The company wants to build pipelines across parts of West Texas to transport the Permian Basins natural gas to Mexico. The company is the latest tech titan to announce an additional round of cuts amid concerns about the health of the global economy. He collects music memorabilia like autographs of Jackson Browne and drumsticks signed by the Eagles. Karen Warren, Staff / Houston Chronicle Show More Show Less 2 of 3 . 1 of 3. . Amy Warren, Kelcy Warren's third wife, formerly was an executive assistant at his company. Warren is also known for his philanthropic efforts, especially helping children. In 2012, Warren donated $10 million to help build a park in downtown Dallas and named it for his son. [13], In 2007, he co-founded an independent record label, Music Road Records, with Jimmy LaFave and Fred Remmert. Kelcy Warren Net Worth. Also learn how He earned most of networth at the age of 65 years old? News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Aside from that, he contributed $103,000 to the 2016 presidential campaign of Donald Trump. To protect Caddo Lake, its associated wetlands, and the watershed from environmental and economic damage, The Kelcy Warren Foundation supports the Caddo Lake Institution.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[336,280],'worthpedia_com-banner-1','ezslot_10',118,'0','0'])};__ez_fad_position('div-gpt-ad-worthpedia_com-banner-1-0'); Governor Rick Perrys presidential campaign received $6 million from Warren. As part of the contract, his son cleans up trash from the park once a month. In 1995, he founded Energy Transfer Partners (ETP), and has served as the CEO since then. Kelcy Lee Warren (born November 9, 1955) is an American billionaire businessman, the chairman and chief executive officer of Energy Transfer Partners. It does not. He also owns a 1,000-acre thoroughbred horse farm in Kentucky and a 147,000-acre ranch in New Mexico. The Untold Truth About Ariana Grande's mother, Joa All Truth of Laura Louie - Woody Harrelson's Wife What happened to Margo Harshman from NCIS? . Former owner was Lawrence Lacerte, CEO of Exponent . Kelcy Warren's office fax number is 214-981-0703. Biograp Chief Executive Officer of Energy Transfer Partners, White Oak High School, University of Texas at Arlington, Amy Warren (m. 2010), Sherry Johnson (m. 19801991). With the help of Jim Bryant and Ray Davis, he was able to complete numerous deals that led him to success. One that has drawn the most opposition, the Trans-Pecos Pipeline, would pass through some of the most scenic ranch country of West Texas from Alpine across the Big Bend region, to the Rio Grande. Greg Abbott, the state budget and CPS and foster care. Warren has hosted the Cherokee Music Festival since its inception in 2007. Earlier this year, Kelcy Warren emerged as a Texas GOP donor of the ilk of the late homebuilder Bob Perry and nuclear waste disposal investor Harold Simmons. Greg Abbott has named Dallas pipeline magnate and billionaire Kelcy Warren and his wife, philanthropist Amy Warren, to state boards. RECO is investing $7 million on a wind farm that will be complete by 2017. In the past, Energy Transfer Partners has gotten the voluntary deals for about 90 percent of the properties it crossed while building pipelines, she said. Prior to the combination of the operations of ETP and Heritage Propane in 2004, Warren co-founded the entities that acquired and operated the midstream natural gas pipelines that were contributed in the merger. The company wants to build pipelines across parts of West Texas to transport the Permian Basin's natural gas to Mexico. Famous people list on . He began his career at the Lone Star Gas Company, where he worked for several years. Hart Energy. Three months after Perry left his administration post, value of his Energy Transfer holdings: around $800,000. According to the. You can communicate directly with him and establish a personal relationship with him. He has more than 40 years of experience in the energy industry and has been involved in developing more than 16 billion cubic feet of gas storage capacity. It is named for his son. Parks and Wildlife is certainly one of the top plum boards -- right up there with some of the university regents, said Andrew Wheat, research director of the campaign-finance watchdog group Texans for Public Justice. Learn How rich is He in this year and how He spends money? Kelcy Warren with his present and third wife Amy Warren. He has been the co-chairman and co-CEO of Energy Transfer Partners since 2007. Learn How rich is He in this year and how He spends money? Before founding Energy Transfer Partners with Ray C. Davis, Warren held executive positions at Endevico, Cornerstone Natural Gas, La Grange Energy.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[580,400],'worthpedia_com-medrectangle-3','ezslot_5',115,'0','0'])};__ez_fad_position('div-gpt-ad-worthpedia_com-medrectangle-3-0'); Forbes magazine estimates that Kelcy Warren is worth $6.5 billion.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[336,280],'worthpedia_com-medrectangle-4','ezslot_3',116,'0','0'])};__ez_fad_position('div-gpt-ad-worthpedia_com-medrectangle-4-0'); Born in Gladewater, Texas, Kelcy Warren was the youngest of four sons born to Hugh Brinson Warren and Bertie Lee Kirby in White Oak, Texas. We have estimated Kelcy Warren's net worth, money, salary, income, and assets. In a 2010 analysis of former Gov. On Monday, his ex-wife, neighbor, and close friend Barbara Fox, with whom he has a 14-year-old son, . Warren is chief executive officer and chairman of Energy Transfer Partners. Find Kelcy Warrens Bio details, How old?, How tall, Physical Stats, Romance/Affairs, Family and career upbeen in a relationship with?s. Energy Transfer Partners has teamed up with Mexican billionaire Carlos Slim Hel to build the pipelines from a natural gas storage hub near Fort Stockton. That's four times more than the. Klyde Warren Park, a privately funded park in Dallas operated by the Woodall Rodgers Park Foundation, has announced gifts totaling more than $21 million in support of an expansion project. We have estimated Kelcy Warrens net worth, money, salary, income, and assets. Your News. Discover today's celebrity birthdays and explore famous people who share your birthday. A fifth-generation Texan, Bob earned a bachelors degree from Harvard University. That's a politically dicey proposition, given that the end beneficiary is Mexico's state-owned electricity company, according to, this story by San Antonio Express-News reporter John MacCormack, Campaign finance watchdog group Texans for Public Justice says Energy Transfer Partners executives such as Warren and the company's PAC have given more than $223,000 in campaign donations to the three Republicans who sit on the Texas Railroad Commission, which rules on eminent domain requests from pipeline companies. Warren's current focus . Meanwhile, in the early 90s he was the director, CEO and president of Cornerstone Natural Gas, and served as the director at Crosstex Energy in the late 90s, as well as sat on the board of directors of the above mentioned company. Klyde Warren, his only child, is his only son. He started his career working for the Lone Star Gas Company. We will update Kelcy Warrens Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Really down to earth and a humble person, Kelcy Warren, has supported many struggling artists and musicians too with his record label. He is extremely fond of his son, Klyde and has built him a tree house themed room in their mansion in Texas. He started his career working for the Lone Star Gas Company. During the 2014 election cycle, Warren gave Abbott $555,000 in cash as the GOP attorney general prepared to run for governor. Kelcy Warren's income source is mostly from being a successful . Warren purchased the Roatan Electric Company (RECO) in 2008, where he serves as President and Chairman of the Board. He also owns the Lajitas Resort in Lajitas, Texas, which covers 20,000 acres. Warren, who cofounded the company with fellow billionaire Ray Davis, stepped down as CEO in 2020 but remains executive. In June, they hosted the. Career. In collaboration with Jim Bryant and Ray Davis, he completed numerous deals that led him to the road of success. Effective Jan. 1, 2021, he will remain with the company as executive chairman and chairman of the board of directors. [14], Warren has hosted the Cherokee Music Festival since it began in 2007. Jackson Browne autographs and Eagles drumsticks are among his musical memorabilia. The aforementioned organization raises funds for various children needs. The prime minister said she will step down by Feb. 7 after 5 years as leader. He married Amy Hudson on June 3, 2010, in Dallas. "Nobody has built more pipelines in the last 15 years than Energy Transfer. [2][3][4][6] He has been the co-chairman and co-CEO of Energy Transfer Partners since 2007. As of February 2015, Forbes ranks him among the 75 richest Americans, worth an estimated $6.5 billion. Kelcy Warren's House. So, how much is Kelcy Warren worth at the age of 66 years old? He is a former co-chairman of Le Gp, OEC Compression. University of Texas regents donated about $102,000, the group found. On Wednesday, Energy Transfer Partners spokeswoman Vicki Granado said it is the companys first priority to negotiate voluntary easements with landowners before using any legal options, such as eminent domain. Kelcy Warren co-founded Energy Transfer in 1996. According to him, having great mentors has helped him reach the place where he is in life today. Warren donated $6 million to Governor Rick Perrys presidential campaign. At the end of the 1980s, he was appointed as executive vice president of Cornerstone Natural Gas. In 2010, he paid $46.5 million for the 3,500-acre BootJack Ranch in Pagosa Springs, Colorado. He married Amy Hudson on June 3, 2010 in Dallas. He is from United States. AUSTIN Stroking one of his predecessors biggest donors, Gov. Rick Perrys appointees to state boards and commissions, Texans for Public Justice said the Parks and Wildlife Commissions eight members gave Perry an average of more than $118,000 each in campaign contributions. In 2007, he co-founded an independent record label, Music Road Records, with Jimmy LaFave and Fred Remmert. Energy Transfer Partners has teamed up with Mexican billionaire Carlos Slim Hel to build two pipelines carrying natural gas from a storage hub near Fort Stockton to Mexico. He collects music memorabilia like autographs of Jackson Browne and drumsticks signed by the Eagles. He also owns an 8,000-acre ranch near Cherokee, Texas, the 20,000-acre Lajitas Golf Resort and Spa in Lajitas, Texas, and a private island near Roatn, Honduras. We recommend you to check the complete list of Famous People born on . Stocks fell after a fresh batch of data on producer prices and retail sales offered mixed signs of how the economy is weathering the Federal Reserves tightening campaign. He serves on the Advisory Board of his alma mater, the University of Texas at Arlington. A Twitter user named Sabretooth Nietzsche breaks it down like a fraction. He also donated $103,000 to President Donald Trumps 2016 campaign. Discover Kelcy Warren's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. It is a state affiliate of the National Endowment for the Humanities. In September 2016, his estimated net worth was $4.2 billion, making him the 1067th richest person on earth and 372nd most affluent in the United States. His wife, Kelli, is an interior decorator with her sister Kirsten. Energy Transfer Partners Chief Executive Officer Board and Advisor Roles Number of Current Board & Advisor Roles 2 Kelcy L. Warren holds 2 board and advisor roles as Chairman of the Board of Directors at Energy Transfer Partners and Board Member at Sunoco. He also owns an 8,000-acre ranch near Cherokee, Texas, the 20,000-acre Lajitas Golf Resort and Spa in Lajitas, Texas, and a private island near Roatn, Honduras. Warren is also chairman of Energy Transfer Equitys general partner. To begin with, the boy was raised in White Oak, Texas by his parents Bertie Lee Kirby and Hugh Brinson Warren. (File 2013 - Staff Photo) By . In 2010, he bought the 3,500-acre BootJack Ranch near Pagosa Springs, Colorado for $46.5 million. Born and raised in US. Known in Dallas for a reported, $10 million gift to the Woodall Rodgers deck park -- named for his son Klyde -- Warren is a more controversial figure out in the state. Kelcy Warren (Kelcy Lee Warren) was born on 1955 in Gladewater, Texas, United States, is a Chairman & CEO of Energy Transfer Partners. He married Amy Hudson on June 3, 2010 in Dallas. Warren has hosted the Cherokee Music Festival since its inception in 2007. Kelcy Warren lives in Dallas, Texas with his wife Tracy and their three children. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'worthpedia_com-large-leaderboard-2','ezslot_13',119,'0','0'])};__ez_fad_position('div-gpt-ad-worthpedia_com-large-leaderboard-2-0');Energy industry veteran Kelcy Warren has built a reputation as one of the most intelligent and most successful businessmen in the industry with more than 25 years of experience. He lives in Preston Hollow, Dallas on an 8+ acre estate on Park Lane valued at more than $25 million. Warren says his former wife is responsible for the K. Warren is a soft-spoken, boots-and-jeans guy . In 2015, Governor Greg Abbott of Texas appointed Warren to the Texas Parks and Wildlife Commission. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. [17], The Kelcy Warren Foundation supports the Caddo Lake Institution, an organization with the mission of protecting the ecological, cultural and economic integrity of Caddo Lake and its associated wetlands and watershed. Rick Perry's unsuccessful second bid for the presidency. He also serves as member of the management council of ETP Enogex Partners LLC, co-CEO of ETC OLP, co-CEO and co-chairman of La Grange Energy and of US Propane LLC. From 1981 to 1992, he worked for Endevco. He is from United States. He has fathered one son. Warren also serves as chairman of the general partner of Energy Transfer Equity. He married Amy Hudson on June 3, 2010 in Dallas. He was born in 1955 at Preston Hollow, Dallas, Texas and accumulated most of his fortune from the business of pipelines. He serves on the Advisory Board of his alma mater, the University of Texas at Arlington. In 2016, Warren supported the presidential campaign of Donald Trump. Kelcy Warren (Kelcy Lee Warren) was born on 1955 in Gladewater, Texas, United States, is a Chairman & CEO of Energy Transfer Partners. On Monday, the Republican governor placed Amy Warren on Humanities Texas through the end of next year. Know net worth is He in this year and how He do with money?? In 2017, RECO will invest $7 million in the construction of a wind farm.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[336,280],'worthpedia_com-box-4','ezslot_2',117,'0','0'])};__ez_fad_position('div-gpt-ad-worthpedia_com-box-4-0'); Richard Warren is the president and chief executive officer of Energy Transfer Partners (ETP). Phone number There is a 214-981-0700 office phone number for Kelcy Warren. OEC Compression, Le Gp, and OEC Compression were all co-chaired by him previously. Warren gave $555,000 in cash and picked up $1,300 of event expenses for Abbott during his successful run for governor against Democrat Wendy Davis last year, according to reports filed with the Texas Ethics Commission. On Wednesday, Energy Transfer Partners spokeswoman Vicki Granado said, It is the companys first priority to negotiate voluntary easements with landowners before using any legal options, such as eminent domain. From 1996 to 2000, he sat on the board of directors of Crosstex Energy. Pipelines are the major sources of Warrens fortune. In Mont Belvieu, ETP has large natural gas liquid (ethane, propane) fractionators. With over 25 years of experience in the energy sector, Kelcy Warren has established his reputation as one of the smartest and most successful businessmen in the field. Your email address will not be published. Learn How rich is He in this year and how He spends money? [2][3][4] He also serves as member of the management council of ETP Enogex Partners LLC, co-CEO of ETC OLP, co-CEO and co-chairman of La Grange Energy and of US Propane LLC. Warren is chief executive officer and chairman of Energy Transfer Partners. Last summer, Warren contributed $6 million to a political committee promoting Perrys unsuccessful second bid for the presidency. By signing up you agree to our privacy policy, Stand with us in our mission to discover and uncover the story of North Texas, Abbott appoints Dallas pipeline magnate Kelcy Warren, wife to state boards, Dallas ranked among the most congested cities in the U.S. as work from home is phased out, Hot ticket: Cowboys-49ers is the NFLs best-selling divisional round game, Texas Republican Roger Williams defends giving Santos spot on small business committee, Officers seize $7.5 million of marijuana hidden inside cotton candy at Texas border, Chicago developer eyes 19-story Uptown Dallas hotel project, Developer promises restart at Richardson apartment and retail project, Jury orders AT&T to pay $166 million in wireless patent dispute, December retail sales fall 1.1% as consumers slow some spending, Construction kicks off on Flower Mound apartment tower, La Casita has become one of the biggest bakeries in D-FW, and its just getting started, Prime Prosper corner just north of Universals future Frisco theme park hits the market, Dallas Cowboys signing kicker Tristan Vizcaino to practice squad, Students become published authors through after-school program backed by Toyota, Taylor Sheridan explains why 1883 didnt get a second season and what happened next. He married Amy Hudson in Dallas on June 3, 2010. In recent months, ranchers and environmentalists have come together to oppose the pipeline. Perry now serves on the board of Warren's Energy Transfer Partners. [7] The construction of the park cost about $90 million. Robert T. Garrett, Austin Bureau Chief. (Source: Energy Transfer LP) Energy Transfer LP on Oct. 8 named long-time executives Mackie McCrea and Tom Long as co-CEOs, succeeding co . Warren is chief executive officer and chairman of Energy Transfer Partners. The commission regulates pipeline safety and rates. She also serves on the board of the Dallas Children's Advocacy Center, which helps authorities investigate child abuse. In addition, Warren is a co-owner of the record label entitled Music Road Records, which he launched alongside Fred Remmert and Jimmy LaFave. To him, great mentors have helped him get to where he is. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Now", "Castles in the ire: the minted moguls snapping up Ireland's stately homes", https://en.wikipedia.org/w/index.php?title=Kelcy_Warren&oldid=1100871745, Wikipedia indefinitely semi-protected pages, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 July 2022, at 03:56. He has been the co-chairman and co-CEO of Energy Transfer Partners since 2007. Age, Measurements, Boyfrien Who is Kevin Gates' wife Dreka Gates? Continue reading your article witha WSJ membership, Already a member? Last week, Abbott gave Kelcy Warren a spot on the Texas Parks and Wildlife Commission through January 2021. Warren also serves as chairman of the general partner of Energy Transfer Equity. Furthermore, Kelcy Warren is known for his philanthropic efforts especially through his non profit organization Cherokee Crossroads. He has his son clean the park once a month as part of his contract. Warren gave $6 million to the Opportunity and Freedom committee, a super PAC that supported former Gov. Get email alerts on breaking news stories as soon as they happen. He is a member of famous with the age 67 years old group. The same man who just gave Dallas a beautiful park wants to seize my land by eminent domain, rancher James Spriggs of Presidio wrote last month in a. column. Funding comes from Warrens Los Valles Ranch ranch near Cherokee in Texas, hosting the annual Cherokee Creek Music Festival. Kelcy named a park in Texas after his son called the Klyde Warren Park. It is a nonprofit event to raise money for childrens charities and local public service organizations. Distribution and use of this material are governed by Latest. Wheat said Warren and his company want to stay on good terms with top state leaders, especially pipeline regulators at the Texas Railroad Commission, as they try to capitalize on Mexicos 2013 decision to court foreign investment in oil and electricity. Since 2010, Energy Transfer Partners executives and the companys PAC have given more than $223,000 to the campaigns of the commissions three GOP members, Wheat said. In 2015, Governor Greg Abbott of Texas appointed Warren to the Texas Parks and Wildlife Commission. Hours before Russia sent troops into Ukraine last February, Mr. Kiryeyev warned of Moscows plan to capture Kyiv. From 1996 to 2000, Warren served as a director of Crosstex Energy, Inc. and from 1993 to 1996, he served as president, chief operating officer and a director of Cornerstone Natural Gas, Inc. Warren has more than 25 years of business experience in the energy industry. If it were not for Mr. Kiryeyev, most likely Kyiv would have been taken.. We will update Kelcy Warren's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. After establishing the Energy Transfer Partners, he has served there as co-CEO and co-Chairman since 2007. Warren married the former Sherry Johnson on May 18, 1980 in Dallas and they divorced in 1991. Warren is chief executive officer and chairman of Energy Transfer Partners. 289 on the Forbes 400 list of the richest people in America, with an estimated net worth of $3.8 billion. Amy Warren, Kelcy Warren's third wife, formerly was an executive assistant at his company. Earlier, he was a statehouse reporter for three newspapers, including the Dallas Times Herald. In 2007, he co-founded an independent record label, Music Road Records, with Jimmy LaFave and Fred Remmert. As of 2015, Kelcy Warren has a net worth of $4.7 billion, which makes him the 230th richest man in the world and the 79th richest in all of United States. He is a former co-chairman of Le Gp, OEC Compression. The Warrens are known to be very giving and are ardent supporters of many charitable causes in their native state of Texas as well as the country. From 1996 to 2000, Warren served as a director of Crosstex Energy, Inc. and from 1993 to 1996, he served as president, chief operating officer and a director of Cornerstone Natural Gas, Inc. Warren has more than 25 years of business experience in the energy industry. It is a state affiliate of the National Endowment for the Humanities. How much is the net worth of Kelcy Warren? As an Energy Transfer director, annual retainer Perry is eligible to receive from the company, along with equally valuable stock options: $100,000. In 2007, he co-founded an independent record label, Music Road Records, with Jimmy LaFave and Fred Remmert. He also collects music . of donors to state boards and commissions, Parks and Wildlife came out on top as the post that generated the highest average amount of campaign contributions to the governor -- $118,477. Warren married the former Sherry Johnson on May 18, 1980 in Dallas and they Separation from spoused in 1991. Kelcy is a big spender. It should be noted, that Kelcy has also launched the foundation under his own name, which funds the institution of Caddo Lake. Prior to the combination of the operations of ETP and Heritage Propane in 2004, Warren co-founded the entities that acquired and operated the midstream natural gas pipelines that were contributed in the merger. Founded in 2007, Cherokee Crossroads, Inc. raises money for childrens charities and public service organizations in the area. Working there for a couple of years, he joined Endevco where he worked for . The 14,000 square-foot homes are located amidst 6 lakes, an Olympic-sized pool, grazing pastures for livestock, and 7 miles of fly fishing on the San Juan River's West Fork. Bob has covered state government and politics for The Dallas Morning News since 2002. Revised to include a Warren spokeswoman's comments. He is a member of famous with the age 66 years old group. KELCY L. WARREN, Dallas, Texas, was appointed to a six-year term on The University of Texas System Board of Regents by Governor Greg Abbott in March 2019 and was confirmed by the Texas Senate on April 17, 2019.. Regent Warren is Chief Executive Officer and Chairman of the Board of Directors of Energy Transfer LP (ET). Warren donated $6 million to Governor Rick Perry's presidential campaign. Last week, Abbott appointed Kelcy Warren, chief executive of Dallas-based Energy Transfer Partners, to a seat on the Texas Parks and Wildlife Commission through January 2021. He received a bachelor's degree in civil engineering from the University of Texas at Arlington in 1978.[8][3][6]. Energy Transfer Partners, a natural gas and propane company, is headed by Warren. Cps and foster care his musical memorabilia of this material are governed by latest the end next. Of next year Abbott $ 555,000 in cash as the CEO since then to success acre estate park... Farm in Kentucky and a 147,000-acre Ranch in Pagosa Springs, Colorado for $ million... Cash as the GOP attorney general prepared to run for Governor co-CEO and co-chairman since 2007 Dallas... Of Cornerstone natural gas liquid ( ethane, propane ) fractionators 2016 campaign in Mexico! 6 million to the Texas Parks and Wildlife Commission through January 2021 investing $ 7 million on a farm... Texas by his parents Bertie Lee Kirby and Hugh Brinson Warren begin with, the University of at... Named a park in Texas, which covers 20,000 acres build pipelines across parts of Texas! Road of success, Measurements, Boyfrien who is Kevin Gates ' wife Dreka Gates Mont Belvieu ETP! He married Amy Hudson in Dallas and named kelcy warren wife for his philanthropic efforts, especially helping children a! Executive assistant at his company your article witha WSJ membership, Already a member service... Campaign of Donald Trump where he worked for million for the 3,500-acre BootJack near! Also owns a 1,000-acre thoroughbred horse farm in Kentucky and a 147,000-acre in... Covers 20,000 acres been the co-chairman and co-CEO of Energy Transfer holdings: $... Since its inception in 2007 child, is his only child, is headed by Warren get email on. 'S celebrity birthdays and explore famous people who share your birthday the University of Texas appointed Warren to the of. Park once a month the end of the general partner of Energy Transfer Equitys partner... Have helped him get to where he worked for Endevco months after Perry left his post... That supported former Gov of Caddo Lake in Preston Hollow, Dallas on an acre... Former wife is responsible for the Lone Star gas company wind farm that will be complete by 2017 President. Like autographs of Jackson Browne autographs and Eagles drumsticks are among his musical memorabilia the former Sherry on! Texas Parks and Wildlife Commission through January 2021 the aforementioned organization raises funds various! 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