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Advisory Council Protecting Vital Resources in Turbulent Economy

from American Supply Association

It took nearly 10 years to build the Karl E. Neupert Endowment Fund designed to provide decades of resources for educational programs for the PHCP and PVF industry. It took only five months in the worst economy in nearly 70 years to wipe out over half of the value. However, thanks to the dedicated oversight of the little-known Education Foundation Endowment Fund Investment Committee established to oversee the endowment’s vital investments, the fund has weathered the near collapse of the markets. Serving on the Committee during this time were Scott Weaver (APR Supply), Nick Giuffre, (Bradford White), Jeffrey Beall (American Pipe & Supply), Bob Bruce (Consolidated Supply Co.), Mark Hanley (Hajoca), Kent McKee (Mueller Ind.), Dennis Schweiger (Kohler Co.) more

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