One of the fundamental values at Parsec Financial is giving back to the communities we serve. We have long maintained a significant commitment to charitable giving and this core value is why we established the Parsec Prize in 2005.
The Parsec Prize is designed to help local nonprofits further their missions and help improve the lives of those served in our communities. Since 2005 Parsec has given over $1.3 million through 72 prizes to local nonprofits. The Parsec Prize represents approximately one-half of our annual charitable giving.
Each year, as we review Parsec Prize candidates, we are reminded in powerful ways of the important work being done by our area nonprofit organizations. Their work is honorable and they service critical missions. Many of these entities are quiet champions, advocating for people in difficult circumstances. We are honored to know them and contribute to their success.