Donors Give $5 Million to Support NBTA Foundation Projects
Foundation to Use Partnership Initiative to Advance Corporate Travel Industry
Los Angeles | The NBTA Foundation, the education and research foundation of the National Business Travel Association (NBTA), has raised $5 million through its Foundation Partnership Initiative to continue to deliver and enhance educational and research offerings, expand these offerings globally, and build a Foundation that is self-sustaining. Nearly 30 companies and organizations have made commitments since the March launch of the fundraising...
Fay Beauchine, NBTA Foundation Board of Trustees Chair, said: "The NBTA Foundation is delighted to have such strong industry support. Our donors' generous contributions demonstrate their commitment to the advancement of the industry and their belief in the NBTA Foundation. Their support will allow the Foundation to continue providing new and valuable research and educational offerings domestically and globally, enhance existing programs and products, and begin to build the resources needed to sustain the Foundation in the future."
The following companies and NBTA Chapters have joined the Foundation Partnership Initiative to date:
$1,000,000
National Business Travel Association
$500,000
American Express
IHG
$250,000
BCD Travel
Carlson Wagonlit Travel
Concur
Engencia
Sabre Holdings
VISA Commercial
Wyndham Hotel Group
$100,000+
Avis Budget Group
Continental Airlines
Delta Air Lines
Lufthansa
Northwest Airlines
Orbitz for Business
RADIUS
Travelport
TRX
$50,000
Millennium Hotels and Resorts
Chapter Partners
Chicago BTA
Connecticut/Westchester BTA
Los Angeles BTA
New York City BTA
North Carolina BTA
Wisconsin BTA
Beauchine continued: "On behalf of the NBTA Foundation and business travel professionals across the world who will benefit from their contributions, I would like to thank our partners for their contributions. We are truly fortunate to have such visionary leaders in our industry who understand that making a good investment and driving business is key to growth even in a slowing economy. I encourage NBTA Members to focus on doing business with the companies who support the Foundation and provide the membership with tremendous opportunities and resources to advance their careers and the industry."
Widely recognized as the must-attend event for business travel buyers, suppliers, industry leaders and business travel journalists, the 2008 NBTA International Convention & Exposition will be held in Los Angeles from July 27-30. More than 6,450 travel professionals are expected to take advantage of the convention's programming, designed to empower attendees to maximize value for their companies, including more than 40 seminars on the most important topics in business travel, more than 460 companies exhibiting in the Expo and countless opportunities for networking with peers. For details, visit www.nbtaconvention.org.
The NBTA Foundation is the education and research foundation of the National Business Travel Association (NBTA). The foundation was established in 1997 to support NBTA's members and the industry as a whole. As the leading education and research foundation in the business travel industry, the NBTA Foundation seeks to fund initiatives to advance the business travel profession. The foundation offers the only master's-level accredited course and professional designation for the corporate travel professional, the Global Leadership Professional (GLP) program, in partnership with The Wharton School. The industry's leading benchmarking resource – the Managed Travel Index® (MTI) & Benchmarking Tool – is offered by the foundation. The NBTA Foundation is a 501(c)(3) nonprofit organization. For more information, see www.nbtafoundation.org.