ORF Provides North Dakota Flood Victim Assistance

 The Open Road Foundation today announced that it has provided victim assistance grants worth a total of $74,000 to 19 employees of Coach America to help defray those families’ expenses related to severe flooding along the Souris River in the Minot, ND area.

 The homes of all 19 employees were significantly damaged or destroyed by the historic floods caused by heavy rains upstream in Canada, together with snow melt and heavy local rains. Meteorologists called the event a “1-in-100 year flood.” More than 11,000 people total were evacuated during the flooding episode.

 “The support from the Open Road Foundation was incredibly generous and came at a very crucial time for our employees,” said George Maney, President and CEO of Coach America, the largest tour and bus operator in the United States. “The speed of the response to the crisis helped our employees in the Minot area deal with what was and continues to be a truly life-altering experience. The Open Road Foundation has been there in the past for our people and was again this time.”

 Bill Webb, President of The Open Road Foundation, commented, “We were very pleased to be able to respond in a timely manner to this crisis. We felt this was such a significant event that we needed to respond to the limits of our ability as a Board of Trustees and provide economic relief for these employees and their families. Because of the support of our many sponsors and contributors, we were in a financial position to provide these grants.”

 The Open Road Foundation, originally founded by Fenway Partners, a New York City-based middle market private equity firms with holdings in transportation and logistics, just concluded its annual fundraiser in the form of a golf tournament in Demarest, New Jersey, just outside of New York City. More than $150,000 was raised through contributions from Fenway’s portfolio companies, their suppliers, and other individuals and companies that support those in the trucking and logistics industry.