Our Employee Investment Advisory Committee
We’re proud to partner with our employees to create an Investment Advisory Committee that is representative of our diverse workforce. This innovative approach gives our employees direct influence where a portion of SIMCO charitable contributions are made throughout Southeast New Mexico. As such, our Employee Investment Advisory Grant Fund allows SIMCO to extend its funding across a wider array of regional non-profit organizations.
The mission of the SIMCO Employee Investment Advisory Grant Fund is to allocate company-funded grants, where the need is greatest, using the collective skills and knowledge of our employees to make a positive impact in the communities where we live and work.
Our SIMCO Employee Investment Advisory Committee is comprised of selected non-managerial employees who have been recognized for their leadership qualities by both their managers and peers.
Here’s how it works:
Step 1: At the beginning of each grant cycle, the Committee determines focus areas toward which to direct funds.
Funding Priorities may include:
- Public Health & Safety
- Education/STEM Career Pathways
- Food Security
- Community Vitality/Arts & Culture
- Environmental Sustainability
- Child/Youth Services
Step 2: SIMCO sends out a regional-wide request for proposals based on the Committee’s funding priorities. Interested nonprofit organizations submit their proposals to SIMCO for initial screening-criteria evaluation.
Step 3: The proposals then go to the Employee Investment Advisory Committee. Through their collaboration, review and discussion, the Committee identifies organizations that are Grant Fund finalists.
Step 4: SIMCO notifies Grant Fund finalist to make a brief presentation to the Committee which supplements its proposal.
Step 5: The Committee provides its Grant Fund recommendation to SIMCO’s executive leadership for final funding approval. The grant winners are notified and invited to a funding awards ceremony.