Adobe Commits US$2.8 Million in Cash and Product Donations to Community Partners Worldwide.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--April 11, 2002 New and Existing Community Partnerships Advance Adobe's Commitment to Alleviate Hunger, Combat Homelessness and Improve K-12 Education Adobe Systems Adobe Systems Incorporated (pronounced a-DOE-bee IPA: /əˈdoʊbiː/) (NASDAQ: ADBE) (LSE: ABS) is an American computer software company headquartered in San Jose, California, USA. Incorporated (Nasdaq:ADBE ADBE Adobe Systems, Inc. (stock symbol) ), the leader in network publishing, today announced a commitment of more than US$1.3 million in cash and US$1.5 million in product donations to support the programs of 30 non-profit organizations and schools selected as 2002 Adobe community investment partners. The company also announced the creation of the Adobe Foundation Fund, in partnership with the Community Foundation Silicon Valley to begin building an endowment for its philanthropy program. "Adobe's strong commitment to philanthropy is unwavering, in spite of economic conditions that have impacted all U.S. businesses in the past year," said Bruce Chizen Bruce R. Chizen is the chief executive officer of Adobe Systems, based in San Jose, California. Chizen lives in Los Altos, California with his wife and children. Career , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The creation of the Adobe Foundation Fund takes our commitment to the next level, ensuring support for our program through a self-sustaining endowment that will compound over time." Of the US$1.3 million committed to the community partner organizations this year, US$1 million will immediately be granted and the remaining amount will be granted in multi-year commitments. Adobe plans to fund additional multi-national programs that will be announced later this year. Adobe 2002 Community Partners The commitments Adobe is making over the next year include donations to City Year, the Emergency Housing Consortium and Family Works. The focus of City Year, an AmeriCorps program, is to engage 17-27 year-olds to provide service to children and youth in support of academic and social success. Emergency Housing Consortium offers emergency shelter Emergency shelters are places for people to live temporarily when they can't live in their previous residence, similar to homeless shelters. The main difference is that an emergency shelter typically specializes in people fleeing a specific type of situation, such as battered , transitional and permanent affordable housing and supportive services for the homeless people of Silicon Valley. FamilyWorks' food bank and family resource center provides emergency food, life skills training and parenting support programs to help strengthen families as the foundation of a healthy community. To honor its 2002 community partners, Adobe will host a special orientation and celebration at its headquarters on April 11 and 12, 2002. San Jose Mayor Ron Gonzales Ronald R. Gonzales (born 1951) is an American politician and member of the Democratic Party, who served as the 63rd Mayor of San Jose, California. Gonzales was the first Hispanic Mayor of San Jose since California became a U.S. state in 1850. and the office of the Mayor of Seattle, Wash. are expected to attend as honored guests. About Adobe Community Relations 1. The relationship between military and civilian communities. 2. Those public affairs programs that address issues of interest to the general public, business, academia, veterans, Service organizations, military-related associations, and other non-news media entities. The goal of Adobe's Community Relations program That command function that evaluates public attitudes, identifies the mission of a military organization with the public interest, and executes a program of action to earn public understanding and acceptance. is to positively impact, strengthen and improve the communities in which Adobe employees live and do business. The community relations program provides cash grants and in-kind contributions, including software products, volunteer support and free software training to non-profit organizations and K-12 teachers. Resources are targeted to improve K-12 education and address issues related to poverty, specifically hunger and homelessness. Adobe's 2001 Community Relations Annual Report and a complete list of Adobe's 2002 community partners will be available mid-April at www.adobe.com/community/focus2001. About Adobe Systems Incorporated Founded in 1982, Adobe Systems Incorporated (www.adobe.com) builds award-winning software solutions for network publishing, including Web, ePaper, print, video, wireless and broadband applications. Its graphic design, imaging, dynamic media and authoring tools enable customers to create, manage and deliver visually-rich, reliable content. Headquartered in San Jose, Adobe is the second-largest PC software company in the U.S., with annual revenues exceeding $1.2 billion. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. All other trademarks are the property of their respective owners. |
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