Background Image
Previous Page  30 / 52 Next Page
Information
Show Menu
Previous Page 30 / 52 Next Page
Page Background

Westgate Resorts, founded in 1982, is one of the world’s largest

privately owned timeshare companies. Its 28 themed destination

resorts offer more than 13,500 villas and hotel rooms in high-demand

locations, such as Orlando and Miami, Florida; Park City, Utah; Las

Vegas, Nevada; and Gatlinburg, Tennessee.

While Siegel is still charging ahead with ambitious growth plans

(more on that later), his ideas for changing lives have grown beyond

offering owners a lifetime of great vacations and employees the oppor-

tunity to grow their careers and finances.

Multiple Approaches

Siegel leads several philanthropic efforts, including the Westgate

Resorts Foundation and the David’s Dollars Foundation. They are both

registered 501(c)(3) charitable organizations. Each has its own goals

and funding mechanisms, but they have one thing in common. “David

personally pays the foundations’ administrative costs so that every

available dollar raised goes directly to those in need,” says Mara

Frazier, senior director for community affairs and the Westgate

Foundation. Together, the two foundations have donated more than

US$14 million to charities and individuals in need.

The Westgate Resorts Foundation funds charities and causes in

communities where employees live and work. According to Frazier,

emphasis is placed on children, women, families, seniors, veterans,

and programs that improve the quali-

ty of their lives. Donations come from

employees and vendors, as well as

Westgate owners, who give when

visiting their home resort. They’re

also given the opportunity to make

additional donations with their annual

assessments.

The David’s Dollars Foundation

operates as a safety net for Westgate

team members who encounter

unforeseen crises. “If they encounter a tragedy beyond their control,

we help pay their expenses,” Siegel explains. Along with donations by

team members, it’s funded by Westgate vendors and marketing part-

ners. “Anyone who does business with Westgate has to contribute.”

The foundations have an eight-member board of directors, but

Siegel doesn’t participate. “I wanted the employees to make the deci-

sions,” he says.

Most recently, after the tragic death of their 19-year-old daughter

in June, Siegel and his wife, Jackie, announced a new cause: the

Victoria Siegel Memorial Foundation, which will focus on providing

young people with counseling and health services to help them over-

come life challenges such as substance abuse.

Help for the Homeless

An effort Siegel is particularly proud of is Hospitality Helps, a public-

private partnership that brings hundreds of local charities, companies,

and faith-based organizations together to transition families out of

homelessness. The impetus came when Siegel saw a

60 Minutes

pro-

gram that featured three homeless families in Florida’s Seminole

County. “One family was living in a bread truck,” he recalls. “The next

day I found out who they were. We found them housing and jobs, and

all three families are thriving. One of the mothers is a manager at

Westgate, and one of those children testified before Congress on

homelessness.”

Rather than providing one-time

handouts, the program looks to create

sustainable solutions. To date,

Hospitality Helps has assisted more

than 300 families transitioning from

homelessness, Frazier says.

In recognition of Westgate’s leader-

ship in this area, Mark Waltrip, chief

operating officer of Westgate Resorts,

was named to the Central Florida

28

RESORTDEVELOPER.COM

vacation industry review

OCTOBER – DECEMBER 2015

WESTGATE RESORTS

David Siegel may not come across as an

introspective individual. The founder and

CEO of Orlando, Florida–based

Westgate

Resorts

, is renowned for his outsized

personality. But at almost 80, Siegel has

experienced his share of triumphs and

struggles, and what may not be as well-

known about him is his generosity —

particularly to his employees and the

communities in which Westgate resorts are

located. In a moment of reflection, Siegel

shares, “My motivation is to change lives.”

By Judy Kenninger

Westgate Resorts

Industry and Community Leader