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DETROIT (January 15, 2020) – The Rocket Giving Fund, the 501(c)(3) that manages the Rocket Mortgage Classic, today announced more than $1.2 million in disbursements to its seven primary beneficiaries, Birdies for Charity recipients and other nonprofits. More than $1.1 million was directed to nonprofits based in the city of Detroit.
The Rocket Mortgage Classic, the first-ever PGA TOUR event in the city of Detroit, achieved unprecedented success through numerous sold-out days, dramatic play and sustained excitement throughout the region during tournament season. Today, the inaugural event continued its impact by announcing disbursements that will allow primarily local organizations to increase programming, enhance neighborhoods and benefit Detroiters.
At an event held by the Rocket Mortgage Classic and Rocket Giving Fund, donations totaling $912,340 to the tournament’s primary beneficiaries were announced. These include:
“The Rocket Mortgage Classic gives us the opportunity to highlight the city we call home. We are especially proud of how the tournament is a vehicle to engage and benefit many local organizations and their ability to impact the residents of Detroit,” said Rocket Giving Fund Board Chairman Jay Farner, CEO of Quicken Loans. “We are thankful to all the fans and sponsors who supported the event and helped us maximize our work through the Rocket Giving Fund, which will benefit thousands of Detroiters.”
In addition to the $900,000+ donated to primary beneficiaries, $310,204 was provided to Birdies for Charity and other nonprofits. The Rocket Mortgage Classic’s Birdies for Charity program supported more than 170 verified nonprofit organizations, a turnkey program that allowed them to use the Rocket Mortgage Classic as a vehicle to raise awareness of their organizations and funds to support their missions.
“Beyond the exciting play, awards, and attendance that punctuated the inaugural Rocket Mortgage Classic, today we recognize the success of the tournament through its impact on organizations across Detroit,” said Rocket Mortgage Classic Executive Director Jason Langwell. “There are amazing things happening in our city, and to be able to meaningfully contribute to nonprofits that are doing such valuable work in our own neighborhoods is incredibly rewarding.”
One beneficiary, Midnight Golf, uses golf education as a platform to connect Detroit students to committed mentors, build life and career skills training and provide social-emotional support. This commitment starts in the students’ senior year of high school and lasts throughout their college careers. Midnight Golf’s industry-leading program is designed to serve and empower students every step of the way and has impacted nearly 3,000 students. Their $225,000 disbursement from the Rocket Giving Fund will allow them to take on more high school students in 2020 and provide more resources to graduates of the Midnight Golf program who need support throughout their college career.
"These funds will allow us to continue to provide our students resources and expanded opportunities that will enhance their foundation for a successful future in college, their careers and beyond,” said Reneé Fluker, Founder and President of the Midnight Golf Program. "As a primary beneficiary of the Rocket Mortgage Classic, our students received access to a world-class event in their hometown which included career and networking opportunities. We are grateful to the Rocket Giving Fund, Quicken Loans and the entire Rocket Mortgage Classic team for their support, leadership and generosity."
The Rocket Giving Fund engaged seven community groups from in and around Palmer Park throughout the Rocket Mortgage Classic planning process. This community engagement was critical in order to make the event itself a positive experience for the community and ensure that the Rocket Mortgage Class is directly investing in the lives of local residents. In 2019, Palmer Park was the site of a KaBOOM! playground build sponsored in part by the Quicken Loans Community Fund, the philanthropic arm of Quicken Loans, which also provided dozens of volunteers. Their $150,000 donation will allow the Greater Palmer Park community to improve facilities and infrastructure in Palmer Park that will benefit Detroiters from around the city.
“The way the Rocket Mortgage Classic and the entire team at Rocket Mortgage involved the Palmer Park Community really made this feel like the collaborative partnership it is,” said Nancy Varner of the Greater Palmer Park Community. “We are all so appreciative of the Rocket Giving Fund for this significant donation, which will benefit the residents of this community as well as those who experience what these amazing neighborhoods have to offer.”
The Rocket Mortgage Classic is a continuation of the “For More Than Profit” philosophy of its title sponsor, Rocket Mortgage by Quicken Loans. Believing in doing well by doing good, the company’s philanthropic arm, the Quicken Loans Community Fund, has invested $200 million into Detroit-based organizations and programming since 2010. Additionally, its volunteers have provided 400,000 volunteer hours in its hometown of Detroit. In 2019, the Quicken Loans Community Fund organized volunteers from Quicken Loans and the Rock Family of Companies, who came together with neighborhood residents to paint, plant flowers, weed and mow in areas surrounding Palmer Park.
“Through the Rocket Mortgage Classic, we are able to showcase Detroit to the world,” said Rocket Giving Fund Board Member Laura Grannemann, Vice President of the Quicken Loans Community Fund. “These beneficiaries and nonprofits work tirelessly to make Detroit an inclusive, thriving and resilient city. We are grateful that one week of exciting tournament play can provide a lasting, year-round impact here in our hometown.”
In addition to the Rocket Giving Fund disbursements, national nonprofit Community Solutions received $200,000 through the Shot for Heroes activation at the inaugural Rocket Mortgage Classic. Community Solutions founded the acclaimed Built for Zero program, which seeks to reduce the number of veterans and individuals chronically experiencing homelessness, The tournament’s title sponsor, Rocket Mortgage, recently launched a national marketing campaign to drive awareness around Built for Zero. The Shot for Heroes activation has raised over $1.2 million in the last five years at the Rocket Mortgage Classic and Quicken Loans National.
The second playing of the Rocket Mortgage Classic is scheduled for May 25-31 at Detroit Golf Club, with a new Memorial Day start. Tickets and more information are available at www.RocketMortgageClassic.com.
About the Rocket Mortgage Classic
The Rocket Mortgage Classic made history in 2019 as the first PGA TOUR event ever held in the city of Detroit, and Nate Lashley added to the historic feel of the week by winning for the first time on the PGA TOUR and becoming the tournament’s inaugural champion. Embodying the spirit of Detroit, the week-long event featured great entertainment, cuisine and social activities on and off the course. The Rocket Mortgage Classic was the most awarded event during the 2018-19 PGA TOUR season, being recognized for “Best Special Event” (the AREA 313 Celebrity Challenge) and “Best Tournament Sales” as well as being honored with the first “Fair Way Award” for its diversity and inclusion initiatives. The Rocket Giving Fund is the primary charitable beneficiary of the tournament and will support many local charities. More information is available at RocketMortgageClassic.com and on Facebook, Twitter and Instagram (@RocketClassic).
About Quicken Loans / Rocket Mortgage
Detroit-based Quicken Loans is the nation’s largest home mortgage lender. The company closed nearly half a trillion dollars of mortgage volume across all 50 states from 2013 through 2019. In late 2015 Quicken Loans introduced Rocket Mortgage, the first fully digital mortgage experience. Today, 98% of all home loans originated by Quicken Loans utilize Rocket Mortgage Technology.
Quicken Loans moved its headquarters to downtown Detroit in 2010. Today, Quicken Loans and its Family of Companies employ more than 18,000 full-time team members in Detroit’s urban core. The company generates loan production from web centers located in Detroit, Cleveland and Phoenix. Quicken Loans also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked highest in the country for customer satisfaction for primary mortgage origination by J.D. Power for the past ten consecutive years, 2010 – 2019, and also ranked highest in the country for customer satisfaction among all mortgage servicers the past six consecutive years, 2014 – 2019.
Quicken Loans was once again named to FORTUNE magazine’s “100 Best Companies to Work For” list in 2019 and has been included in the magazine’s top 1/3rd of companies named to the list for the past 16 consecutive years. In addition, Essence Magazine named Quicken Loans “#1 Place to Work in the Country for African Americans.”
For more information and company news visit QuickenLoans.com/press-room
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