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CoStar Group Partners with Richmond Public Schools to Provide School Supplies for 50,000+ Students
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary
CoStar Group (NASDAQ: CSGP) returns as the lead sponsor for the fifth annual Ultimate Backpack Drive in Richmond, VA, aimed at providing over 50,000 backpacks with school supplies to students in Richmond Public Schools. The event, set for August 11, 2022, will see participation from about 500 CoStar employees, underlining the company's commitment to community support. This sponsorship reflects CoStar's ongoing philanthropic initiatives and strong culture of volunteerism.
Positive
Continuation of lead sponsorship for the Ultimate Backpack Drive, enhancing community relations.
Anticipation of nearly 500 employee volunteers, promoting engagement and corporate culture.
Negative
None.
CoStar Group Returns as Lead Sponsor of the Fifth Annual Ultimate Backpack Supply Drive, Alongside Walmart, VCU, and Communities in Schools
RICHMOND, Va.--(BUSINESS WIRE)--
CoStar Group (NASDAQ: CSGP) today announced its participation as the lead sponsor in the fifth annual Ultimate Backpack Drive, an initiative to provide students at Richmond Public Schools with 50,000+ backpacks filled with school supplies, free of charge, to ensure students start their school year on the right foot.
In partnership with the Richmond Public School district and Walmart, and hosted by VCU and Communities in Schools, the donation event will take place on Thursday, August 11 at The Arthur Ashe Center. In addition to sponsoring the event, CoStar Group encourages its Richmond-based employees to volunteer and anticipates participation from nearly 500 CoStar Group team members. 2022 marks CoStar Group’s fourth year as lead sponsor of the event.
“CoStar Group is one of the largest employers in Richmond, and we are proud to support our community with this important event,” said Lisa Ruggles, CoStar Group’s Senior Vice President of Global Operations. “Ensuring that students have the necessary supplies for their return to school is a critical step towards academic success.”
The annual Ultimate Backpack Drive sponsorship is one facet of CoStar Group’s robust philanthropic programming and its strong culture of employee volunteerism.
About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. Realla is the UK’s most comprehensive commercial property digital marketplace. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. CoStar Group’s websites attract tens of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada and Asia. From time to time we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information.
