Published 07-27-07
Submitted by Listen Learn Care Foundation
DELRAY BEACH, FL.- July 27, 2007- The Office Depot Foundation, the independent foundation serving as the primary charitable giving arm of Office Depot (NYSE:ODP), today announced a new partnership with the Jason Taylor Foundation. Through this relationship, The Office Depot Foundation is contributing $25,000 as well as computers, backpacks and school supplies to the Jason Taylor Foundation in support of its philanthropic mission to brighten the future for children in South Florida. In addition, the Office Depot Foundation will donate $1,000 for every sack of an opposing quarterback that the Miami Dolphins All-Pro Defensive End makes during the 2007-2008 football season.
Taylor, the 2006 Associated Press NFL Defensive Player of the Year, is widely acknowledged for his charitable efforts. He and his wife, Katina, established the Jason Taylor Foundation in 2004. The Office Depot Foundation donations were announced at the Office Depot Global Headquarters in Delray Beach.
"Jason Taylor is truly a role model for professional athletes who are committed to philanthropy," says Mary Wong, President of the Office Depot Foundation. "The vision that he and Katina have for the Jason Taylor Foundation aligns exceptionally well with the mission of the Office Depot Foundation. We are delighted to form this partnership and look forward to playing on the same team to help South Florida's kids."
"Teaming up with the Office Depot Foundation is a tremendous opportunity for us," says Jason Taylor. "Katina and I are excited that our Foundation will partner with an organization that shares our passion for helping children...in our community and around the world."
Adds Steve Odland, Chairman and CEO of Office Depot, "The Jason Taylor Foundation is truly innovative in its approach to enhancing educational opportunities for children throughout South Florida. It is clear that Jason is as strongly committed to the success of these initiatives as he is to excellence on the field. We are very proud to be on the same team with Jason Taylor."
The wide-ranging partnership between the two foundations includes the following elements:
In July 2004, Miami Dolphins All-Pro Defensive End Jason Taylor and his wife, Katina, established the Jason Taylor Foundation, a 501(c)(3) organization. The Foundation's mission is to support and create programs that facilitate the personal growth and empowerment of South Florida's children in need by focusing on improved health care, education and quality of life.
The Jason Taylor Foundation has made long strides in a short period of time, impacting thousands of children through innovative programming including Big Screens-Big Dreams, Cool Gear for the School Year, the Jason Taylor Children's Learning Center and Jason Taylor Scholars, among others. To learn more about the Jason Taylor Foundation, please visit www.JasonTaylorFoundation.org.
About the Office Depot Foundation
The Office Depot Foundation is an independent foundation that serves as the primary charitable giving arm of Office Depot. In keeping with its mission, Listen Learn Care, the Foundation strives to make a positive impact on many lives in many communities around the world. The Foundation supports a variety of programs that enhance the quality of life for children, strengthen communities, encourage local and global economic growth, and empower schools and non-profit organizations. It also provides support when disasters strike - doing what it can, not only to speed the process of rebuilding, but also to mitigate the impact of future disasters.
Additional information about the Office Depot Foundation can be found at www.officedepotfoundation.org.
About Office Depot
Office Depot (NYSE:ODP) provides more office products and services to more customers in more countries than any other company.
Incorporated in 1986 and headquartered in Delray Beach, Fla., Office Depot has annual sales of over $15 billion, and employs approximately 52,000 associates around the world. Currently, the Company sells to customers directly or through affiliates in 42 countries.
Office Depot is a leader in every distribution channel -- from retail stores and contract delivery to catalogs and e-commerce. As of March 31, 2007, Office Depot had 1,174 retail stores in North America and another 360 stores, either company-owned, licensed or franchised, in other parts of the world. Office Depot serves a wide range of customers through a dedicated sales force, telephone account managers, direct mail offerings, and multiple web sites. With $4.5 billion in online sales during the last twelve months, the Company is also one of the world's largest e-commerce retailers.
Office Depot's common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.
Compassionate. Creative. Committed.
As an independent, non-profit foundation, the Listen Learn Care Foundation (formerly the Office Depot Foundation) strives to make a difference to children, families and communities across the United States and around the world. In keeping with its mission, Listen Learn Care®, the Foundation supports a variety of programs that:
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