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June 12, 2003

ADVISORY/Alcoa Foundation to Hold First-of-Its-Kind International Social Venture/Enterprise Initiative

--(BUSINESS WIRE)--

What:     Alcoa Foundation to hold a first-of-its-kind International 
          Social Venture/Enterprise Initiative to discuss ways that 
          nonprofits and NGOs can utilize strategies and practices to 
          improve their effectiveness, efficiency and sustainability.

Who:      International Experts, Funders and Non-Governmental 
          Organizations (NGOs) will convene at Wingspread Conference 
          Center and via videoconference from 9 locations worldwide.

When:     June 19th - 21st, 2003

Where:
          --  The Johnson Foundation's Wingspread Conference Center 
              in Racine, Wisconsin, and

          --  Via videoconference facilitated by the following Alcoa 
              locations:

                             Alcoa, TN U.S.A.
                             Baie Comeau, Quebec, Canada
                             Clarendon, Jamaica
                             Ciudad Acuna, Mexico (vc in Del Rio, TX)
                             Paranam, Suriname
                             Pittsburgh, PA U.S.A.
                             Richmond, VA U.S.A
                             Sao Luis, Brazil
                             Warrick, IN  U.S.A

Why:      NGOs face a stark new reality:  The need for their services 
          is increasing at a time when traditional funding sources are
          decreasing.

          This initiative is designed to begin to expose and provide 
          nonprofits and NGOs the opportunity to hear how this might 
          be one way to sustain their organizations.