August 3, 2020
2020 Valero Texas Open Will Contribute More Than $14 Million To Charity
Despite tournament’s cancellation, community support endures
SAN ANTONIO – The COVID-19 pandemic canceled the Valero Texas Open, like it did so many prominent events across the country, but it didn’t stop the tournament’s legacy of giving back. Business partners, sponsors and individual donors of the tournament through its associated Benefit for Children and Champions fore Charity efforts still contributed more than $14 million in net proceeds for charitable organizations throughout south Texas and across the United States.
“Although we couldn’t celebrate crowning a champion this year, our commitment to our communities never wavered,” said Eric Fisher, Valero Senior Vice President-Wholesale Marketing and International Commercial Operations and the 2020 Valero Texas Open Tournament Chair. “None of this would be possible without so many incredibly generous groups who, despite the tournament’s cancellation, continued to provide their support because they share in our mission of caring for communities coast to coast.”
Given the urgency of need and enormous demand for social services in the communities where Valero operates, officials will be expediting the disbursement of Benefit for Children funding this year. The leadership in San Antonio and at its refineries and ethanol plants will be selecting the charities in their communities in order to provide immediate funds these organizations desperately need. Champions fore Charity recently distributed funds to 149 charities and schools that participated in the 2020 fundraising campaign.
“We are blessed by our long-standing relationships with our tournament and Benefit for Children sponsors,” said Joe Gorder, Valero Chairman and Chief Executive Officer. “This year’s charitable contribution is evidence that we are stronger together.”
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 14 ethanol plants with a combined production capacity of 1.73 billion gallons per year. The petroleum refineries are located in the United States, Canada and the United Kingdom, and the ethanol plants are located in the Mid-Continent region of the U.S. Valero also is a joint venture partner in Diamond Green Diesel, which operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel is North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America. Approximately 7,000 outlets carry Valero’s brand names. Please visit www.valero.com for more information.
ABOUT VALERO IN THE COMMUNITY
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), and the Valero Energy Foundation are committed to improving the quality of life in communities where Valero has major operations. For a seventh consecutive time, Valero was named to The Civic 50 list by Points of Light as one of America’s most community-minded companies – the top energy company on the list. Annually, Valero, its employees and the foundation collectively generate more than $64 million in charitable support through direct/in-kind donations, fundraising and volunteerism. Valero employees log close to 150,000 volunteer hours each year for hundreds of projects in their communities. The foundation provides funding to a variety of nonprofit agencies for programs and services supporting education, basic human needs, health care and civic projects. Through the overwhelming support of sponsors, the foundation’s signature programs, the Valero Texas Open and Benefit for Children, generated more than $14 million in net proceeds in 2020 for charities across the United States.
ABOUT THE VALERO TEXAS OPEN
The Valero Texas Open is the sixth-oldest professional tournament in golf worldwide, the third-oldest on the PGA TOUR and the longest held in the same city. In 2022, the tournament will celebrate its 100th anniversary.
Its list of champions includes some of the greatest names in golf history: Walter Hagen, Byron Nelson, Ben Hogan, Sam Snead, Arnold Palmer, Ben Crenshaw, Hale Irwin, Lee Trevino, Nick Price, Justin Leonard, Zach Johnson, Adam Scott, Jimmy Walker and 2019 champion Corey Conners, to name a few.
Since Valero became title sponsor in 2002, the tournament has become a leader in charitable fundraising among PGA TOUR events. The Valero Texas Open, together with its Benefit for Children and Champions fore Charity initiatives, has contributed more than $171 million to hundreds of worthy charities since inception while producing over $60 million of annual economic impact. Please visit www.ValeroTexasOpen.com for more information.
Executive Director of PR & Creative Services
Director of Marketing & Community Relations
Valero Texas Open