Sonepar USA donates $300,000 to NAED foundation

April 28, 2005
Interest from the contribution will go toward future projects and studies

Interest from the contribution will go toward future projects and studies

Sonepar USA recently donated $300,000 to the National Association of Electrical Distributors (NAED) Education and Research Foundation. The company’s donation will become part of an endowment fund for the foundation, and the principal amount of the endowment will remain untouched while the interest will be used to commission future projects and research studies.

For its contribution, the company will be recognized at the guarantor level and have a permanent position on the Channel Advantage Partnership Council, which will help select future educational programs and research projects.

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