Freddie Mac Foundation Donates $1.5 Million to Boys & Girls Clubs of Greater Washington
08 3월 2006 - 12:27AM
PR Newswire (US)
Largest Single Grant in Clubs' History WASHINGTON, March 7
/PRNewswire/ -- Boys & Girls Clubs of Greater Washington
(BGCGW) is the proud beneficiary of a $1.5 million grant from the
Freddie Mac Foundation in McLean, Virginia. This unprecedented
award is the largest grant ever received in the 120-year history of
BGCGW -- nearly doubling the amount of monetary support given by
the Freddie Mac Foundation to BGCGW in the past two years. "We are
believers in the Boys & Girls Clubs of Greater Washington. The
Clubs provide outstanding programs and activities for our city's
youth that open a world of possibilities to them," said Maxine B.
Baker, president and CEO, Freddie Mac Foundation. "We consider
helping youth achieve and succeed a great return on our investment,
and we are proud to be long-time supporters." The $1.5 million
grant will help BGCGW build and expand several programs including:
the Education Initiative -- a program used to provide skill-
building and learning activities to over 1,000 DC youth; Camp Brown
-- BGCGW's overnight summer camp which houses 1,000 youth
throughout the summer; and BGCGW's Come on Home Alumni Campaign.
"Our corporate, government and community partnerships are what keep
us going at BGCGW. We are so grateful to the Freddie Mac Foundation
for stepping up to the plate and believing in our mission by
awarding us this extraordinary grant," commented Will A. Gunn,
President and CEO, BGCGW. "It is socially responsible corporate
citizens like the Freddie Mac Foundation that allow us to continue
our great work of serving nearly 36,000 youth in Washington, DC,
Maryland, and Virginia." The Freddie Mac Foundation has been an
active supporter for 14 years. In 2003, the Foundation invested
$550,000 to start the Education Initiative in six of the
Washington, DC clubs. This new grant will allow the Education
Initiative to expand into six additional clubs; thus, providing the
program to all of the Washington, DC clubs. The Freddie Mac
Foundation was also the first organization to step up to the plate
in 2005 issuing a challenge grant of $100,000 to other corporate
organizations to reopen Camp Brown -- BGCGW's overnight summer camp
located in Scottsdale, Maryland. The camp was closed due to
financial constraints in 2004 and was threatened of not being able
to open in 2005. Because of the generosity of the Freddie Mac
Foundation the camp not only opened, but also helped raise over
$460,000 to successfully run the camp for 750 youth. About the
Freddie Mac Foundation: Created by Freddie Mac in 1991, the Freddie
Mac Foundation is dedicated to creating hope and opportunity for
children, youth and their families. As one of the largest corporate
funders in the Washington, DC metropolitan area, Freddie Mac and
the Freddie Mac Foundation have invested nearly $250 million in
organizations serving the community.
http://www.freddiemacfoundation.org/ About Boys & Girls Clubs
of Greater Washington -- Boys & Girls Clubs of Greater
Washington is the largest affiliate of Boys & Girls Clubs of
America with 21 Clubs throughout DC, Maryland and Virginia and a
summer camp in Maryland. BGCGW currently serves over 36,000 area
youth. The mission of Boys & Girls Clubs of Greater Washington
is to help boys and girls of all backgrounds, with an emphasis on
at-risk youth, build confidence, develop character and acquire the
skills needed to become productive, civic-minded, responsible
adults. DATASOURCE: Freddie Mac Foundation; Boys & Girls Clubs
of Greater Washington CONTACT: Tanzi West, Chief Communications
Officer of Boys & Girls Clubs of Greater Washington,
+1-301-562-2005, ; or Shawn Flaherty of Freddie Mac Foundation,
+1-703-903-4384 Web site: http://www.freddiemacfoundation.org/
http://www.freddiemac.com/
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