ALBANY, N.Y. - Verizon reaffirmed its commitment to the communities that the company serves in New York by providing grants in 2003 for a broad range of literacy, work force development, technology and human service programs.
Verizon Foundation, the philanthropic arm of Verizon Communications, last year donated more than $11 million to 825 nonprofit groups in New York State. In the Capital District alone, 85 nonprofit groups received more than $473,000.
Nationwide, the foundation donated about $70 million to worthy causes and charities, including matching nearly $14 million in donations from employees.
"We believe in investing in our communities through strategic partnerships with organizations that support education and literacy, technology education, and health and human services," said Paul A. Crotty, Verizon group president for New York and Connecticut. "Verizon's grants continue to underscore our long-standing goal of improving the communities we serve and our commitment to providing excellent service to our customers."
Recipients of major grants included:
Other grant recipients included Saratoga Stages; Albany Police Athletic League; American Heart Association; Community Caregivers Inc.; Hudson Valley Community College Foundation; and the Albany Institute of History and Art.
In addition to the Verizon Foundation grants, 1,426 nonprofit organizations in New York State received more than $2.3 million through Verizon Volunteers, a program that encourages Verizon employees to volunteer in their communities and provides matching gifts to the nonprofit organizations that employees support.
Verizon Foundation ranks as one of the largest corporate foundations in America, providing grants and developing programs to support the communities where Verizon does business. The foundation places special emphasis on literacy, work force development and the use of technology for the benefit of all people. For more information on the foundation, visit www.verizon.com/foundation.
A Fortune 10 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.