Davey Tree establishes educational endowment for TREE Fund
The Davey Tree Expert Company has pledged a $250,000 educational endowment fund through TREE Fund. The Davey Fund supports community-based arboricultural education in the United States. Davey Tree has a history of supporting TREE Fund’s dedication to furthering scientific discovery and research in the field of arboriculture, and has given more than $500,000 in donations and in-kind gifts over the last 15 years.
TREE Fund is a 501(c)3 nonprofit dedicated to supporting scientific discovery and dissemination of new knowledge in the fields of arboriculture and urban forestry. Its primary public outreach and fundraising event is the green industry renowned Tour des Trees, an annual weeklong, 500+ mile cycling adventure. Since 1992 Tour riders have cycled through communities in the U.S., Canada and the U.K., planting trees, educating children and shining a light on the work done by arboriculture professionals and the importance of science-based tree care.
“As the Davey Company continues to evolve and grow, it’s increasingly important that we invest in research that will advance not only our company, but the industry that we are so proud to be part of,” said Pat Covey, president and CEO of Davey Tree. “With the establishment of the Davey Fund, we strengthen our long-time commitment to TREE Fund and its mission to support arboricultural research. This endowment fund is a reflection of our employee-owners’ dedication to continued education and the advancement of arboriculture throughout our industry.”
Davey’s pledge of $250,000 over five years will be allocated directly to the funding of scientific research on urban tree care issues and community-based education.
“All of us at TREE Fund are honored that Davey has chosen to have us serve as stewards and administrators for their new educational endowment fund,” said J. Eric Smith, president and CEO of TREE Fund. “Davey has been incredibly influential in the evolution of the modern scientific tree care industry, while also demonstrating the myriad ways that a visionary company can create social and economic good for all the communities they touch with their work. This new long-term commitment to empowering arboriculture education is yet another profound example of Davey’s century-long commitment to making a difference in the world.”