, 2021, 8:24 AM



Enterprise workers volunteer at the Capital Area Food Bank. (Courtesy Enterprise)

The Capital Area Food Bank received a six-figure donation from the Enterprise Rent-A-Car Foundation to help fight food insecurity. The donation brings the company’s financial commitment to the food bank to over $1 million in the past five years.

Enterprise donated $150,000 to the Capital Area Food Bank as a part of the car rental agency’s own hunger-fighting effort launched in 2016, called Enterprise’s Fill Your Tank program.

{snip}

Enterprise pledged an additional $65 million to its Fill Your Tank program in November, which works with both national and international hunger relief organizations. By 2026, the Fill Your Tank will have collectively donated to $115 million to its various partners.

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Matthew Delaney
Matt Delaney is a digital web writer/editor who joined WTOP in 2020.

[e-mail]

Read more: https://wtop.com/dc/2021/12/enterprise-car-rental-donates-150k-to-capital-area-food-bank/

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Maybe I'm pushing my luck trying to assert that this is news of national interest.

Or maybe it is. I report; you decide.

[IronLionZion]

1. Good stuff

I like renting from Enterprise.

[llashram]

2. with the exorbitant rental prices

they charge to us common folks their 'donation' should have been a hell of a lot higher.

[LudwigPastorius]

7. Over $4 billion a year in revenue...

I hope you're not suggesting that their press-released donations impact their executives' salaries or their shareholders!

[llashram]

10. mercy...no!

God forbid!!!

[Midnight Writer]

3. Good.

[AllaN01Bear]

4. cool , but what about their taxes and how well do they pay their people?

[melm00se]

6. Enterprise Rent-a-Car

is part of the "Enterprise Group" which is privately held so detailed financials aren't readily available. Beyond their total revenue ($22.5B), their profitability and executive compensation are not readily available.

It is estimated, however, that CEO compensation is in the upper range for their executive compensation: $500K+ but probably no more than $700K.

[appalachiablue]

5. Good for Enterprise; I've had excellent service with them.

[radicalleft]

8. Listen to my sarcastic "WOW"

"Enterprise Rent-A-Car is the largest rental car company in the United States, with more than 9,000 "home city" locations, and 419 airport locations."

So this $150k donation cost each location $15.93 of profit for 1 day (assuming the $48 average economy rental rate).

Somebody catch me before I faint from excitement...

[mahatmakanejeeves]

9. Sarcastic "WOW" duly noted.

From the article:

Enterprise donated $150,000 to the Capital Area Food Bank as a part of the car rental agency’s own hunger-fighting effort launched in 2016, called Enterprise’s Fill Your Tank program.

{snip}

Enterprise pledged an additional $65 million to its Fill Your Tank program in November, which works with both national and international hunger relief organizations. By 2026, the Fill Your Tank will have collectively donated to $115 million to its various partners.

[twodogsbarking]

11. Thank you for pointing this out.

Headlines are the bait for the foolish fishes.

[greenjar_01]

12. OP's agenda is to always praise and promote capitalism under any circumstances

So he seeks out stories that show companies doing good. It's ideological trash for the most part, masquerading as human interest.

[Spazito]

13. *LOCKING*

Host consensus is this OP doesn't meet the criteria in the SOP for this forum:

Important news of national interest only