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Corporate Social Responsibility
News
1.20.2005 ET
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Starbucks Announces $1 Million Commitment to Local Parks in Western Washington
Neighborhood Parks Program expands to fund projects in three counties
(CSRwire) SEATTLE - Starbucks Coffee Company (Nasdaq: SBUX) today announced a
major commitment of $1 million in 2005 for the improvement of parks
throughout King, Pierce and Snohomish Counties. At a formal launch event
attended by Seattle Mayor Greg Nickels, representatives from neighborhood
parks and Starbucks partners (employees), Starbucks ceo designate Jim
Donald shared the exciting details of the Starbucks Neighborhood Parks
Program.
"Starbucks Neighborhood Parks Program reflects our passion for
giving back to the communities in which we live, work and play," said Jim
Donald, ceo designate, Starbucks Coffee Company. "This expanded program
offers Starbucks partners, customers and neighborhood organizations a
great opportunity to work together to improve the quality and vitality of
the communities in Starbucks hometown."
In 2005, Starbucks plans to invest $1 million in two ways. The
Neighborhood Park Grants program will award $450,000 in grants - 30
grants of up to $15,000 each - to community groups undertaking park
improvement projects. This amount is a significant increase over Starbucks
previous annual commitments of $100,000. In addition, these grants will now
be available to neighborhood organizations throughout King, Pierce and
Snohomish Counties. Applications will be available in Starbucks stores
beginning February 1, 2005
New in 2005, the Starbucks Parks Fund will focus on supporting
signature park projects throughout King, Pierce and Snohomish Counties,
with a total commitment of $550,000. These signature projects will be
selected by Starbucks based on community need; there is no application
process for these funds.
This increased commitment is a result of the outstanding community
response to Starbucks Neighborhood Parks Grants program since its
inception in 2000. Over the past four years, Starbucks has donated more
than $400,000 in grants to 40 grassroots neighborhood organizations.
"We are delighted to work with Starbucks to create and preserve welcoming,
enjoyable gathering places for all members of the community to enjoy," said
Brit Kramer, Executive Director, Washington Recreation and Park Association
(WRPA). "Parks groups throughout King, Pierce and Snohomish Counties will
be thrilled to undertake volunteer projects with Starbucks generous
support."
Starbucks Neighborhood Parks Program celebrates the company's commitment
to building community by supporting park improvement projects. Both parks
and Starbucks coffeehouses serve as the "Third Place" between home and
work, where people come to relax, socialize and gather together as a
community. This shared quality makes for an ideal fit between Starbucks
and parks.
More information on Starbucks Neighborhood Parks Program can be found at
www.starbucks.com.
Starbucks Corporation is the leading retailer, roaster and brand of
specialty coffee in the world, with more than 8,700 retail locations in
North America, Latin America, Europe, the Middle East and the Pacific Rim.
The Company is committed to offering the highest quality coffee and the
Starbucks Experience while conducting its business in ways that
produce social, environmental and economic benefits for communities in
which it does business.
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