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	<title>New Executive Leadership &#187; philanthropy</title>
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		<title>Intel Corporation: Giving Back To the World through Education</title>
		<link>http://www.newexecutiveleadership.com/2010/08/intel-corporation-giving-back-to-the-world-through-education/</link>
		<comments>http://www.newexecutiveleadership.com/2010/08/intel-corporation-giving-back-to-the-world-through-education/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 20:27:37 +0000</pubDate>
		<dc:creator>guest</dc:creator>
				<category><![CDATA[Company Profiles]]></category>
		<category><![CDATA[Philanthropy News]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[intel corporation]]></category>
		<category><![CDATA[philanthropy]]></category>

		<guid isPermaLink="false">http://www.newexecutiveleadership.com/?p=883</guid>
		<description><![CDATA[In this knowledge-based global economy, Intel Corporation is one of the world leaders. Though firmly entrenched as the world’s top manufacturer of semiconductors, the company also believes that education is the key to a productive future. ]]></description>
			<content:encoded><![CDATA[<p>In this knowledge-based global economy, <a href="http://www.intel.com/education/icc/index.htm?iid=communityed+iccn">Intel Corporation</a> is one of the world leaders. Though firmly entrenched as the world’s top manufacturer of semiconductors, the company also believes that education is the key to a productive future. </p>
<p>Aside from its distinction as a global technology leader (claiming a market share of about 80% for microprocessors),<a href="http://www.businessweek.com/investing/philanthropy/2005/donations.htm"> Intel is also one of the world’s top corporate philanthropists</a> for its numerous cash and in-kind donations as well as programs directed at education to provide a better future for the world’s youth. </p>
<p>The San Francisco Business Times hailed Intel as the third most generous philanthropic corporation. BusinessWeek also praised it, citing the semiconductor giant as one of the Biggest Corporate Givers.</p>
<p><a href="http://www.intel.com/education/Learn/index.htm?iid=communityed+learn">The company views philanthropy as an investment in community</a>, an investment in human development. Anchored on education as its focus area, it has invested over $1 billion in education programs as well as contributed over two million hours in associate volunteerism in over 50 countries. It has developed programs and resource materials that increase education and teaching efficiency.</p>
<p>The Intel Teach Program is among its most remarkable education initiatives. It provides effective training methods and modules for K-12 educators integrating technology with traditional teaching practices. The Program develops interest in problem solving, critical thinking and interpersonal skills to promote better student interaction. It has trained more than 5 million teachers in over 40 countries with a target of increasing this volume to 13 million teachers by 2011. Another initiative, the Intel Learn Program helps youths aged 8 to 26 in developing countries get advance learning skills. To date, this program has already reached more than 662,000 learners in various countries. </p>
<p>Intel wants to promote a deeper appreciation among the youth for the sciences through the Intel Science and Engineering Fair (ISEF), the world’s largest pre-college science competition. This is a venue where young scientific minds translate their ideas into reality and come up with scientific inventions that improve society. The ISEF has convened around 1,500 young scientists from more than 50 countries and awarded more than $4 million in scholarships and prizes.</p>
<p>Intel education initiatives are responsive to the needs of the underserved communities where science literacy and access to technology is low. The Intel Computer Clubhouse Network is an after-school learning program that helps the youth from these communities acquire knowledge and skills necessary for professional success. This program creates a community of learners, a creative and safe place where young people, with the guidance of their adult mentors, can enhance learning and creativity with the aid of technology. </p>
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		<title>Wal-Mart: A History of Philanthropy</title>
		<link>http://www.newexecutiveleadership.com/2010/01/wal-mart-a-history-of-philanthropy/</link>
		<comments>http://www.newexecutiveleadership.com/2010/01/wal-mart-a-history-of-philanthropy/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 19:01:31 +0000</pubDate>
		<dc:creator>guest</dc:creator>
				<category><![CDATA[Corporate News]]></category>
		<category><![CDATA[Philanthropic Organizations]]></category>
		<category><![CDATA[Philanthropy News]]></category>
		<category><![CDATA[charitable donations]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[corporate charity]]></category>
		<category><![CDATA[corporate giving]]></category>
		<category><![CDATA[philanthropy]]></category>
		<category><![CDATA[wal mart]]></category>

		<guid isPermaLink="false">http://www.newexecutiveleadership.com/?p=605</guid>
		<description><![CDATA[The world’s leading discount retailer department store, Wal-Mart, has had a phenomenal history of financial growth. Since its foundation as a discount department store in 1962, it has grown to more than 5,000 stores with 3,400 in the US alone, boasting annual sales revenue of $280 billion creating the world's largest private employer.]]></description>
			<content:encoded><![CDATA[<p>The world’s leading discount retailer department store, <a href="http://mediamattersaction.org/transparency/?storyID=88">Wal-Mart, has had a phenomenal history of financial growth</a>. Since its foundation as a discount department store in 1962, it has grown to more than 5,000 stores with 3,400 in the US alone, boasting annual sales revenue of $280 billion creating the world&#8217;s largest private employer.</p>
<p>Wal Mart&#8217;s record in corporate giving is also quite amazing. Reports released indicate that for FYE 2009, it <a href="http://www.csrwire.com/press/press_release/24259-Wal-Mart-Supports-Communities-around-the-Globe-with-423-Million-in-Charitable-Contributions">gave over $423 million</a> in charitable contributions all over the world, an increase by $85.6 million from the previous year. </p>
<p>The economic crisis has not slowed down Wal Mart&#8217;s commitment to corporate giving; it has in fact bolstered it. Together with its partner (domestic and international) foundations, Wal Mart has advanced its commitment to programs addressing hunger, homelessness, joblessness, self-sufficiency, education and basic needs all over the world. Wal Mart believes that it is precisely during times of economic hardship that companies must step up and support those hardest hit by the crisis. The company asserts its responsibility to come up more effective ways to raise funds that can have a positive and lasting impact in the communities. </p>
<p>Wal-Mart’s community involvement year after year is remarkable. <a href="http://www.usatoday.com/money/companies/2004-03-11-waltons_x.htm">Education is a primary beneficiary of Wal-Mart charitable giving</a>. WMF has donated at least $701 million to education charities since 1998. Each Wal-Mart store awards a $1,000 college scholarship to a qualifying high school senior. The company also has a commitment to the United Negro College Fund, pledging $1 million. Wal Mart sponsors the Competitive Edge Scholarship, which makes four-year scholarships –&#8211; each worth $20,000 &#8211;– available to students pursuing technology-related courses. This year, the company gave the Institute for Higher Education Policy a grant worth $4.1 million.</p>
<p>A breakdown of Wal-Mart’s largesse for 2009 include: more than $378 million in cash and in-kind donations from its US-based stores, $45.5 million cash and in-kind gifts and donations from its international stores, more than $106 million raised through in-store giving program benefiting local charities. This totals a global contribution of nearly $530 million for the FYE 2009. Wal Mart&#8217;s in-kind donations include providing meat, agricultural produce and other foodstuffs donated to US food banks. </p>
<p>Wal Mart continues its partnership with nonprofit organizations to address hunger, disasters, nutrition, environmental sustainability, and health and wellness. It gave over $248 million to local and national charities including $5 million for YouthBuild, $4.7 million for Children’s Miracle Network, $3 million for The Salvation Army, and $3.4 million for the National Fish and Wildlife Foundation. Moreover, company volunteerism runs high. Wal Mart&#8217;s workforce and associates in the US contributed more than one million volunteer hours, a milestone to encourage increased community service. </p>
<p><a href="http://www.freebase.com/view/en/alice_walton">Alice Walton</a>, daughter of Sam Walton, works closely with the Walton Family Foundation (where she serves as a board member) and their philanthropic endeavors. Alice, born into an environment where philanthropy was championed, currently spearheads the Foundation&#8217;s involvement with Crystal Bridges, a museum of American Art. The museum is dedicated to American artists, and strives to be a place of learning within the community. The heart of the art collection at Crystal Bridges will include works donated by Alice Walton and the Walton Family Foundation, as well as gifts, loans, and donations from other private collectors. <a href="http://www.crystalbridges.org/about/">Alice Walton</a>&#8217;s philanthropic ventures are reflective of those of the Walton family and the Wal Mart corporation. </p>
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