Comcast Reaffirms Its Commitment to the Communities it Serves with $2.3 Million Contribution to United Way
Local United Way agencies in twenty-seven states have received over $2.3 million in Comcast employee contributions and grants funded through The Comcast Foundation for the 2004 fundraising campaign. United Way, made up of approximately 1,350 community-based organizations, works to improve people's lives by mobilizing the caring power of communities. Comcast Corporation, the nation's leading provider of cable, entertainment and communications products and services, has been a part of United Way's National Corporate Leadership Program since 2003, although the partnership can be traced back to Comcast's earliest days as a company.
"The long and successful relationship between Comcast and United Way stems from our shared commitment to have a positive and measurable impact in the communities we serve," said Brian L. Roberts, Comcast's Chairman and CEO. "Through the Comcast United Way partnership, our employees are helping people, changing places for the better and empowering progress all across our country - community by community."
Comcast's contribution will benefit 107 local United Ways by providing more resources to effectively address needs in the areas in which Comcast employees live and work. It represents an increase in both dollars raised and employee participation over 2003 levels, making it the most successful campaign in Comcast history.
"Comcast demonstrates great commitment to United Way and its mission," said United Way of America President and CEO Brian Gallagher. "Comcast contributes in many ways that have a positive impact on local communities nationwide. We are very pleased that Comcast is investing in the work of United Way and commend all the employees of Comcast who volunteer annually in communities throughout our nation."
In addition to its financial contribution, Comcast will continue to provide airtime for public service announcements to bring increased awareness and visibility to the United Way mission, and to thank Comcast employees for their generosity.
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is the nation's leading provider of cable, entertainment and communications products and services. With 21.5 million cable customers and 7.4 million high-speed Internet customers, Comcast is principally involved in the development, management and operation of broadband cable networks and in the delivery of programming content.
The Company's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, Outdoor Life Network, G4, AZN Television, PBS KIDS Sprout, TV One and four 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.
About The Comcast Foundation
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, reading and learning; and youth leadership development. Since its inception, The Comcast Foundation has donated more than $18 million to organizations in the communities where Comcast serves. More information about The Foundation and its programs is available at www.comcast.com under "In the Community."
About United Way of America
United Way of America is the national organization dedicated to leading the United Way movement in making a measurable impact in every community across America by focusing on the root causes of the most serious problems. The United Way movement includes approximately 1,350 community-based organizations. Each is independent, separately incorporated and governed by local volunteers. For more information about United Way of America, please visit: www.unitedway.org.