Charitable Foundation Continues Tradition of Community Support

Farmington, CT – The KBE Foundation continued its mission of community support this past summer, from baiting hooks at the Special Olympics fishing derby to dishing BBQ lunch to veterans and their families to swinging hammers for Habitat for Humanity.

Hartford Area Habitat for Humanity Corporate Build Special Olympics Fishing Tournament charitable focus has provided more than $4 million in community support since 2009.

The KBE Foundation is a registered nonprofit charitable organization established in affiliation with the KBE Building Corporation to continue KBE’s long history of philanthropic giving. The foundation provides financial support and volunteer staff for charitable events throughout the year. To date, KBE’s

5 Strategies for Navigating Uncertain Times

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2. Focus on valuations. Accurate valuations are critical not only for construction projects but also for equipment. Contractors making equipment purchases must contend with rising inflation, supply chain delays and fluctuating conversion rates. Careful review of all contracts and close collaboration with brokers can help ensure that valuations and associated insurance coverages remain accurate. This is most effective when viewed in real time: i.e., when equipment is being considered for purchase, and at a minimum annually, prior to renewal.

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Carmine Cimetti is vice president in the construction specialty group at insurance brokerage Hub International New England.

The foundation’s latest endeavors include a corporate build for the Hartford Area Habitat for Humanity, the Special Olympics annual Unified Fishing Tournament, and its annual Veterans Lunch at the Connecticut VA Medical Center.

For the Habitat project, a team of seven KBE Building Corporation staff joined with a Habitat leader on July 20 to help build out the lower level of a 2-story home in Hartford. The Habitat program engages families in need of housing to provide “sweat equity” in the construction of a family home and relies on volunteer support to help fund and provide construction services for each project.

In August, a group of 15 KBE staff and their families headed to the Farmington Polo Grounds in Farmington to support the Special Olympics Unified Fishing Tournament. KBE was the founding sponsor for the event, now in its sixth year. The fishing tournament draws Special Olympians from around the country. The KBE team was on hand once again to work with the athletes on all aspects of fishing, from baiting hooks to shouting encouragement when someone hooks a fish.

In September, the foundation continued its tradition of serving lunch to veterans and their families, along with staff, at the state-run Veterans Center in Newington. At its fourth annual event on Sept. 21, KBE volunteers served over 200 veterans and their family members and facilities staff with a lunch catered by Mission BBQ.