Tom Gores Flint Water: Owner To Help Flint

Published: January 28, 2016

Tom Gores Flint Water: Owner To Help Flint, Flint native Tom Gores is going to do his part to help his hometown.

Tom Gores, chairman and CEO of Platinum Equity and owner of the Detroit Pistons, announced today a campaign to raise at least $10 million and deploy operational resources to help with the water crisis in Flint.

Gores said he would rally support from business and civic leaders for immediate relief efforts and long-term programs focused on economic development, nutrition and health care for Flint residents.

“The issues facing Flint won’t be solved solely through government intervention and emergency support,” Gores said in a released statement. “The private sector needs to play role here, and I am committed to helping drive that effort. I grew up in Flint, my family has strong roots there, and I believe in the people who live there.”

The campaign will have three goals, he said:

• Immediate support to help ensure safe drinking water.

• Funding for nutrition programs for children.

• Long-term support for economic revitalization efforts.

Jamie Gaskin, CEO of the United Way Genesee County, which has coordinated relief efforts for many of the philanthropic organizations in Flint, said that support from the business community is vital.

“The private sector needs to be involved in helping develop solutions for Flint,” Gaskin said in the release. “We are grateful for the leadership of Tom Gores and his willingness to help mobilize the business community. We look forward to working with his team.”

Gores, a graduate of Michigan State, purchased the Pistons in 2011.

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