07.28.2004Corporate

Virginia Students Win Verizon Foundation Scholarships

WILLIAMSBURG, Va. - Hannah Strange of Williamsburg has won a college scholarship from the Verizon Foundation, the philanthropic arm of Verizon Communications. She is one of 260 students nationwide who received a scholarship this year through the company's program for employees' children. Twenty scholarship winners are from Virginia.


Strange, the daughter of Verizon employee Lauren Strange, will receive $5,000 annually toward her college expenses. The scholarship is renewable for three years and has a total value of $20,000. Strange plans to major in education at Longwood University.


Verizon annually awards scholarships to the children of employees as a part of the company's commitment to work force development, one of the Verizon Foundation's core funding priorities. This fall, a total of 1,025 students who have received scholarships through the company program will attend colleges and universities nationwide.


Robert W. Woltz Jr., president of Verizon Virginia, said, "Verizon's longstanding commitment to invest in the development of a skilled work force starts with the children of our employees. We congratulate our scholarship winners and wish them success in the coming years."


The Verizon Foundation awarded the scholarships in partnership with Scholarship America, a nonprofit, private-sector scholarship and educational support organization.


In 2003, the foundation awarded more than 21,000 grants totaling about $70 million to charitable and nonprofit agencies that focus on improving basic and computer literacy, enriching communities through technology, and creating a skilled work force. The foundation uses its resources in the United States and abroad to develop partnerships in technology and connect them with organizations serving the needs of diverse communities, people with disabilities, victims of domestic violence, and the economically and socially disadvantaged.


The foundation also supports Verizon Volunteers, an incentive program that last year encouraged Verizon employees to volunteer 595,000 hours in their communities and provided $34.6 million in combined contributions to charitable and nonprofit organizations. For more information on the foundation, visit www.verizon.com/foundation.


Verizon Communications


A Dow 30 company, Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services, with approximately $68 billion in annual revenues. Verizon companies are the largest providers of wireline and wireless communications in the United States. Verizon is also the largest directory publisher in the world, as measured by directory titles and circulation. Verizon's international presence includes wireline and wireless communications operations and investments, primarily in the Americas and Europe. For more information, visit www.verizon.com.


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