Speedway Children's Charities
Founded1982 (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.

References

  1. ↑ "Speedway Childrens Charities". Tax Exempt Organization Search. Internal Revenue Service. Retrieved August 11, 2019.
  2. 1 2 3 4
  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. ↑ "Major General Thomas M. Sadler".
  7. ↑ "Major General Charles H. Swannack Jr., U.S. Army | MFLCF – Military Family Lifestyle Charitable Foundation". Archived from the original on 2015-11-22. Retrieved 2015-11-21.
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