News

October 28, 2015

Fenimore Asset Management & Franklin Templeton Investments Receive Community Investment Award

The Mutual Fund Education Alliance’s STAR Awards Program presented two firms with the Community Investment Award, in recognition of a significant commitment to the community by a mutual fund firm. The awards were bestowed at the MFEA’s 2015 STAR Awards dinner held at the Hyatt Regency Chicago on October 15. This prestigious award is presented annually by the MFEA and was created to recognize the mutual fund firm that most effectively uses its resources to support the community through special programs, partnerships, in-kind goods and services, and employee volunteerism in community programs and philanthropic efforts.

Anne Putnam & Frank Privitera with award A Community Investment Award was presented to Fenimore Asset Management for A Tradition of Giving. “Fenimore Asset Management, the investment advisor to FAM Funds, is honored and humbled to receive the 2015 Community Investment Award,” said Founder & Chairman Tom Putnam. “Our culture pushes us to use our energy, time and talent to serve others and make life better for all — our investors, associates and community. Fenimore’s best work is accomplished when we are committed to something larger than ourselves.”

 Franklin Templeton Investments also received a Community Investment Award for their global employee volunteer program, Involved. “We are so proud to receive the STAR Award for Community Investment on behalf of our employees at Franklin Templeton,” said Linda Wendel, Global Head of Community Relations at Franklin Templeton. “It is the individual contributions that each of our employees make in their local communities that make our global Involved program a true demonstration of our core values, and collectively help to shape our firm’s culture. We’re thrilled to see their efforts recognized and excited to shine a spotlight on the impact that our people have on the organizations we partner with, and the communities they serve.”

 According to MFEA Director Kimber Lintz, the Community Investment Award was established to recognize the fact that mutual fund companies are strong corporate partners in their communities. “While fund companies are often recognized for their investment programs, this unique award honors companies who make their own investments in the communities in which they live,” says Lintz.

For details on both programs, please visit https://www.thestarawards.com.

 The STAR Awards for excellence in marketing and communications also were presented at the dinner. Now in its 19th year, the STAR Awards program is a prestigious recognition of mutual fund companies who excel in investor education, marketing and communications for fund shareholders, advisors, plan participants and the investing public. Visit http://thestarawards.com/2015-star-awards-winners/ to view all STAR Awards winners.