Le Lézard
Classified in: Science and technology, Business
Subjects: CSR, SRI

NXTsoft CARES Charitable Foundation Makes First Distribution


BIRMINGHAM, Ala., Aug. 27, 2020 /PRNewswire-PRWeb/ -- NXTsoft (http://www.nxtsoft.com) a provider of cybersecurity, data and API software solutions, announced that its NXTsoft CARES Foundation has made its first charitable distribution. The NXTsoft Cares program was established with the purpose of supporting individuals, families and organizations experiencing hardship due to certain personal situations or because of the COVID 19 pandemic. NXTsoft CARES is funded by voluntary contributions from NXTsoft employees that are personally matched by NXTsoft CEO, David Brasfield.

An internal committee was established to review need-based requests and to identify opportunities where the company could contribute. Employees were provided with an opportunity to have NXTsoft CARES consider supporting friends or family who had experienced a financial downturn due to COVID 19 or suggest organizations they wanted to see NXTsoft CARES support.

This quarter NXTsoft CARES is providing support to two employees along with making the following donations:

NXTsoft has offices in Orlando, Denver, and Atlanta and wanted to support organizations in the communities where they have locations. The donation to the UAB Computer Science scholarship fund will both help those who want to go to school to obtain a degree in computer science, but are struggling to afford it, and serve to ensure future technical talent is available in Birmingham for local software companies.

"2020 has been a tough year all around, but we are lucky to have a great team who works at NXTsoft who really care about each other and the communities where we live and work. We all felt like if we were able to help others during these difficult times, even a little, that's what we should do," Brasfield said.

NXTsoft CARES will continue to take employee contributions to add to its fund and will evaluate additional recipients in the fourth quarter of 2020.

 

SOURCE NXTsoft


These press releases may also interest you

at 16:40
First Internet Bancorp (the "Company") , the parent company of First Internet Bank (the "Bank"), announced today financial and operational results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net income of...

at 16:35
Rayonier Advanced Materials plans to release its first quarter 2024 earnings on Tuesday, May 7, 2024, after the market closes. RYAM will host a conference call and live webcast at 9:00 a.m. ET on Wednesday, May 8, 2024, to discuss these results....

at 16:35
Alerus Financial Corporation , or the Company, reported net income of $6.4 million for the first quarter of 2024, or $0.32 per diluted common share, compared to a net loss of $14.8 million, or ($0.73) per diluted common share, for the fourth quarter...

at 16:35
Riskified Ltd. , a leader in ecommerce fraud and risk intelligence, today announced it will release its first quarter 2024 financial results before the market opens on May 15, 2024. On that day management will host a conference call and webcast at...

at 16:35
Colony Bankcorp, Inc. ("Colony" or the "Company") today reported financial results for the first quarter of 2024. Financial highlights are shown below. Financial Highlights: Net income decreased to $5.3 million, or $0.30 per diluted share, for...

at 16:35
Summit Therapeutics Inc. ("Summit," "we," or the "Company") will host an earnings call to announce its first quarter 2024 financial results and provide an operational update for the Company on Wednesday, May 1, 2024, before the market opens....



News published on and distributed by: