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BT Charity Gala Raises $100,000 for Project Renewal

BT Charity Gala Raises $100,000 for Project Renewal

Published 10-25-05

Submitted by British Telecommunications Plc.

NEW YORK - BT today announced that it has raised $100,000 for Project Renewal, a charity that helps the homeless men and women of New York City. At a gala event at Capitale in Manhattan, BT raised the funds primarily through live and silent auctions, with the live auction managed by C. Hugh Hildesley, senior vice president, Sotheby's New York.

This is the third annual gala event BT has held in support of Project Renewal. Last year, the company also raised $100,000, which has been used by Project Renewal to support more than 13,000 homeless men and women as they find their way to health, homes, jobs and a life with dignity.

"We're proud to support Project Renewal and the important work this organization does for the homeless of New York City," said Chuck Pol, president, BT Americas, and member of Project Renewal's Board of Trustees. "At BT we take corporate social responsibility to heart and encourage our employees to become involved in the communities where we live and work. We also thank the many generous sponsors who made this event a success."

"Project Renewal is thrilled to once again be the recipient of BT Americas' enormous generosity," said Edward I. Geffner, executive director of Project Renewal. "Together we've been able to make a huge difference in homeless New Yorkers' lives. This year's extraordinary contribution will help thousands of our most vulnerable citizens get a second chance."

About BT
BT is one of the world's leading providers of communications solutions serving customers in Europe, the Americas and Asia Pacific. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services.

BT consists principally of three lines of business:

  • BT Retail, providing a comprehensive range of communications and related services to more than 20 million UK consumers and businesses.

  • BT Wholesale, providing network services and solutions within the UK to more than 600 fixed and mobile operators and service providers including the provision of broadband and private circuits.

  • BT Global Services, providing networked IT services to meet the needs of multi-site organisations globally. BT Global Services operates in more than 130 countries and also offers international carrier services.

    From January 2006, there will be a fourth business called openreach. This business will be responsible for the nationwide local BT network which covers the "first mile" of wires that connects homes and businesses across the UK to their service providers. openreach will provide communications providers with services and products associated with that network.

    In the year ended 31 March 2005, BT Group's turnover was £18,623 million with profit before taxation of £2,354 million.

    BT Group plc is listed on stock exchanges in London and New York. British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group.

    For more information, visit www.bt.com/aboutbt.com

    About Project Renewal
    Project Renewal's mission is to end homelessness in New York City. Since its founding in 1967, this pioneering organization has focused its efforts on the most vulnerable and neediest New Yorkers - men and women who, in addition to being without a home, cope with mental illness and addiction to drugs or alcohol. Project Renewal is unique in being able to provide "under one roof" all of the services that homeless people need to get off the street and attain health, homes, and jobs. This holistic progression of services begins on the street where mobile psychiatric and medical outreach teams - each of which was among the first of its kind - reach out to homeless people where they are struggling to survive. Once connected, Project Renewal's clients then move into residential programs to recover their health and learn to manage their mental illness or achieve sobriety. From there, they enter a comprehensive employment program, which helps them to prepare for, find, and keep good jobs. Permanent housing - which Project Renewal builds and operates - is the last element in this progression, completing clients' return to a self-sufficient life in the community. With a staff of nearly 600 - of whom over 35% are formerly homeless clients - Project Renewal reaches out to more than 13,000 homeless New York men and women each year.

  • British Telecommunications Plc. logo

    British Telecommunications Plc.

    British Telecommunications Plc.

    BT is one of the world's leading providers of communications solutions serving customers in Europe, the Americas and Asia Pacific. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. In the UK, BT serves more than 20 million business and residential customers with more than 30 million exchange lines, as well as providing network services to other licensed operators.

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