FinancialContent is the trusted provider of stock market information to the media industry.
June 19, 2012 at 12:46 PM EDT
Former Marine, Bar-S Foods CEO Timothy T. Day Donates $12 Million to Marine Corps Heritage Foundation to Help Complete Heritage Center

The Marine Corps Heritage Foundation (MCHF) is pleased to announce its largest individual contribution to date. Timothy T. Day, Chairman and CEO of Bar-S Foods, Co., has granted the MCHF a $12 million donation through the Timothy T. Day Foundation. The donation is a lead gift towards the completion of the National Museum of the Marine Corps’ galleries, telling the stories of Marines who have served since 1975. The donation will also fund the creation of the Timothy T. Day Overlook, to be located in Semper Fidelis Memorial Park. The new overlook will create an inviting view of the Museum, chapel and park for visitors and will be a fitting location for future Museum and MCHF ceremonies.

As part of its mission to share the history, traditions and culture of the Marine Corps, the MCHF is working to complete the development and construction of the Marine Corps Heritage Center, which includes the National Museum of the Marine Corps and Semper Fidelis Memorial Park. The Museum opened with exhibits documenting World War II, Korean War, and Vietnam War, as well as galleries on boot camp and combat art. Three additional galleries interpreting the period from 1775 through the Civil War, the Age of Expansion, and World War I opened in 2010. The exhibits telling the story of Marines who have served since the Vietnam War are scheduled to open in 2017.

“When the Marine Corps Heritage Foundation announced it was seeking donations to construct exhibits in the National Museum of the Marine Corps to honor those Marines who served since the end of the Vietnam War, Tim Day stepped up to help make sure their stories are told,” said LtGen Robert R. Blackman, Jr., President and CEO of the Marine Corps Heritage Foundation. “The Foundation feels a duty to recognize those who made history in Beirut, Desert Shield and Desert Storm, Somalia, and those who have served more than a decade of continuous combat in Iraq and Afghanistan. Tim Day’s generous contribution also ensures the creation of a beautiful overlook which will enrich visitors’ time at the Heritage Center. He shares our vision, and is an inspiration to all Marines.”

The donation is a significant boost to the MCHF’s campaign to raise the $64 million current financial requirement to complete the Marine Corps Heritage Center. The MCHF is also raising funds to produce a major film on Marine Corps history for the Museum’s new large-screen theater; complete the Heritage Center Parkway; and make improvements to the Heritage Center, including increased parking and an environmentally friendly roof for the Museum.

Day is the recipient of the 2012 MCHF John A. Lejeune Recognition for Exemplary Leadership Award, which recognizes an individual who epitomizes the core values of honor, courage, and commitment. He made his surprise gift announcement during his acceptance of the Lejeune Award this past spring.

Through the Timothy T. Day Foundation, Day provides additional support to Marines through two ongoing fellowships at Harvard Business School. He sponsors The Marine Corps Entrepreneur Fellowship, started in 2005, to provide financial support to distinguished MBA students who have demonstrated hands-on leadership as Marine officers. Day also began The Marine Corps Executive Education Fellowship in 2011, creating opportunities for promising Marine career officers to attend Harvard Business School’s Advanced Management Program.

Dedicated to the preservation and promotion of Marine Corps history, the Marine Corps Heritage Foundation was established in 1979 as a non-profit 501(c) (3) organization. The MCHF supports the historical programs of the Marine Corps in ways not possible through government funds. The MCHF provides grants and scholarships for research and the restoration and preservation of historical Marine Corps artifacts and landmarks. Securing the necessary funding for the complete construction of the Marine Corps Heritage Center, which includes the National Museum of the Marine Corps and Semper Fidelis Memorial Park, located in Triangle, Virginia, is the MCHF’s current primary mission while continuing to provide program support for the Corps’ historical, museum, and educational activities.

Contacts:

for Marine Corps Heritage Foundation
Victoria Shapiro, 202-414-0774
Vshapiro@susandavis.com
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
   
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More