ADVISORY/Silicon Valley Community Runs to Build Affordable Housing.News/Assignment Editors ADVISORY...for Saturday Saturday: see week; Sabbath. (Oct. 26) --(BUSINESS WIRE) Stanford Chapter of Habitat for Humanity Habitat for Humanity, nonprofit ecumenical Christian organization that enables low-income people to own affordable, livable housing. Headquartered in Americus, Ga., it was founded in 1976 by businessman Millard Fuller and his wife. and Silicon Light Machines Host 11th Annual Home Run Charity Event
WHAT: Silicon Light Machines is sponsoring the 11th Annual
Home Run charity event organized by the Stanford
Chapter of Habitat for Humanity. Nearly 1,000 Silicon
Valley running enthusiasts will participate in 5K and
10K runs and a 5K walk to support the construction of
affordable housing on the Peninsula. In addition to
its sponsorship, Silicon Light Machines will match the
donation of any Silicon Valley technology company's
team that beats its team of runners. Proceeds of the
race will benefit the Peninsula and Silicon Valley
chapters of Habitat for Humanity and Global Partners
for Development.
WHEN: Saturday, October 26
5K Race Starts: 9:00 a.m.
10K Race Starts: 9:30 a.m.
Awards Ceremony: 11:00 a.m.
WHERE: Stanford Stadium (in-field) - Palo Alto, California
INTERVIEW
OPPORTUNITIES: (In addition to race participants)
Silicon Light Machines Representative:
-- Tom Werner, CEO -- Discusses Silicon Light Machines'
involvement with Habitat for Humanity and the
company's continued philanthropic efforts despite the
weak economy.
Habitat for Humanity Representatives:
-- Stanford Chapter: Srinivas Panguluri, Co-President --
Provides information about the organization's mission
and how the race benefits Bay Area families in need.
-- Silicon Valley Chapter: Dave Ahn -- Long-time race
participant and organizer provides a general overview
of race, as well as its affect on Habitat projects
throughout the Bay Area.
BACKGROUND:
-- The Home Run event has raised more than $120,000 since
it was started in 1983.
-- This is the second year that Silicon Light Machines
has sponsored the race, covering all organizational
costs so that every dollar raised goes directly to the
charities.
-- The Association of Bay Area Governments projects that
16,305 additional housing units will be needed by
2006, 4,781 of which are need for low and very low
income residents.
-- Peninsula Habitat has completed the first of its
five-year plan to build 200 affordable, ownership
units by 2006.
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