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 $1.5 million to 84 NC-based non-profits.

Congratulations to the 2020 Parsec Prize winners! 15 awardees will receive $200,000 in unrestricted funding to prioritize educational and literacy needs amidst the pandemic.

Corporate Sponsorships

Each year we pursue dozens of charitable sponsorships across North Carolina. In 2019 we supported nearly 50 non-profit organizations with more than $85,000 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 2019, Parsec Donated

$ 0

to 50 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.

“I volunteer for Rotary Club of Tryon by attending weekly meetings and chairing their scholarship committee. We interview Polk County High School seniors and Polk County early college graduates and award a total of $36,000 annually to six students. This is a rewarding experience for me to meet and get to know some amazing young men and women.”