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Salesforce Foundation Announces New College Scholarship Program

Salesforce Foundation Announces New College Scholarship Program

Published 01-24-06

Submitted by Salesforce.com

SAN FRANCISCO, Calif. - Salesforce foundation, the global leader in integrating philanthropy and business, announced today the winners of salesforce foundation BizAcademy college scholarships. The inaugural college scholarship program is for graduates of BizAcademy, a week-long program teaching entrepreneurship and providing internships to over 20 underserved San Francisco high school students. Winners were selected based on academic performance, community stewardship, leadership skills, family college history and financial need.

Six exceptional students were chosen by salesforce foundation to receive college scholarships:

  • Alice Li and William Zhou won annual scholarships of $5,000 each.
  • Christina Lam, Justin Louie, Jennie Pang and Kristle Quan won annual scholarships of $2,500 each.
"We're excited to award college scholarships to these six outstanding students," said Suzanne DiBianca, Executive Director of the salesforce foundation. "The primary goal of BizAcademy is to provide young people with the tools they need to be successful in business and in life, and these six students have the leadership, aptitude, drive, and motivation to become tomorrow's leaders. The Foundation is proud to have made a positive impact on their lives and plans to replicate the success of BizAcademy in London, Dublin, Tokyo, and New York this year."

Through its goal of donating 1% of salesforce.com profits to the community annually, 1% of equity to its programs and 1% of employee working hours to community service, the Foundation aims to create successful communities by serving youth and non-profits through volunteerism and technology-based programs. Launched in June 2005, BizAcademy is a partnership between the Foundation, the San Francisco Unified School District, and SF-based non-profit, BizWorld. BizAcademy teaches entrepreneurship to juniors in high school from underserved schools during a week-long intensive training program. Salesforce.com volunteers train students to design, manufacture, market and sell a product of their choosing and run the various functions of their "company" using a customized version of the salesforce.com product. Upon graduation from BizAcademy, all of the students were placed in paid summer internships, including six who were hired within various departments at salesforce.com. The BizAcademy college scholarship awards program was developed this year as a way to enable these exceptional students to attend universities to continue their education and to position them for future success.

About salesforce foundation
Salesforce foundation is the leader in integrating philanthropy and business. Through its goal of donating 1% of salesforce.com profits to the community annually, 1% of equity to its programs and 1% of employee working hours to community service, the Foundation is building a new model for corporations to better serve the communities in which they operate. The Foundation also strives to better the lives of youth by providing relevant access to technology for youth in underserved communities both domestically and abroad. The Foundation works with other corporations, youth development agencies, and NGOs to create a society in which children, regardless of socio-economic background, ethnicity or learning level, have access to technology and understand how to use it to enhance their lives. Since July 2000, the Foundation has opened over 60 Community Technology Centers across the globe serving nearly 100,000 youth and other community members; has provided nearly 20,000 hours of service to the community through salesforce.com's employee volunteers; and supports salesforce.com in its efforts to offer its award winning online customer relationship management application to more than 700 qualified nonprofits globally saving them hundreds of thousands of dollars every year. It is the recipient of the national 2003 Points of Awards Award for Excellence in Corporate Community Service and the national 2003 U.S. Chamber of Commerce's first annual Corporate Stewardship Award. More information is available at www.salesforcefoundation.org.

About salesforce.com
Salesforce.com is the market and technology leader in on-demand customer relationship management (CRM). The company's Salesforce suite of on-demand applications enables customers to manage and share all of their sales, support, marketing and partner information on-demand. AppExchange, salesforce.com's on-demand platform, allows customers and partners to build powerful new applications quickly and easily, customize and integrate the Salesforce suite to meet their unique business needs, and distribute and sell on-demand apps at http://www.appexchange.com. Customers can also take advantage of Successforce, salesforce.com's world-class training, support, consulting and best practices offerings.

As of October 31, 2005, salesforce.com manages customer information for approximately 18,700 customers and approximately 351,000 paying subscribers including Advanced Micro Devices (AMD), America Online (AOL), Automatic Data Processing (ADP), Avis/Budget Rent A Car (Cendant Rental Car Group), Dow Jones Newswires, Nokia, Polycom and SunTrust. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.

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Salesforce.com is a registered trademark of, and AppExchange and Successforce are trademarks of, salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners.

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Salesforce Foundation's fundamental mission is to enable community success and build the capacity of nonprofit organizations. As the leader in integrating philanthropy and business, the Foundation has pioneered the 1/1/1 model for corporate philanthropic change. This model delivers 1 percent of salesforce.com's product to the nonprofit community, 1 percent of founding equity to community programs and 1 percent of employee working hours to volunteerism. The Foundation has built a new model to support how corporations can more deeply serve the communities in which they operate. The Foundation also strives to better the lives of youth by supporting technology and educational programs in underserved communities both in the U.S. and abroad.

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