Investments

Bank Of America Investment The largest single monetary corporate foundation gift in the history of Great Smoky Mountains National Park was announced today, as the Alcoa Foundation awarded a $250,000 grant to Friends of Great Smoky Mountains National Park.

By offering scholarships and other educational grants, companies make an investment in the future of their communities. notch employees. An example is Target, a company that works to improve its communities by donating more than 100 million dollars to education. An investment in education means an enhanced reputation for the community and a better labor pool.

Investment Opportunity The Friends organization is matching the gift, bringing the total funds to $500,000. The donation launches a major fundraising effort for Great Smoky Mountains Institute at Tremont, the first key step to strengthen the park's residential environmental education programs.

An example is Target, a company that works to improve its communities by donating more than 100 million dollars to education. An investment in education means an enhanced reputation for the community and a better labor pool.

Banc Of America Investment Friends of Great Smoky Mountains National Park, founded in 1993, is an independent, nonprofit organization, and by contract, the sole fundraising agency for the park.

(AXcess News) Dangle a carrot and you might get a nibble, as the old saying goes and for the Environmental Protection Agency in Washington DC, that's worked real wellthrough $1 million in grants being awardedthanks to the EPA's National Clean Diesel Campaign. EPA Administrator Stephen L. Johnson announced the recipients of 10 grants totaling more than $1 million to support clean diesel projects. The value of the grants will nearly triple to $3 million, as industry partners contribute almost two dollars for every dollar of federal funds.

Banking Investment Friends President Gary Wade, a state judge and member of Alcoa's Community Advisory Board, said the $250,000 "will help Great Smoky Mountains Institute at Tremont (GSMIT) achieve its mission of delivering in-depth, educational programs that nurture appreciation for our environment."

To better align the Company's cost structure with the customer segments it is pursuing and increase the return on these investments, the Company announced initiatives that will reduce certain expenses by over $20 million in the second half of 2007 and over $50 million in 2008, and reduce capital expenditures by over $20 million in the second half of 2007 and over $65 million in 2008.

Investment Solution Strategic "Since 1993, Friends of the Smokies has raised more than $8 million to support conservation, education, and other park priorities," said Ken Voorhis, executive director of the Great Smoky Mountains Institute at Tremont (GSMIT). "We sincerely appreciate their help in securing this gift from Alcoa."

In comparison, acre Maple Grange property is estimated to cost $1.5 million, including five fields, roadway and parking, said Haines report. Over 28 township residents attended the hearing Monday. term benefit for residents and cost. The township has been trying to build recreational fields for over a decade. acre park site on Maple Grange Road was purchased in 2000 to create a recreation field, together with conservation, and environmental education purposes.

Investment Banking Services Mike Coleman, president of Alcoa Rigid Packaging and Vice President of Alcoa Inc., said the two year grant consists of $125,000 per year.

Bank Investment "Alcoa Foundation is proud to provide this key leadership gift," Coleman said. "Alcoa Foundation and Alcoa consider this to be a clear investment in the future, and a landmark event in the long-standing relationship between Alcoa and Great Smoky Mountains National Park."

Alternative Investment The gift is the culmination of work by the Alcoa Community Advisory Board (CAB), a 14 member community board that identified the grant as its top priority last year. The advisory board was formed last January as part of Alcoa's community partnership plan.

Online Investment Services "There are no more worthy causes than kids, environment, and education," said Bill Cobble, chairman of GSMIT Board, which supervises operations at the Tremont Environmental Center. "The Alcoa Foundation contribution is the lead gift for an initiative to make Tremont the finest environmental center in the world. The money will build on Tremont's superior residential environmental education programs, and ensure that they are available to all children, including those who are economically disadvantaged."

Accompany Essential Investment ENS - 1/22/2002

Topic: Education

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