Foundation Gets Pledges

The National Association of Electrical Distributors (NAED) Education and Research Foundation, a 501 (c)(3) not-for-profit organization, has received a series of significant pledges by electrical distributors and manufacturers. The pledges include: $500,000 from Hubbell Inc.; $1,000,000 from Square D/Schneider Electric; $250,000 from Cooper Industries; and $250,000 from Thomas & Betts Corporation. These contributions will be come part of an endowment fund for the foundation.