Washington Capitals Ownership Group Honors Memory of Joshua M. Freeman
/ Washington Capitals
ARLINGTON, Va. - December 14, 2007 – Lincoln Holdings LLC, the ownership group of the NHL’s Washington Capitals and WNBA’s Washington Mystics, has announced a pair of initiatives in memory of the group’s partner, Joshua M. Freeman, who died in a tragic helicopter accident one year ago today.
The Capitals announced the creation of Josh's Kids, a program that will make available 250 seats for every Capitals game in Freeman’s name and donate them to a youth-oriented charity or school in the Washington, D.C., area.
Additionally, Lincoln Holdings will donate $100,000 to the Joshua M. Freeman Foundation, which is focused on Josh’s passions for the environment, the arts and athletic achievement, particularly in the Greater Washington, D.C., and Delmarva communities. At the time of his death, Josh Freeman was the chairman of the Board of Trustees of the Carl M. Freeman Foundation, established in 1960 by Josh’s father (www.freemanfoundation.org).
“We all have missed Josh greatly this past year,” said Ted Leonsis, the majority owner of Lincoln Holdings. "Josh cared deeply about sports and children and this was evident in his daily life. Josh's Kids will help us continue the outstanding philanthropic endeavors that Josh embraced."
The Capitals will hold a moment of silence prior to tonight’s game against the Buffalo Sabres in memory of Freeman.
“On behalf of the Freeman family and Foundation, we are so grateful for this support and are thrilled that we will be able to actually watch kids have new opportunities in Josh’s name,” said Michelle D. Freeman, Josh’s wife. “This is a perfect and lasting tribute that will constantly remind us of Josh’s legacy of giving back to the community.”
A graduate of the Landon School, Freeman served for three years as a Green Beret in the U.S. Army Special Forces.
As president and CEO of the Carl M. Freeman Companies, Freeman led the company in carrying its mission of building community, which he did at every point in his life. The Freeman Companies develop and operate award-winning residential and golf communities as well as neighborhood shopping centers.
A true philanthropist, Josh also served on the Board of Directors for Venture Philanthropy Partners, the Washington National Opera, the Jewish Endowment Fund and was a member of the Board of Directors and Capital Campaign Co-Chairman for the Landon School.
A business leader and catalyst for change, Josh received the 2005 Bethany-Fenwick Area Chamber of Commerce Lighthouse Award for Lifetime Achievement in the Community. That year he also was a finalist for the Ernst & Young Entrepreneur of the Year award and received the Southern Delaware Tourism Award for his significant contributions to the community. Previously Josh was awarded the 2004 Marriott International Arts and Humanities Corporate Patron Award for Excellence and the 2003 Howard J. Garber Memorial Citizen of the Year Award presented by the Greater Olney Civic Association. He also was included in Delaware Today magazine's 2003 "People to Watch - The Power 25: Delaware's Most Influential People." He has also received numerous posthumous honors in recognition of his civic contributions.
Lincoln Holdings is comprised of some of Washington's most influential and charitable entrepreneurs: Ted Leonsis (majority owner), Dick Patrick (Capitals president), Jack Davies, Richard Fairbank, Raul Fernandez, Michelle D. Freeman, Sheila C. Johnson, Richard Kay, Jeong Kim, Mark D. Lerner and George Stamas. The partnership also owns a minority stake in the Washington Wizards and the Verizon Center.