The Global Automotive Symposium Inc. (GAAS) and the University of the Aftermarket Foundation have joined forces.
“Because GAAS and the University of the Aftermarket Foundation share a similar mission, and the foundation has been the largest source of funds for aftermarket scholarships, it only made sense to join forces to achieve a common goal,” said Tim Lee, chairman of the University of the Aftermarket Foundation. “By donating its net assets to the University of Aftermarket Foundation, the proud legacy of GAAS will continue on. We thank Mort, Dave and Denny for 20 successful years of leadership and applaud Jack and Mort for their vision. Together, we begin the next chapter of their mission.”
With the union of the two organizations, GAAS will dissolve as a non-for-profit organization and donate its net assets to the foundation. Pete Kornafel will continue to administer the organization’s scholarship program as chairman of the University of the Aftermarket Foundation education and scholarship committee.
GAAS was established by Mort Schwartz and the late Jack Creamer to raise funds for aftermarket scholarships and educational initiatives and was lead by Schwartz, David Caracci, and Dennis Welvaert.