Vertical Bridge Charitable Network Surpasses $14 Million in Philanthropic Giving
2024 Donations Totaled Over $2.4 Million, Focused on Supporting Children, Advancing Education, and Providing Disaster Relief
BOCA RATON, Fla., Feb. 13, 2025 /PRNewswire/ -- Vertical Bridge REIT, LLC ("Vertical Bridge" or "the Company"), the largest private owner and operator of communications infrastructure in the United States, today announced that Vertical Bridge Charitable Network ("VBCN") surpassed $14 million in cash donations and completed over 10,000 hours of volunteer time since initiating the philanthropy program in 2014. VBCN is an employee-led initiative created to empower Vertical Bridge team members to give back to the communities where they live and work.
In 2024 alone, VBCN donated more than $2.4 million to over 130 organizations. The team also once again proudly achieved 100% volunteer participation. As the Company concludes the celebrations of its 10-year anniversary in 2024, VBCN is proud to have supported so many incredible organizations throughout the past decade. The team looks forward to continuing to support its surrounding communities in 2025 and in the years ahead.
"At Vertical Bridge, supporting the communities where we live and work is a key component of our culture and Core Values. I'm very proud of our team for continuing to make such positive impacts and exceeding our goal of 100% volunteer participation again," said President and CEO, Ron Bizick.
Through financial donations, the employee gift-match program, and volunteer days last year, VBCN made a direct impact on the South Florida community and strengthened partnerships with organizations like Feeding South Florida. In July, VBCN organized a company-wide bike build with OnBikes, where the team assembled 400 bikes for at-risk children, including homeless and foster teens. The team also partnered with Convoy of Hope in a company-wide effort to assemble 600 hygiene kits, helping to replenish the organization's emergency supply.
"The impact Vertical Bridge has made through VBCN over the past decade is a testament to the generosity and dedication of our employees," said Executive Chairman and Co-Founder, Alex Gellman. "VBCN is the beating heart of Vertical Bridge and is core to our culture and values. We are fortunate we have the ongoing opportunity to do good in our communities."
About Vertical Bridge
Vertical Bridge REIT, LLC, headquartered in Boca Raton, Florida, was founded in 2014 and is the largest private owner and operator of communications infrastructure and locations in the United States, with a portfolio of more than 500,000 sites, including over 17,000 owned and master-leased towers. Vertical Bridge provides build-to-suit and colocation solutions to the wireless industry. The Company's portfolio spreads across all 50 states and Puerto Rico.
In 2020, Vertical Bridge became the first tower company in the world to achieve the CarbonNeutral® company certified status and has been recertified every year since. For more information, please visit www.verticalbridge.com.
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SOURCE Vertical Bridge