National ``Home for Every American Award,'' Sponsored by the United States Interagency...

* Reuters is not responsible for the content in this press release.

Thu Apr 10, 2008 11:17am EDT

National ``Home for Every American Award,'' Sponsored by the United States Interagency Council on Homelessness, Honors Richard E. Schaden

  Award Recognizes Progressive Approaches to End Family Homelessness
DENVER--(Business Wire)--
Richard E. Schaden, Chairman and founder of Consumer Capital
Partners and Quiznos, was today presented the national "Home for Every
American" award by the United States Interagency Council on
Homelessness for his formation of America's Road Home, the first
national front to end family homelessness and his recent contribution
to Denver's Road Home part of the city's 10 year plan to end
homelessness. The award was presented by Philip Mangano, Executive
Director for the Council and the federal government's point person on
homelessness.

   "This award recognizes individuals making innovative and
noteworthy contributions in the fight against homelessness," said Mr.
Mangano. "Mr. Schaden's contribution of both capital and
entrepreneurship to Mayor Hickenlooper's solution-oriented homeless
plan in Denver has provided a unique opportunity to create sustainable
long term housing for homeless families while enhancing the
neighborhoods in which these residences exist. And nationally,
America's Road Home will be an important funding source in the battle
against family homelessness."

   Currently, the Denver's Road Home program is being touted as a
model that should be explored for future projects by many political
and community leaders. With the help of Consumer Capital Partners'
expertise, Denver's Road Home is building housing, promoting training
and self-sufficiency, and contributing to the process of putting the
formerly homeless back on their feet.

   Mr. Mangano also said, "Schaden and his team donated $1.5 million
to the Denver's Road Home project. Importantly, they also provided a
new model that not only includes sustainable family housing but also
an innovative restaurant concept that adds value to the neighborhood.
The restaurant will act as a 'hands on' laboratory for culinary
students across the city, provide jobs for residents and create a
neighborhood restaurant that residents can be proud of. This
public-private model is now gaining momentum across the nation with
other cities interested in creating more sustainable solutions for the
homeless."

   Denver's Road Home was launched in November 2007 as a
public-private partnership between the city, the Schaden family and
Mercy Housing Colorado. The plan provides a comprehensive, integrated
approach blending a "housing first" model with responsibility, self
reliance and accountability. This effort has acted as a launching pad
for a broader national effort for Schaden.

   Schaden and his team will today launch America's Road Home, a
national 501(c)(3) charitable organization, in an effort to raise
national awareness of family homelessness and raise contributions to
end it.

   "We have seen unexpected homelessness in both of our families and
wanted to do something that would replace despair and depression with
hope and empowerment," said Mrs. Cheryl Schaden. "The Schaden Family
Foundation and the city of Denver have come together and created a
model that achieves all of these objectives. It is our hope that this
model will be adopted nationally as we believe this innovative
solution will have a huge impact in helping those in need across our
nation."

   Both Denver's Road Home and America's Road Home were established
around the model of Causal Capitalism, which brings private expertise
from business sectors to social concerns.

   "I am honored to receive this prestigious award on behalf of the
Schaden Family Foundation," said Richard E. Schaden. "Our focus is to
commit our resources, expertise, and experience in business to social
solutions."

   About Richard E. Schaden (Rick)

   Richard E. Schaden is the Founder, Chairman and a significant
shareholder of Quiznos. He built the concept from 18 franchises in
1991 to over 5000 worldwide today. He and his team are also actively
developing new restaurant and retail concepts. He has also been
recognized for his work with philanthropic activities, recently
donating $1.5 million to Denver's Road Home project and developing a
new Causal Capitalism model, which will initially be focused on
homelessness. He and his team are also working with Jeffrey Sach's
Millennium Promise on solutions to end extreme poverty.

   About the Schaden Family Foundation

   The Schaden Family Foundation, headquartered in Denver, works to
promote constructive social and ecological change through a focus on
innovative and sustainable solutions in the Foundation's core area of
focus. In developing countries, it focuses on providing people with
the resources necessary to lift themselves out of the vicious cycle of
extreme poverty. Domestically, it supports local communities by
combating homelessness and providing high potential, disadvantaged
youth with the opportunities necessary to succeed in school and life.
The foundation is directed by Richard F. and Richard E. Schaden.

   About Consumer Capital Partners

   Headquartered in Denver, Consumer Capital Partners is an
innovative private investment, concept development and strategic
advisory firm focused on multi-unit retail businesses, primarily in
the restaurant, liquor, food and leisure industries. Consumer Capital
Partners principals have extensive backgrounds in the fields of
private equity, brand, concept and product development, and strategic
consulting.

Coltrin & Associates
Angela Redding, 212-221-1616

Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.