The Comcast Foundation today announced that it has awarded 1,728 students in 34 states and Washington, DC a total of $1.72 million through its 2006 Leaders and Achievers(R) Scholarship Program. Students are recognized on the basis of community service, leadership skills, positive attitude and academic achievement and will receive a one-time grant of $1,000 for educational expenses.
"These young adults are our future business and community leaders. We're pleased to recognize the tremendous impact that these students have made in their schools and communities," said Brian L. Roberts, Chairman and CEO, Comcast Corporation.
Seniors attending high schools in Comcast communities across the country were nominated for the scholarship by their principals. Students were nominated based on their leadership skills, positive attitude, academic achievement and various community service activities including mentoring and tutoring younger students, volunteering at hospitals and participating in hurricane relief efforts. The Leaders and Achievers Scholarship Program, which was introduced in 2000, reinforces Comcast's commitment to develop young leaders and provides them with every opportunity to achieve their potential. To date, more than $5.8 million in scholarship grants have been awarded.
"The Comcast Foundation wants young people in the local communities we serve to know that we value their contributions," said Joseph W. Waz, Jr., President, The Comcast Foundation. "We're proud to continue to expand this program to recognize and reward students, who are committed to improving their communities."
The program is managed by Scholarship Program Administrators - an independent, not-for-profit organization that manages corporate and corporate foundation scholarship programs.
The Comcast Foundation was founded by Comcast Corporation in June 1999 and is the company's chief source of charitable support to qualified non-profit organizations. The Foundation primarily invests in programs that work to create a positive, sustainable impact within our communities in the areas of volunteerism; literacy; and youth leadership development. Since its inception, The Comcast Foundation has donated more than $30 million to organizations in the communities where Comcast serves. More information about The Foundation and its programs is available at http://www.comcast.com under "In the Community."
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is the nation's leading provider of cable, entertainment and communications products and services. With 21.7 million cable customers, 9.0 million high-speed Internet customers, and 1.5 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
The Company's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, OLN, G4, AZN Television, PBS KIDS Sprout, TV One and four regional Comcast SportsNets. The Company also has a majority ownership in Comcast Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia. Comcast Class A common stock and Class A Special common stock trade on The NASDAQ Stock Market under the symbols CMCSA and CMCSK, respectively.