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    CIT Donates $10,000 to House of Hope as Part of the Second Annual CIT Foodortunity Contest
    Tuesday, September 30, 2014 08:35 AM
    It’s an honor to be part of an amazing group of colleagues who solicited support far and wide to help House of Hope. It is an extraordinary organization and we looking forward to continuing our support in the years to come.

    DANVILLE, VA — CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of commercial lending and leasing services, today announced that it would donate $10,000 to House of Hope, a Danville-based homeless shelter, after it received the most online votes during CIT’s second annual Foodortunity contest.

    “We are delighted to make this donation to the House of Hope as the grand prize winners in our second annual Foodortunity contest,” said Stacy Papas, Director of Philanthropy and Community Involvement for CIT. “The amount of effort they put forth to win this donation is a direct reflection of the incredible work they do to serve their community. We hope their success is an inspiration for other organizations and that all featured on our contest benefited from the increased exposure by shining a light on all they great work they do for those in need.”

    Steve Anderson, Director of the House of Hope, added, “Today the House of Hope has come to represent a new chapter of hope in the lives of many in our surrounding communities. We’re grateful to be the beneficiary of this generous donation from CIT. We appreciate the support of thousands of individuals who took the time to vote to ensure that we can continue with our important work in the community.”

    Rita Fletcher, Executive Vice President and COO, CIT Commercial Services, said “It’s an honor to be part of an amazing group of colleagues who solicited support far and wide to help House of Hope. It is an extraordinary organization and we looking forward to continuing our support in the years to come.”

    CIT’s Foodortunity contest is designed to increase awareness of local community organizations that focus on providing food and meals to those in need. Over the course of the 6-week voting period, individuals could vote online to determine which charity should receive the $10,000 grand prize donation, as well as $5,000 for second place and $2,500 for third place. House of Hope accumulated 47,995 votes out of 166,000 total votes cast.

    This year, as part of CIT’s efforts to give back to the communities in which its employees and customers live and work, CIT employees collected more than 75 tons of food and goods and donated more than 8,200 hours of their time to support their communities.

    About House of Hope
    The Danville-based House of Hope serves homeless people from any gender, race, young or old in the City of Danville, Pittsylvania County, and Martinsville. Located in the heart of Southside Virginia, the House of Hope demonstrates kindness and goodwill to our area homeless people. We provide safe overnight stay, hot meals, and a variety of support services. Professional counseling is available. If you would like to donate or volunteer, contact Steve Anderson, Director - House of Hope. danvillehoh.org 

    About CIT
    Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lendingfactoringretail and equipment finance, as well as aerospaceequipment and rail leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC), BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com 

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    CIT MEDIA RELATIONS:
    C. Curtis Ritter
    Director of Corporate Communications
    (973) 740-5390
    Curt.Ritter@cit.com

    Matt Klein
    Vice President, Media Relations
    (973) 597-2020
    Matt.Klein@cit.com

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