Syndicate’s stock continues to rise

FORT WORTH, Texas – The Fort Worth Stock Show Syndicate, the single largest financial supporter of the Fort Worth Stock Show & Rodeo, certainly has momentum on its side. After the 34-year-old organization enjoyed a record-setting contribution at the Junior Sale of Champions in February, it capped off its stellar 2013 year with the largest and most successful Sponsors Party in November.


So it’s no wonder why Chairman Scott Prince, who joined the Syndicate in 2002 and has been a member of the group’s leadership team for the past seven years, has so much optimism about his first year at the head of the organization.


“We’ve enjoyed tremendous growth and are very grateful for our ever-expanding sponsor base,” Prince said. “Our members have done a great job continuing the mission set by our founders, and we are looking forward to impacting a lot more kids’ lives in the 2014 sale.”


Last year, the group topped the historic $3 million mark at the Sale of Champions, with every dollar going to the children who raised the award-winning animals. The Grand Champion once again brought in a bid in excess of $200,000.


The 2014 Sale of Champions, the culmination of a year’s worth of hard work from the Syndicate’s more than 100 members, will take place on Saturday, Feb. 8 at 9 a.m. at the West Arena.


The excitement for the annual Sale of Champions begins that Friday when the Grand Champion and Reserve Grand Champion are selected. The anticipation continues Saturday morning when the Syndicate, having spent all night preparing the food, hosts an early-morning breakfast for its sponsors prior to the start of the auction.


“The energy is just tremendous,” Prince said. “All of our sponsors understand the importance of their investment in these kids who have worked so hard. And getting to meet face-to-face with the young people who will benefit is truly profound.”


In addition to its generous giving at the Sale of Champions, the group also donates $100,000, in the form of 10 $10,000 scholarships, to deserving youth through the 4-H and FFA programs. The goal is to double that figure to 20 scholarships in the near future.


“The region really supports, loves and takes pride in Fort Worth’s western heritage,” Prince said. “As a result, community members make generous investments in order to continue that heritage and everything it means to our city.”


The annual Sponsors Party on Nov. 16 saw a record attendance of more than 750 people. A dinner cooked by the Syndicate members, along with a live auction and silent auction kicked off the fundraising for the year. A performance by Reckless Kelly, an Austin-based country music band, capped the night.


“It was a great celebration,” Prince said. “It always is a fantastic opportunity to thank our sponsors for their commitment to such a worthy cause, and that night really gets us excited about 2014.”