Lapine, an award-winning merchandise agency focused on building brands through creative solutions, has formed the Mark Lapine Endowment for Families in Business.
The endowment was created in honor of the 50th anniversary of Lapine, as well as to recognize Mark Lapine's 50 years of service to the company he founded with his father, David S. Lapine, in 1962.
The mission of the endowment is to provide resources to families in business in Stamford and the surrounding community of lower Fairfield County.
"For both my family and our business, the community has always been at the heart of what we do and we are excited for the opportunity to give back to it," said Noah Lapine, president of Lapine. We've experienced both the challenges and the gifts of a family business, and with this endowment we are able to share the resources we were given with others."
Two longstanding collaborators, First County Bank and the University of New Haven Center for Family Business, are joining in partnership with Lapine on establishing the endowment.
"First County Bank is proud to join Lapine and the University of New Haven Center for Family Business in providing support and resources for family-owned businesses." Rey Giallongo, chairman and CEO of First County Bank, said. "Family-owned businesses are embedded in the fabric of our local community and their success is key to the livelihood of Fairfield County."
Lapine attributes much of its longevity and success to the partners it has worked with over the years that understand the business, as well as the needs of a family-owned company. Lapine is confident that these partners will help the endowment flourish, as well.
"Family businesses, large and small, make up a significant portion of our economy and the UNH Center for Family Business is proud to have served them for the past 19 years," Paul Sessions, director of the center, said. "We are honored that Lapine chose to include us in creating and administering the Mark Lapine Endowment."
One of the goals of the partnership is to provide information and resources targeting the unique needs of family-owned businesses. The group plans to achieve this through a series of informative events and seminars. The inaugural event for the Mark Lapine Endowment for Families in Business is scheduled to take place from 8 to 11 a.m. Wednesday, Oct. 30, at the Hilton Stamford Hotel & Executive Meeting Center, One First Stamford Place.
For reservations, call 203-327-9099, ext. 1512.