ExchangeRight Surpasses $64 Million in Lifetime Charitable Donations, Giving Over $23 Million in 2021
February 17, 2022 | ExchangeRight
ExchangeRight is pleased to share that the company and its partners provided over $23 million in charitable donations in 2021, bringing its life-to-date charitable giving to over $64 million in support of charities that have demonstrated success in meeting some of the deepest needs of a hurting world. In December, ExchangeRight launched its annual holiday charity impact campaign, raising over $650,000 from team members, investors, and industry partners in less than a month.
The charities that ExchangeRight supports undergo rigorous due diligence to ensure donations are supporting charities with track records of effectiveness, governance, and responsible financial stewardship. Some of the charities that ExchangeRight and its industry partners fund include Saving Innocence, Door of Hope, Meals from the Heartland, International Justice Mission, The Mentoring Alliance, and Children’s Hunger Fund. These organizations have proven effective in:
• Rescuing and restoring children and families out of slavery and sex trafficking
• Providing shelter, food, and prevention to children and families who face homelessness
• Helping orphans and under-resourced children with education, adoption, and healthcare
“Year after year we are humbled to have the opportunity to provide material support to excellent charities that are effectively equipping people with tangible help and hope, empowering people to overcome trauma, create security, and find purpose,” said Joshua Ungerecht, a managing partner of ExchangeRight. “We are grateful to everyone who partnered with us to support these amazing organizations in pursuit of our passion to empower people to be secure, free, and generous.”
ExchangeRight and its affiliates’ vertically integrated platform features over $4.6 billion in assets under management, diversified across over 1,000 properties, over 18 million square feet, and throughout 44 states. More than 6,300 investors have trusted ExchangeRight to manage their capital. All of ExchangeRight’s current and past offerings have met or exceeded targeted cash flow distributions to investors since the company’s founding.
About ExchangeRight
ExchangeRight pursues its passion to empower people to be secure, free, and generous by providing REIT, fund, and 1031 DST portfolios that target secure capital, stable income, and strategic exits. The company strategically syndicates net-leased portfolios of assets backed primarily by investment-grade corporations that successfully operate in the necessity-based retail and healthcare industries, as well as diversified value-add portfolios of inline and outparcel retail spaces shadow-anchored by strong-performing grocery tenants. Please visit www.exchangeright.com for more information.
Media Contact
Lindsey Thompson
lthompson@exchangeright.com
(626) 773-3448 (ext. 274)
