Market Analysis: Another Great Story

*Another Great Story*
**By Tony Garritano**

***I like to spotlight companies in our space that are giving back. I think community service is important. This time PROGRESS in Lending has learned that Ellie Mae has said that its volunteer, employee-run community outreach program, EllieCares, continued to grow stronger in 2011 and will be expanded to its regional offices in 2012. Here’s the scoop:

****EllieCares is run entirely by Ellie Mae employee-volunteers. A committee of Ellie Mae employees selects both local and national organizations that will be beneficiaries of the employees’ fundraising and outreach activities. Ellie Mae supports EllieCares by giving employees time off with pay for participating in these volunteer activities and matching employee-raised contributions.

****Some of EllieCares’ initiatives in the past three years have included:

****>> Fulfilling the holiday wishes of needy children through the Family Giving Tree;

****>> Hosting the annual Ellie Mae Marketplace fundraiser for the Alameda County Community Food Bank, as well as supporting food drives and volunteer workdays during the year;

****>> Building homes with Habitat for Humanity East Bay;

****>> Helping to staff the Walk for Wishes fundraiser for the Make-A-Wish Foundation, Bay Area Chapter, in California;

****>> Preparing and serving meals to homeless and needy members of the community with City Team Oakland;

****>> Painting transitional housing for families for the Family Emergency Shelter Coalition;

****>> Giving blood donations to the American Red Cross Bay Area Chapter;

****>> Creating and selling earthquake-preparedness kits to raise money for the American Red Cross Haiti Relief and Development Fund.

****“Giving back is part of our heritage and our culture. Ellie Mae team members are passionate about helping people in need and making a difference in our community,” said Sig Anderman, Chief Executive Officer of Ellie Mae. “In the past few years, our volunteers have raised thousands of dollars for worthy charities and brightened the holidays for many children in our community. I am proud of the success of EllieCares and am excited to see it do even more in 2012.”

****Kudos to Ellie Mae and others in our space that take the time to give back.