MBA Opens Doors Concludes Hugely Successful Summer Campaign

WASHINGTON, D.C. (September 25, 2014) – Today, the MBA Opens Doors Foundation announced it had raised more than $31,000 during its three-month “92 Days of Summer” fundraising campaign.  The Foundation is the Association's philanthropic entity dedicated to providing financial assistance to families with a critically ill or injured child by awarding grants toward a mortgage or rental payment.


“Our ’92 Days of Summer’ fundraising event provided members of the real estate finance industry with a great philanthropic opportunity, and they responded in a big way,” said Debra Still, CMB, Chairman of the MBA Opens Doors Foundation.  “With more than $31,000 donated in only three months, the men and women who work every day to put Americans in the home of their dreams also showed they are up to the challenge of helping families with critically ill children stay in theirs.  Their generosity provides families critical financial support during a tremendously stressful and emotional period in their lives.”

With MBA’s in-kind donations for all of the Foundation’s operating costs, Opens Doors is able to pass 100 percent of the donations it receives to the families it supports.  The Foundation’s ongoing relationship with Washington, D.C.’s Children’s National Health System provides a partner health care organization to help identify potential grant recipients.

The MBA Opens Doors Foundation is a 501(c)(3) organization and all contributions are tax deductable.  For more information about the Foundation or to make a donation, please go to www.mbaopensdoors.org.

The MBA Opens Doors Foundation was launched in October 2011, with an initial start-up contribution of $50,000 from the Mortgage Bankers Association and with MBA covering all administrative costs of the Foundation. The Foundation’s two initiatives assist families with critically ill or injured children by providing mortgage or rental assistance grants to help them keep their homes in the face of significant medical expenses. Having begun by serving families in the Washington, D.C. area, MBA Opens Doors has established a sound operational framework that will enable the Foundation to expand across the United States. Learn more at www.mbaopensdoors.org.