Servco Foundation Pledges Initial $120,000 To Maui Recovery Efforts

August 22, 2023

HONOLULU – The Servco Foundation, the philanthropic arm of Servco Pacific Inc. (Servco) has committed to donate an initial $120,000 to organizations dedicated to recovery efforts on Maui, including a donation of $20,000 to American Red Cross Hawaiʻi and $10,000 applied toward school supplies for displaced families with children.

“Our hearts go out to the families and communities on Maui impacted by the devastation of the wildfires. This is truly an unprecedented tragedy,” said Peter Hirano, Executive Director of Servco Foundation. “During times like these, we are humbled to join the entire state in mobilizing support for our Maui ʻohana, now and in the future, as they work toward recovery.”

The Foundation will continue to work closely with Servco Maui team members to determine the distribution of funds. Servco also provided vehicle support for on-the-ground transportation needs, and Servco Maui team members have mobilized volunteers to help the Maui Humane Society.

For more information on Servco’s Maui response, please visit http://www.ServcoCares.com.

 

About Servco Pacific

Founded in 1919, Servco Pacific Inc. is Hawaiʻi’s largest private company. Servco’s main businesses are in automotive distribution and retailing, and in musical instruments and e- learning. In the automotive area, it owns a diverse group of automotive businesses including exclusive distributorships of Toyota, Lexus, and Subaru in Hawaiʻi; a network of over 30 retail dealerships in Australia and Hawaiʻi, and Hui Car Share and other mobility initiatives. It is one of the Top 15 largest automotive dealer groups based in the U.S. and the largest Toyota dealer group in Australia. In musical instruments, it owns Fender Musical Instruments Corporation, the iconic global maker of Fender, Gretsch, Jackson, Squier and EVH guitars, basses and amplifiers and provider of music e-learning through its Fender Play app; and Presonus, a leader in music technology solutions for creators and players. Servco is also a major shareholder in Roland Corporation, the innovative manufacturer of electric keyboards, synthesizers, percussion and guitar amplifiers and sound effects. In addition to Servco’s operating businesses, it is an active investor in venture capital, particularly around mobility and music creation. The company has been recognized as a 2023 US Best Managed Company and one of the “Best Places to Work in Hawaii” for 19 consecutive years. For more information, visit www.servco.com.

About the Servco Foundation

The Servco Foundation was established in 1986 by Servco Pacific Inc. (Servco) in recognition of its responsibility as a corporate citizen to the communities it serves. The Foundation has been principally funded from past earnings of Servco and its affiliates, which have operations in automotive distribution & retail, car sharing, and musical instruments. The Foundation provides support to various cultural, social, service, health and other institutions and organizations and educational agencies and institutions throughout the State of Hawaiʻi and beyond. Over 100 organizations benefit annually, and they, in turn, continue to provide outstanding service to the community. The employees of Servco are the people behind the Foundation’s donations. For additional information, visit www.servco.com.