Silent Auction Held to Benefit the Parkland Scholarship Fund

By Jennifer Bacarella, Executive, Director Firm Development

Last week, SPS Family held an in-house silent auction to benefit our fourth year of the Parkland Scholarship Fund. Management and staff were encouraged to scour their homes and find items that they no longer needed or wanted – since one person’s trash is another person’s treasure. With the majority of our staff still working from home, it was a little more difficult to manage the silent auction – but a few great staff members worked as bid advocates for those offsite employees and SPS Family was able to raise $474 to go toward the scholarship fund.

As you know, on February 14, 2018, Marjory Stoneman Douglas High School in Parkland, Florida fell victim to a gunman who left the school with 17 fewer beautiful souls than it had that morning.  As the news spread across the country, my teenage daughter looked at me and said, “Mom, this school is in Parkland, Florida, and your company’s name is Parkland Securities.” Seeing her trying to comprehend the severity of the situation while also correlating the two names was heartbreaking to me. The fact kids her age – across the country – were dealing with so much heartache, confusion, anger, anxiety, and so many more emotions, just crushed me. I knew we had to do something.

We organized a charity within our Give & Deliver SPS Family Charitable Foundation called the Parkland Scholarship Fund. Our back-office staff put together multiple fundraising efforts throughout the year to provide scholarships for students at Marjory Stoneman Douglas High School. On May 15, 2018, SPS Family gifted three scholarships to seniors of MSDHS in our first year. On May 19, 2019, SPS Family gifted five scholarships. Due to COVID-19, SPS Family had less time to fundraise than previous years but we were still able to award three scholarships to the class of 2020. This year, we are starting early, and are very proud to have already raised nearly $500 toward the 2021 scholarship program.

The MSDHS Class of 2021 will be the last class of students who would have had personal experience being present at the high school during the horrific events. Now, years later, as they begin senior year, they face a global pandemic with its multiple effects on education, social interaction, and everyday life. If you ever wanted to know what tough, brave, unstoppable people look like – take a look at these students. They deserve our support.  

We are always looking for creative fundraising ideas, so if you have any suggestions, please let us know! If you are interested in donating to the Parkland Scholarship Fund, please reach out to Jennifer Bacarella by email at

SPS Family Auction Items

About Give & Deliver SPS Family Charitable Foundation

The Foundation has applied for 501(c)3 exemption status with the IRS. The application is pending. The Parkland Scholarship Fund is an initiative within the Foundation’s purview. Renee Barrington, President, is assisted by two officers and five directors in handling Foundation business.

About SPS Family

The SPS Family consists of two broker-dealers, Sigma Financial Corporation and Parkland Securities, LLC; a Registered Investment Advisory firm, Sigma Planning Corporation; and a back office, known as BD Ops, LLC. The companies, based in Ann Arbor, Michigan, are under common ownership and led by an experienced executive team. The SPS Family prides itself on personal service to independent registered representatives and investment adviser representatives from across the United States. We consider our representatives family as we strive every day to provide them “Independence. DELIVERED.”

300 Parkland Plaza | Ann Arbor, MI 48103 | 888-744-6264

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