Washington Property Company is guided by core values of integrity, fairness and a commitment to excellence. The staff of WPC strives to bring those same values and commitment to the company’s role as a responsible corporate citizen working to help improve the quality of life in our community. As such, the company has supported various local organizations over the years that help our local communities.
WPC PHILANTHROPY
Washington Property Company's Philanthropy Committee worked diligently in 2024 to plan hands-on work and collections to help a variety of charities. WPC also has a grant program that provided grants to 9 different causes since 2022.
On November 14, 2024, Charlie Nulsen (MS ‘84 ) celebrated the establishment of the Nulsen Endowed Professor of Practice at The Kogod School of Business at American University. This is the first endowed professorship for a term faculty member in American University’s history, and it was awarded to Tim Timura, a respected and influential professor who has taught at the School for nine years.
On October 30, 2024, Washington Property Company supported a fundraising event for New Community Foundation, a non-profit organization that provides scholarships for inner-city students to go to private elementary, middle, and high schools and pursue college degrees and workforce development training. We raised over $25,000 in support of New Community!
Proud members of the Babson College community, Charlie Nulsen '79 and JoAnn Kocum Nulsen '81 knew that when it was time to start thinking of a succession plan for their real estate firm, Babson would be the place to go. So, in March 2019, the Nulsens returned to the very place where their careers, and their family, began roughly 40 years ago - not to reminisce, but to head back to class.
Washington Property Company and Montgomery County, Maryland worked together to redevelop and relocate the homeless service center, called Progress Place. The new state-of-the-art facility opened in December 2016. The new Progress Place is a four-story 40,000 square-foot building which houses a commercial kitchen, medical offices, temporary shelters for men and women, office space for community organizations and 21 studio apartments for long-term housing.
Washington Property Company’s team, the WPC Pacers, has raced and raised money for the past several years in support of Children’s National Medical Center, which helps improve care, expand access and find cures for childhood diseases.
Monte Carlo Night, Inc. was established as an annual event to raise awareness within the commercial real estate community and to provide financial support for Children’s National Medical Center in Washington, D.C.
The proceeds from Monte Carlo Night have created the OR Advanced Technology Fund to modernize the aging surgical facilities at Children’s Hospital and to further their mission of delivering world-class care to sick children in this area regardless of their ability to pay for it.
The OR Advanced Technology Fund will equip new operating suites with state-of-the-art technology such as telepresence, advance imaging and surgical simulation technologies as well as data management. When the surgical center is complete, the real estate community will be responsible for equipping 11 new operating suites and making a big difference in the lives of children needing healthcare!
Monte Carlo Night, Inc. is a 501(c)(3) organization and 100% of sponsorships go to Children’s Hospital — Washington, D.C.
New Community for Children (NCFC) was founded in 1988. It empowers children through educational, cultural, and spiritual enrichment. Toward that end, NCFC works with parents, teachers, the community, and other social service organizations in Washington, DC to address the comprehensive educational needs of children. We prepare students to become responsible and productive adults who, in turn, will give their time and talents back to their communities.
The New Community Foundation was formed by WPC’s Charles Nulsen together with fellow real estate developers Andy Brown, Pete Jervey, and Jim and Grace Dickerson, Founder and Board Member of New Community’s After School & Advocacy Program (ASAP). Following many years of involvement with ASAP, they witnessed the need to provide gap scholarship money to fulfill the dreams of a higher education for New Community students. The Foundation was created to fill that need.