Meredith Employees to Repair Homes, American Legion Hall in Columbus Park Neighborhood in Des Moines
WASHINGTON, D.C. – October 18, 2012 – (RealEstateRama) — More than 200 Meredith Corporation employees will volunteer on today to complete repairs for homeowners and the American Legion Hall in the Columbus Park neighborhood of Des Moines. Employees will also plant 35 trees between Indianola Rd. and SE 4th St., and Columbus Park will receive a much-needed lift with new picnic tables and a bocce ball court.
Teams of employees will work on three homes in the neighborhood. Worksites will be located on East Edison Street and SE 1st Street.
The Meredith volunteers will work on projects that the homeowners could not complete themselves. These improvements include: gutter repair; landscaping; painting; repairing and replacing flooring; installing bathroom fixtures; and installing ramps. In addition, a team of volunteers will do some landscaping and repair a bocce ball court at Columbus Park, and they will plant 35 trees along Edison Avenue.
“This workday marks our 11th year partnering with Rebuilding Together,” said Mell Meredith, Chairman of the Meredith Corporation Foundation and Vice Chair of the National Rebuilding Together Board. “Meredith employees look forward to this project every year, and we are proud of the fact that we have helped hundreds of homeowners.”
Rebuilding Together Greater Des Moines is one of the 200 Rebuilding Together affiliates that preserves affordable homeownership and revitalizes communities nationwide. In the past 17 years, Rebuilding Together Greater Des Moines has organized more than 20,000 volunteers who have repaired or rehabilitated more than 1,000 houses and non-profit facilities. The result is $6.8 million in added market value to Des Moines homes and neighborhoods.
“As an organization, Rebuilding Together strives to provide significant quality-of-life enhancements for individual homeowners and tenants,” said Kimberly Hansen, the Executive Director of Rebuilding Together Greater Des Moines. “We look forward to working with the Meredith employees to help this neighborhood.”
MEDIA NOTE: To schedule an interview or to visit the work site on May 18, please contact Kathy Nowacki at 515-422-3425 (cell).
About Meredith Corporation
Meredith Corporation (NYSE: MDP; www.meredith.com) is the leading media and marketing company serving American women. Meredith features multiple well-known national brands – including Better Homes and Gardens, Parents, Family Circle, Allrecipes.com, Ladies’ Home Journal, Fitness, More, American Baby, EveryDay with Rachael Ray and FamilyFun – along with local television brands in fast-growing markets. Meredith is the industry leader in creating content in key consumer interest areas such as home, family, health and wellness and self-development. Meredith uses multiple distribution platforms – including print, television, online, mobile, tablets, and video – to give consumers content they desire and to deliver the messages of its advertising and marketing partners.
Additionally, Meredith uses its many assets to create powerful custom marketing solutions for many of the nation’s top brands and companies. Meredith Xcelerated Marketing has significantly added to its capabilities in recent years through the acquisition of cutting-edge companies in digital, mobile, social, healthcare, database, and international marketing. Most recently, Meredith made a strategic investment in London-based Iris Worldwide, a leader in experiential marketing.
A hallmark of Meredith’s business model and financial profile is its ability to consistently generate substantial free cash flow by leveraging the strength of its multi-platform portfolio. Meredith is committed to increasing Total Shareholder Return through dividend payments, share repurchases and strategic business investments. Meredith has paid a dividend for 65 straight years and increased its dividend for 19 consecutive years. On October 25, 2011, Meredith announced a 50 percent increase in its annual dividend to $1.53 per share.
About Rebuilding Together
Rebuilding Together is the nation’s leading nonprofit organization working to preserve affordable homeownership and revitalize neighborhoods by providing extensive rehabilitation and modification services to those in need at no cost to those served. With the help of everyday citizen volunteers, skilled trades people, the support of local business and major corporate partners, Rebuilding Together affiliates in America’s largest cities and smallest towns make life considerably better for thousands of low-income homeowners and the communities in which they live by completing 10,000 projects per year. Rebuilding Together has programs dedicated to energy efficiency, veteran’s housing, aging in place and Gulf Coast reconstruction.
For more information, visit www.RebuildingTogether.org.