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Corporate Social Responsibility
News
8.02.2005 ET
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Starbucks Foundation ''Giving Voice'' To A Future Generation
Launches a Regional Grant Program to Benefit Youth in Local Communities Focusing on Arts, Literacy and Environmental Education
(CSRwire) SEATTLE--(BUSINESS WIRE)--Aug. 2, 2005--The Starbucks Foundation, a
philanthropic organization formed by Starbucks Coffee Company
(NASDAQ:SBUX), today announced a new regional grant program designed to
empower youth in local communities and provide them a voice in their
community.
The grant program -- called "Giving Voice" -- will primarily fund
educational initiatives for youth, aged between six and 18 years old, in
the arts, literacy, and environmental education. The grants will range
from $5,000 to $20,000 and will be awarded twice a year. The grant
deadlines are September 1 and March 1.
In addition to the Starbucks Foundation's support for two national
non-profits, America SCORES and Jumpstart, the "Giving Voice" grant
program introduces a new partnership with an environmental education
organization, the Earth Day Network.
"Starbucks Foundation was founded on the philosophy that giving back
to communities where we do business is as important as making the perfect
cup of coffee," said Lauren Moore, executive director, Starbucks
Foundation. "We are very excited about launching this new grant program as
we believe in investing in youth. Through these grants, we hope to expand
and create opportunities for the future generation to contribute their
voices for the betterment of our communities."
The Starbucks Foundation was established in 1997 to create hope, discovery
and opportunity in communities where Starbucks partners employees) live and
work. Since its inception, the Starbucks Foundation has granted more than
$11 million to more than 700 organizations across the United States and
Canada. It is currently in its eighth year of grant making.
"Starbucks recognizes that young people have the greatest long-term
stake in a healthy, diverse, sustainable planet," said Denis Hayes,
founder, Earth Day Network. "The Starbucks Foundation's generous
commitment to environmental literacy will help produce a new generation of
earth stewards."
Earth Day Network's mission is to broaden the environmental movement
worldwide and to educate and mobilize people, governments, and
corporations to take responsibility for protecting our planet. The
Starbucks Foundation partnership focuses on Earth Day Network's new Civic
Education Project that teaches and promotes civic engagement in the
classroom by highlighting local environmental issues and concerns.
About Starbucks
Starbucks Corporation is the leading retailer, roaster and brand of
specialty coffee in the world, with more than 9,500 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. In addition to its retail operations, the Company produces
and sells bottled Frappuccino(R) coffee drinks, Starbucks DoubleShot(R)
coffee drink, and a line of superpremium ice creams through its joint
venture partnerships. The Company's brand portfolio provides a wide
variety of consumer products -- innovative superpremium Tazo(R) teas and
exceptional compact discs from Starbucks Hear Music(TM) enhance the
Starbucks Experience through best-of-class products. The Seattle's Best
Coffee(R) and Torrefazione Italia(R) Coffee brands enable Starbucks to
appeal to a broader consumer base by offering an alternative variety of
coffee flavor profiles.
Copyright Business Wire 2005
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