Philanthropy

Giving Back To the Communities We Serve

Our philanthropic mission is to improve the lives of those around us. We do this by partnering with organizations that do one (or more) of the following below.

Improve the economic well-being of individuals and our society overall
Provide basic needs for those in our community such as shelter, food, clothing and safety
Enhance education and literacy opportunities for those of all ages
Provide healthcare resources to those in need and support our medical community

We donate approximately 1% of our revenue each year to the Parsec Prize, our charitable grant program. Since 2005, we have given more than $1.9 million to 101 NC-based non-profits.

Corporate Sponsorships

Each year we pursue dozens of charitable sponsorships across North Carolina. In 2022 we supported 69 non-profit organizations with $105,000 in sponsorships. If you would like to be considered for a sponsorship and your organization’s mission aligns with one of the four strategic pillars we noted at the top of this page, please email Tracy Clark at tclark@parsecfinancial.com.

In 2022, Parsec donated

$ 0

to 57 Non-Profit Organizations

Volunteer Time Off

We have a formal volunteer-time-off policy for our employees to be actively involved in the community and serve on numerous charitable boards. All full-time employees receive eight hours each year to volunteer during business hours. In 2022, 22 employees volunteered more than 385 hours.

Janine Bitz is extremely generous of her time. She volunteered more than 200 hours in 2022 for Community Solidarity, a food share bank where every Thursday evening they pack boxes of food that stores would alternatively put in the landfill and distribute to cars who line up. Janine said: "Holidays and in all types of weather, we are there!"