Alcoa Foundation Announces Three Strategic Partnerships: ''Partners for Pittsburgh's Future''
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that Alcoa Foundation is partnering with three major Pittsburgh organizations—the August Wilson Center for African American Culture, Carnegie Library of Pittsburgh, and The Children’s Institute—as part of its ongoing strategic investment to build positive community resources in the Pittsburgh region. Over the last five years, Alcoa Foundation has invested approximately $11 million in Pittsburgh/Allegheny County, bringing its total investment in Pennsylvania to more than $15 million in grants to not-for-profit organizations.
“Alcoa has been a leading corporate citizen in the Pittsburgh area for over 100 years, and a major source of community investments through Alcoa Foundation. It’s especially timely to announce these key partnerships in the year of Pittsburgh’s 250th anniversary.”
“We’re pleased to ‘partner for Pittsburgh’s future’ with these three stellar organizations,” said Julie Caponi, Alcoa vice president of audit and location manager for the Alcoa Corporate Center. “Alcoa has been a leading corporate citizen in the Pittsburgh area for over 100 years, and a major source of community investments through Alcoa Foundation. It’s especially timely to announce these key partnerships in the year of Pittsburgh’s 250th anniversary.”
The partner organizations and their funded projects are as follows:
“Each of these organizations is a perfect fit with the mission of Alcoa Foundation, which is to improve the quality of life in Alcoa communities,” said Velma Monteiro-Tribble, chief operating officer and assistant treasurer of Alcoa Foundation. “A key focus for us is building business and community partnerships and we’re proud to be affiliated with such fine organizations. We anticipate that our partnership will grow over time as we collectively work to strengthen communities in our city and region and benefit our fellow citizens.”
Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa® wheels, fastening systems, precision and investment castings, and building systems. The company has 97,000 employees in 34 countries and has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at www.alcoa.com.
About Alcoa Foundation
Alcoa Foundation is a separately constituted nonprofit U.S. corporate foundation with assets of approximately $504 million. Its mission is to actively invest in the quality of life in Alcoa communities worldwide. Throughout its history, the Foundation has been a source of positive community change and enhancement, with over $465 million invested since 1952. To learn more about Alcoa Foundation, visit www.alcoa.com under Community.
About August Wilson Center for African American Culture
The August Wilson Center for African American Culture preserves, presents and interprets the art, culture and history of African Americans in western Pennsylvania and people of African descent throughout the world. The Center realizes its mission through visual and performing arts presentations as well as historical, education and public programs. A $35.9 million Capital Campaign is underway to build a new multidisciplinary cultural center in Pittsburgh’s downtown, scheduled to open in spring 2009. The Center’s two-story, green building will house exhibition galleries, a 479-seat theater for performances in all disciplines, an education center, a café and gift shop, and multipurpose spaces for community programs and events. More information is available at www.AugustWilsonCenter.org.
About Carnegie Library of Pittsburgh
Established as a public trust in 1895, Carnegie Library of Pittsburgh serves the citizens of Pittsburgh and Allegheny County with a distinguished history of leadership among the country’s great public libraries. Through its 19 neighborhood locations, including Main Library and the Library for the Blind and Physically Handicapped, Carnegie Library of Pittsburgh is the region’s most visited asset. Each year the Library provides more than 8,000 free programs, classes and other learning and training opportunities that are tailored to meet the dynamic and diverse needs of people living in Western Pennsylvania. Visit www.carnegielibrary.org for more information.
About The Children’s Institute
The Children’s Institute is an independent, licensed nonprofit organization that provides a comprehensive approach to pediatric rehabilitation: The Hospital, The Day School and Project STAR. The Hospital includes an 82-bed inpatient unit and numerous outpatient rehabilitation services for children and young adults. The Day School is an Approved Private School for children ages 2 to 21 with neurological impairments, including autism. Project STAR promotes the right of all children, especially those with physical, emotional and intellectual disabilities, to grow in a safe, nurturing, lasting family. For more information, go to www.amazingkids.org.