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FOR IMMEDIATE RELEASE
July 12, 2022
Valero Texas Open Distributes Over $11.7M to Charity in June
Charitable Fundraising from this Year’s Tournament Totaled $22M
SAN ANTONIO, TX — The Valero Texas Open, along with its Champions fore Charity fundraising campaign and the Valero Benefit for Children, raised a record-breaking $22 million this past April when the event celebrated its 100th anniversary. The cumulative charitable fundraising total is now $209 million since the event’s inception.
Tournament representatives recently hosted two events and distributed charitable contributions to local nonprofits from this year’s net tournament proceeds.
Champions fore Charity is an annual charitable initiative organized and supported by the Valero Texas Open, providing over 200 charity organizations throughout the greater San Antonio community and beyond with a fun and unique fundraising platform.
The program’s annual Celebration of Champions was held on Friday, June 24 at Valero’s headquarters. Over 275 representatives of charities, schools and program sponsors from San Antonio, Austin and Corpus Christi attended the luncheon as funds raised through the seven month-long fundraising campaign were distributed to the 158 agencies in attendance. Donors who contributed to the program generated $10.77M. The charities also received several financial incentives including a 7% matching gift provided by the Valero Texas Open.
Champions fore Charity Ambassador, David Chancellor (News 4 San Antonio Anchor) was on hand for the event and helped to announce the program’s record-breaking total of $11.55M distributed to charities from the 2021-2022 fundraising campaign.
The Valero Texas Open also hosted Happy Hour for Heroes on Tuesday, June 28 to acknowledge and celebrate the sponsors who supported and the military focused charitable organizations who benefitted from this year’s Night to Honor Our Heroes presented by Boeing military appreciation gala. The intimate gathering was held at the Fort Sam Houston Golf Course Clubhouse where more than $225,000 in net proceeds from Night to Honor Our Heroes were distributed to eleven charitable recipients.
“While the Valero Texas Open has an extensive military appreciation platform during tournament week,” explained Dave “Mako” Petersen, USAF (Ret) and this year’s Valero Texas Open Military Affairs Committee Chair, “the financial contributions made to military charities will provide resources and assistance to our servicemen and women, and their families, 365 days a year.”
None of these charitable contributions would be possible without continuous support from corporate partners, sponsors, individual donors, fans and the entire San Antonio community.
The Valero Texas Open will begin its next century March 27 – April 2, 2023 at TPC San Antonio.
ABOUT VALERO
Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which owns two renewable diesel plants located in the U.S. Gulf Coast region with a combined production capacity of approximately 1.2 billion gallons per year, and Valero owns 12 ethanol plants located in the U.S. Mid-Continent region with a combined production capacity of approximately 1.6 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments. Please visit investorvalero.com for more information.
ABOUT VALERO IN THE COMMUNITY
Valero Energy Corporation, through its subsidiaries (collectively, Valero), and the Valero Energy Foundation are committed to improving the quality of life in communities where Valero has major operations. In 2023, Valero, its employees and the foundation collectively generated more than $77 million in charitable support through direct/in-kind donations, fundraising and volunteerism. Valero employees logged more than 127,000 volunteer hours in 2023 for hundreds of projects in their communities. Valero provides funding to a variety of nonprofit agencies for programs and services supporting education, basic needs, health care and civic initiatives. Through the overwhelming support of sponsors, the foundation’s signature programs, the Valero Texas Open and Benefit for Children, generated more than $23 million raised in 2023 for charities across the United States.
ABOUT THE VALERO TEXAS OPEN
The Valero Texas Open is the sixth-oldest professional tournament in golf worldwide, the third-oldest on the PGA TOUR and the longest held in the same city. In 2022, the tournament celebrated its 100th anniversary.
Its list of champions includes some of the greatest names in golf history: Walter Hagen, Byron Nelson, Ben Hogan, Sam Snead, Arnold Palmer, Ben Crenshaw, Hale Irwin, Lee Trevino, Nick Price, Justin Leonard, Zach Johnson, Adam Scott, Jimmy Walker, Jordan Spieth and 2019, 2023 champion Corey Conners to name a few.
Since Valero became title sponsor in 2002, the tournament has become a leader in charitable fundraising among PGA TOUR events. The Valero Texas Open, together with its Benefit for Children and Champions fore Charity initiatives, has contributed more than $232 million to hundreds of worthy charities since inception. Please visit www.ValeroTexasOpen.com for more information.
Media Contacts
Stephanie Sage
Valero Texas Open
Director, Marketing & Community Relations
210.345.3839 office
Lee Patterson
Valero Texas Open
Director, Media Relations
704.913.1088 mobile
