WESTCHESTER, Ill., Dec. 9, 2014 /PRNewswire/ -- Insurance Auto
Auctions, Inc. (IAA), a business unit of KAR Auction Services
(NYSE: KAR), and the leading live and live-online salvage auto
auction company, has raised over $142,000 for Alex's Lemonade Stand Foundation
(ALSF) to help raise awareness and funds in the battle against
childhood cancer.
In recognition of National Childhood Cancer Awareness Month in
September, IAA raised funds through a month-long fundraising
campaign by selling lemonade onsite in over 100 IAA branch
locations during auction sale days. As a top 100 fundraiser for
Alex's Lemonade Stand Foundation, IAA has raised over $400,000 to date since beginning company-wide
fundraising efforts for the Foundation. In addition to cash
donations, insurance companies and other donors donated proceeds
from the sale of vehicles at IAA auctions that contributed to
fundraising efforts.
"I am proud of the enthusiasm with which IAA employees
contributed toward this great cause, and I am honored by the
generosity of IAA's providers and buyers in donating vehicle sales
that helped us surpass our fundraising goals by 42 percent," said
John Kett, CEO and president, IAA.
"Our team came together in creative and impactful ways – our
Houston branch raised over
$16,000 and our Orlando-North branch
customized a yellow 2005 Harley Davidson with ALSF colors and
decals that auctioned for $6,000 –
all to support Alex's Lemonade Stand Foundation in the fight
against childhood cancer."
"Alex's Lemonade Stand Foundation thanks IAA for its critical
support in this important fight against childhood cancer," said
Liz Scott, Alex's mom and
Co-Executive Director of ALSF. "For the past few years, IAA has
consistently been among our top fundraising companies, and we are
pleased to continue our mission together in making a difference in
the lives of children with cancer, supporting research into new
treatments and cures for pediatric cancer."
This is the third year that IAA has committed to a
corporate-wide partnership with Alex's Lemonade Stand Foundation.
In previous years, IAA participated in ALSF's National Lemonade
Days in June, a collaborative initiative that raises nearly
$1 million for childhood cancer
research over the course of three days.
"Mercury shares IAA's commitment in actively supporting causes
that give back to the local communities we serve," said
John Dicken, National Director of MD
Claims, Mercury Insurance. "We were able to raise $15,500 to fight childhood cancer by auctioning a
Mercury Insurance donated 2015 Kia Sorrento at an IAA event in
Anaheim. We're a proud partner of IAA and Alex's Lemonade Stand
Foundation, and we hope these fundraising efforts move us one step
closer to finding a cure to pediatric cancer."
About Insurance Auto Auctions, Inc.
Insurance Auto Auctions is the leading live and live-online
salvage vehicle auction company and a business unit of KAR Auction
Services (NYSE: KAR). Headquartered in Westchester, Illinois, IAA has over 160
auction facilities throughout North
America offering towing, financing and titling services.
With the most auction facilities in North
America, IAA provides registered buyers from around the
globe with millions of opportunities to bid on and purchase donated
and salvaged vehicles. Since 1982, IAA has sold millions of
vehicles through its weekly auctions for insurance companies, fleet
and rental companies, financing companies, charity organizations
and the general public. IAA also leverages its business model to
assist charitable organizations in the US through its One Car One
Difference® campaign. To date IAA has provided millions of dollars
in additional funding to charities by assisting in the processing
of donated vehicles. Learn how we are making a difference by
visiting www.1car1difference.com. With a talented team of over
2,000 employees, IAA is committed to providing customers with the
highest level of services in the salvage auto industry. Go to
www.IAA-Auctions.com to learn more, and follow IAA on Facebook and
Twitter.
About Alex's Lemonade Stand
Alex's Lemonade Stand Foundation (ALSF) emerged from the front
yard lemonade stand of cancer patient Alexandra "Alex" Scott
(1996-2004). In 2000, 4-year-old Alex announced that she wanted to
hold a lemonade stand to raise money to help find a cure for all
children with cancer. Since Alex held that first stand, the
Foundation bearing her name has evolved into a national fundraising
movement, complete with thousands of supporters across the country
carrying on her legacy of hope. To date, Alex's Lemonade Stand
Foundation, a registered 501(c)3 charity, has raised more than $80
million toward fulfilling Alex's dream of finding a cure, funding
over 450 pediatric cancer research projects nationally. For more
information on Alex's Lemonade Stand Foundation, visit
AlexsLemonade.org.
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SOURCE Insurance Auto Auctions, Inc.