November 3, 2011
Alcoa Foundation’s local grants announced
More than quarter million dollars invested back into region
Alcoa Foundation has granted more than $250,000 to 12 non-profit organizations in Blount, Knox, and Sevier counties in Tennessee and Graham County, N.C.
Alcoa’s Community Advisory Board - a group of 11 business, community and government leaders responsible for evaluating and making recommendations to Alcoa Tennessee Operations and Alcoa Foundation on what projects should be funded - reviewed almost 50 grant proposals totaling more than $820,000 in funding requests.
This year’s grant-selection focused on programs in the areas of empowerment - which includes youth leadership and development as well as workforce development – and education. Special grants were also made to foster recycling efforts in the community and aid in recovery efforts at Second Harvest Food Bank.
“Results of recent community surveys, along with the business goals of Tennessee Operations and the valuable input of our Community Advisory Board, led us to narrow our grant making focus to efforts that promote STEM education, enhance recycling initiatives and train a workforce for jobs of the present and future,” said Chris Jackson, Alcoa Tennessee Operations Location Manager.
About Alcoa’s Tennessee Operations
Alcoa’s Tennessee Operations is the world’s largest producer of rolled aluminum can sheet for beverage cans and is based in Blount County, Tennessee. Locally, it employs approximately 1,100 at its recycling and fabrication plants in Blount County, its hydropower facilities and its downtown Knoxville office.
About Alcoa Foundation
Alcoa Foundation is one of the largest corporate foundations in the U.S., with assets of approximately $436 million. Founded more than 50 years ago, Alcoa Foundation has invested more than $530 million since 1952. In 2010, Alcoa Foundation contributed nearly $20 million to nonprofit organizations throughout the world, focusing on promoting environmental stewardship, enabling economic and social sustainability, and preparing tomorrow’s leaders through education and learning. The work of Alcoa Foundation is further enhanced by Alcoa’s thousands of employee volunteers, who in 2010 gave more than 720,000 service hours. Through the company’s signature Month of Service (October) program, Alcoa employees share their energy, passion and purpose to make a difference in our communities. In 2010, a record 49 percent of Alcoans took part in nearly 1,000 Month of Service events across 24 countries, reaching 59,000 children, serving 17,000 meals, planting 16,000 trees and supporting 3,000 nonprofit organizations. For more information about Alcoa Foundation, please access www.alcoa.com/foundation.