Troesh Foundation to match up to $3M in RMC Foundation pledges

Source: Ready Mixed Concrete Research & Education Foundation, Silver Spring, Md.; CP staff

The Troesh Family Foundation, backed by founders of southern California’s Robertson’s Ready Mix, has pledged up to $3 million to the RMC Research & Education Foundation (RMC Foundation), matching on a 1:3 basis new commitments from the industry over the next five years.

“We are pleased as a family to be able to give back to an industry where I started my career and built my initial business,” says Dennis Troesh, Robertson’s founder and Troesh Family Foundation president. “We believe in the RMC Foundation’s mission of increasing quality, professionalism and sustainability in the ready mixed concrete industry, and are happy to support their efforts with this gift. We challenge companies, and those who have made their careers in the industry, to join us in supporting this organization.”

Paid over the 2016–2020 period, the full Troesh Foundation gift is predicated on the RMC Foundation realizing $9 million in new contributions, with an overall $12 million target during the next five years. “The Troesh Foundation’s generous gift will provide us the opportunity to achieve a fully-funded endowment so that we can continue to invest in important industry research and education in perpetuity,” affirms RMC Foundation Executive Director Julie Garbini. “Through our programs, we aim to keep the ready mixed concrete industry on the cutting edge so that it can provide high quality, sustainable homes, buildings and infrastructure to the general public.”

The Troesh Foundation commitment coincides with the RMC Foundation’s 25th anniversary, formal celebration of which is set for April 10 in conjunction with the National Ready Mixed Concrete Association’s 2016 Convention in San Diego.

“The event will be a great chance to celebrate the many accomplishments of the RMC Research & Education Foundation over the last 25 years, as well as to celebrate the Troesh family’s generosity and many contributions to the industry through its businesses,” affirms RMC Foundation Chairman Matt Wood (Ash Grove Cement). “It will also be the perfect place to launch our matching gift campaign so that we can take full advantage of the Troesh family’s philanthropy and build the endowment to a point of being a lasting resource.” —