Tony Petrello: A Supporter Of Education And Research

The most devastating thing about Hurricane Harvey was the massive amount of flooding that hit the Houston Texas area. This region is one of the more densely populated areas throughout the United States so when flood waters rose almost overnight millions of people were affected. The devastation was widespread and left millions without homes or necessities. This sudden hardship prompted many companies to act in order to relieve suffering. The relief efforts began with the employees of Nabors Industries taking time off from work to volunteer it to relief efforts. Their employer saw this act of kindness and knew it should be encouraged.

Nabors Industries took a bold step and granted any employee taking time to help with relief efforts paid time to do it with. The company wanted their employees and community to know that they are behind them. So when the employees later raised over $176,000 to go towards relief efforts the CEO Tony Petrello was there to match the donation.

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The company also realized there was more it could do personally. They began by taking advantage of their large company kitchen and began cooking meals for families in need three times a day. About 10% of Nabors Industry’s employees were affected by the flooding. However, their charity is not limited to times of crisis the company has a long history of supporting the Houston community. For example, the Nabors Industry Charitable Foundation has worked tirelessly in its pursuit of aiding the community. They have given over $3million to Nabors Industries Employees and their children towards their education.

These philanthropic endeavors are likely inspired and encouraged by their CEO Tony Petrello. Since moving to Houston from New Jersey Petrello has fallen in love with the area and its people. He has shown his affection through financial support of various charities in the area. The largest benefactor of any of these charitable donations is Texas Children’s Hospital. He personally has donated $7 Million to support their research efforts. With his wife, Cynthia Petrello they make a philanthropic team. their passion is also supporting education. When a former teacher and mentor of Tony Petrello’s died, he elected to donate $150,000 to an award in his instructor’s honor. This instructor was very popular among former students so naturally funds began coming in from other alumni to support it. When these other funds poured in for the endowment fund Petrello donated another $150,000 to match them.

Find more about Anthony Petrello: https://patch.com/new-jersey/livingston/every-dollar-newark-academys-rise-flourish-campaign-matched-2017

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