S. Truett Cathy

S. Truett Cathy
Born March 14, 1921 (1921-03-14) (age 90)
Eatonton, Georgia, United States
Residence Atlanta, Georgia
Citizenship United States
Known for founder of Chick-fil-A
Net worth US $ 1.5 billion (est.)
(March 2010)[1]
Religion Southern Baptist
Spouse Married, 3 children
Website
www.truettcathy.com

Samuel Truett Cathy (born March 14, 1921) is the founder of Chick-fil-A, a quick service restaurant chain based in suburban Atlanta, Georgia, USA.

Contents

Early life

Cathy was born in Eatonton, Georgia in 1921. He attended Boys High School in Atlanta, Georgia. He served in the U.S. Army during World War II. Cathy began the chain in the Atlanta suburb of Hapeville, Georgia in 1946 with a restaurant called the Dwarf Grill, named for its small size. It was there that he, along with his brother and partner, Ben, created the sandwich that later became the signature menu item for Chick-fil-A. The original restaurant, since renamed Dwarf House, is still in operation, and the company operates other Dwarf House locations in the metro Atlanta area.

Career

Cathy is a member of the First Baptist Church in Jonesboro, Georgia, and also has taught Sunday School there for over 50 years. He has testified that the Bible is his guide-book for life.[2] As an extension of his convictions, all of the company's locations (whether company-owned or franchised), are closed on Sundays — a rare policy within the food-service industry — to allow its employees to attend church and spend time with their families.[3] This is a policy that began when Truett was working 6 days a week, multiple shifts. He decided to close on Sundays to relax and recharge,[4] as well as honor God. The policy remains intact today as the restaurants are closed on Sunday.

He is also a philanthropist, having given to numerous charitable causes, many with evangelical ties. Cathy is also closely involved with the sponsorship of the college football bowl game now known as the Chick-fil-A Bowl, but from 1997-2005 known as the Chick-fil-A Peach Bowl, and prior to that simply the Peach Bowl. On October 28, 2006 he received the last vehicle off the assembly line of Ford's Atlanta plant which symbolizes a 60-year relationship between Truett and the Ford plant. The plant had opened its doors one year after Truett opened the Dwarf Grill and Truett regularly served all three shifts. Cathy has also given extensive donations to Berry College in Rome, Georgia. Cathy also built the WinShape program at this school, and continues to give numerous scholarships each year.

He has written five books: the autobiography Eat Mor Chikin: Inspire More People, a motivational book entitled It's Easier to Succeed Than to Fail, the parenting book It's Easier to Build Boys Than Mend Men, an explanation of his business success in How Did You Do It, Truett?, and a final novel on the significance of money in today's society titled "Wealth, is it worth it?". He also contributed to the anthology Conversations on Success and co-wrote with Ken Blanchard Generosity Factor: Discover the Joy of Giving Your Time, Talent, and Treasure. There is a portion of Jonesboro Rd and McDonough Rd in Henry County,Georgia and Clayton County,Georgia named in his honor. Cathy has said that the motivational book "Think and Grow Rich" by Napoleon Hill was one of the greatest foundations for inspiration growing up.[5]

In April 2008, Cathy opened a new restaurant concept called "Upscale Pizza" with one location in Fayetteville, Georgia.[6] The menu features pizza, hot dogs, sandwiches and milkshakes. Cathy has said there are no plans to turn this one-shot store into another chain.

Contributions

Cathy has dedicated his time and resources to many philanthropic causes, focusing on those related to the welfare of needy children. In 1984, Cathy established the WinShape Foundation, named for its mission to shape winners. In 2010, the foundation provided roughly $18 million to fund the development of foster homes and summer camp. Past donations from the WinShape Foundation include the funding of several college scholarships and marriage counseling programs. The foundation has awarded nearly 820 students of Berry College with Scholarships of up to $32,000.[7][8] WinShape has also given $3 million to anti-gay groups since 2003.[9][10]

In 2008, Cathy's WinShape foundation became the winner of the William E. Simon Prize for Philanthropic leadership which awarded it $250,000 towards future philanthropy, as a result of its contributions to society. The prize was created to further ideals such as personal responsibility, resourcefulness, volunteerism, scholarship, individual freedom, faith in God, and helping people who help themselves. It honors living philanthropists who have shown exemplary leadership through their charitable giving, highlights the power of philanthropy to achieve positive change, and seeks to inspire others to support charities that achieve genuine results.[7][8]

Additionally, Cathy has dedicated his time and resources towards welcoming homeless children into his home and has taught in Sunday school sessions. He has fostered children for over 30 years, and has since taken in nearly 200 foster children through WinShape Homes. WinShape Homes is a long-term foster care program that includes 14 foster homes throughout Alabama, Georgia, and Tennessee.[7][8]

Cathy also has a Leadership Scholarship program for Chick-fil-A restaurant employees, which has awarded more than $23 million in $1,000 scholarships in the past 35 years.[8]

In recognition of his philanthropic efforts through WinShape, Cathy received the Children's Champion Award for Family and Community from the charitable organization Children's Hunger Fund in 2011. [11]

Honors and memberships

Cathy has received numerous honors, including membership in Omicron Delta Kappa (OΔK), the National Leadership Honor Society. He received OΔK's highest award, the Laurel Crowned Circle Award in 2009. He also received the Norman Vincent and Ruth Stafford Peale Humanitarian Award, the Horatio Alger Award, the William E. Simon Prize for Philanthropic Leadership, and the Boy Scouts of America Silver Buffalo Award. Cathy was inducted into the Junior Achievement U.S. Business Hall of Fame in 2003.[12][13]

He is a member of Pi Kappa Alpha and Delta Sigma Pi Fraternities.[14]

In 2007, Forbes magazine ranked Cathy as the 380th richest man in America and the 799th richest man in the world, with an estimated net worth of $1.2 billion.[15][16]

Various quotations from him are to be read on Chick-fil-A's individually wrapped restaurant mints.

Cathy was inducted into the Indiana Wesleyan University Society of World Changers on April 3, 2011. In addition to being inducted into the Society, the university also conferred upon Cathy an honorary doctorate of business.

References

  1. ^ "The World's Billionaires (2010): #655 S. Truett Cathy". Forbes. March 3, 2010. http://www.forbes.com/lists/2010/10/billionaires-2010_S-Truett-Cathy_AARY.html. 
  2. ^ Cathy, S. Truett, 1989. It's Easier To Succeed Than Fail, Oliver-Nelson Books, ISBN 0-8407-9030-9
  3. ^ "Chick-fil-A’s Closed-on-Sunday Policy" (PDF). http://www.chick-fil-a.com/Media/PDF/ClosedonSundaypolicy.pdf. Retrieved 2011-12-02. 
  4. ^ Cathy, S. Truett, 1989. It's Easier To Succeed Than Fail, Oliver-Nelson Books, ISBN 0-8407-9030-9
  5. ^ Cathy, S. Truett Eat Mor Chikin: Inspire More People, 2002. Looking Glass Books, ISBN 1-929619-08-1.
  6. ^ Guy, Joe (2008-04-25). "Metro Atlanta Business News". ajc.com. http://www.ajc.com/business/content/business/stories/2008/04/25/truett_0425.html. Retrieved 2011-12-02. 
  7. ^ a b c Samuel Truett Cathy Philanthropy. Faces of Philanthropy, accessed December 21, 2010.
  8. ^ a b c d 2008 Simon Prize Recipient. Philanthropy Roundtable, accessed December 21, 2010.
  9. ^ Devaney, Tim; Stein, Tom (November 8, 2011). "Chick-fil-A Increases Donations to Anti-Gay Groups". AllBusiness.com. http://www.allbusiness.com/franchising/16713835-1.html. 
  10. ^ Winters, Rosemary (November 10, 2011). "Sugar House protesters say Chick-fil-A is anti-gay". The Salt Lake Tribune. http://www.sltrib.com/sltrib/sports/52888536-78/gay-chick-family-fil.html.csp. 
  11. ^ "Relive the Night". Childrenshungerfund.org. 2011-04-16. http://www.childrenshungerfund.org/resonate. Retrieved 2011-12-02. 
  12. ^ "The Weekly Online!". Theweekly.com. 2007-05-25. http://www.theweekly.com/news/2007/May/25/Truett_Cathy.html. Retrieved 2011-12-02. 
  13. ^ "Silver Buffalo Awards". Scouting: 37. September 2007. 
  14. ^ Pikes.org - Feature Story
  15. ^ "Forbes 400 Richest Americans (2007): #380 S Truett Cathy". Forbes. September 20, 2007. http://www.forbes.com/lists/2007/54/richlist07_S-Truett-Cathy_AARY.html. "Net worth: $1.3 billion" 
  16. ^ "The World's Billionaires (2007): #799 S Truett Cathy". Forbes. March 9, 2007. http://www.forbes.com/lists/2007/10/07billionaires_S-Truett-Cathy_AARY.html. "Net worth: $1.2 billion" 

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