Peavey House receives record proceeds
Special to The Star
Aug. 14, 2001
CEO and founder of Peavey Electronics, Hartley Peavey, presented a record-breaking gift of $86,353 from the proceeds of the Cable Cash for Kids program to the Peavey House.
Since opening in 1989, the Peavey House serves as a temporary housing facility for children who are victims of abuse or neglect.
Dr. Raymon Leake, chairman of the 12-member board of directors for the Peavey House, received the check.
The approximate cost to serve a single child at the Peavey House is $82 a day, with the Department of Human Services covering only a fraction, $20. Individuals, civic organizations and churches also contribute to the operating budget of the program.
This gift of more than $86,000 represents the proceeds from cable sales throughout the past fiscal year. Cable sales in 1999 generated $60,000 for the shelter.
Each year in the United States, almost 2,000 children, more than five a day, die at the hands of parents and caretakers. In Mississippi, 18,389 cases of neglect and abuse were reported last year.
Peavey Electronics Corp. is one of the largest manufacturers of musical instruments and professional sound equipment in the world.
Peavey holds more than 130 patents and produces more than 2,000 products, which are distributed throughout the United States and to 134 other countries.
To find out more information about Peavey Electronics and the Peavey House, visit www.peavey.com.