ESOPATHON Shatters Fundraising Records!

EO23 - EOF Reception_Jim Bonham-Dave Fitzgerald-Ali Jamshidi

Because of your amazing efforts, the Employee Ownership Foundation is thrilled to announce that October’s ESOPATHON has shattered last year’s fundraising total by $100,000, raising more than $512,000 in a single month! In addition, your support for ESOPATHON has helped the EOF raise more than $700,000 in 2023, another all-time high.

THANK YOU to all our ESOPATHON individual donors, corporate teams, and The ESOP Association’s chapters who combined to make this our most successful ESOPATHON to date, and for proudly and passionately standing up for employee ownership nationwide. Thanks to your generosity and support, the EOF can not only continue in its critical mission to grow employee ownership in America, but we can also begin to expand our programming and services (more on that in the next article).

The Foundation is extremely grateful for the growing number of ESOPs and employee owners each year who have embraced ESOPATHON and made it a central focus for their Employee Ownership Month activities. Thank you again for generosity, and we are looking forward to another record-breaking year in 2024!


The Top Chapter honors went to TEA’s New England Chapter, which raised $45.71 for every employee owner in the chapter.

Special recognition also goes to the California-Nevada Chapter and the Illinois Chapter, the first time these chapters have made the top 3. Congratulations!

The Top Individual fundraiser was Marcus Piquet, from Ambrose Advisors, who raised $30,000! Close behind Marcus were Ali Jamshidi (CTL Engineering) and immediate past EOF Chair Cindy Turcot.

The Top Team went to Carris Reels, which raised more than $60,000!

And the most successful team (per capita) was CTL Engineering, which raised more than $147 per employee owner!


The Employee Ownership Foundation would like to thank Newport Restaurant GroupTaylor Guitars, and Vortex Optics for their generous prize donations. ESOPATHON participants who raised more than $1,000 were automatically entered in a drawing to win a two-night stay at the fabulous Castle Hill Inn, the premier oceanside resort in Newport, Rhode Island, thanks to Newport Restaurant Group. Participants who raised more than $500 were automatically entered in a drawing to win a set of binoculars and a laser rangefinder courtesy of Vortex Optics, as well as a world-famous Baby Taylor guitar.

Congratulations to Frank Quigley, CEO of R&K Solutions, for winning the Castle Hill Inn prize!

Congratulations to Mariann Fuller, CFO of Columbia Chemical Corp., for winning the Vortex Optics prize!

And congratulations to Paul Dougherty, Tax Manager at Recology, for winning the Taylor guitar!