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Article: Alcoa and Alcoa Foundation Today Announce Combined Community Giving for 2001; International Giving for Alcoa Foundation Increases by 86%, Expands to 26 Countries.
- Article from:
- Business Wire
- Article date:
- January 30, 2002
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Business Editors
PITTSBURGH--(BUSINESS WIRE)--Jan. 30, 2002
Alcoa and Alcoa Foundation today released highlights of combined community giving for 2001. In spite of a challenging year, both entities continued to significantly support communities around the world where Alcoa operates. The highlights include a combined total of more than $52 million in giving from Alcoa and Alcoa Foundation.
Alcoa's corporate contributions totaled approximately $13 million in grants and $18 million in one-time gifts related to real estate. The real estate gifts include the difference between the appraised value and the price paid by the University of Richmond for ...