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WEYERHAEUSER CO. FOUNDATION NAMED OUTSTANDING NORTHWEST FOUNDATION

WEYERHAEUSER CO. FOUNDATION NAMED OUTSTANDING NORTHWEST FOUNDATION
 TACOMA, Wash., Nov. 11 /PRNewswire/ -- Weyerhaeuser Co. Foundation, the corporate giving arm of Weyerhaeuser Co. (NYSE: WY), is being named the 1992 Outstanding Foundation by the National Society of Fundraising Executives, Washington State Chapter, and the Northwest Development Officers Association, the company said today. This award will be conferred, along with four in other categories, on Monday, Nov. 16, at a noon luncheon at the Sheraton Hotel in Seattle in commemoration of National Philanthropy Day.
 "We are proud to be given such high honors by professionals in the philanthropy field," said Mary Hall, president of Weyerhaeuser Co. Foundation. "We value our relationships with the organizations we fund, and feel this award affirms the important work we are accomplishing together."
 Weyerhaeuser Co. Foundation was cited for its decades-long record of effective and diverse corporate giving that focuses on improving the quality of life in the communities in which the company has major operations or substantial land holdings. The Foundation's grant-making is decentralized and grants are recommended through Field Review Committees made up of employee volunteer advisors.
 In 1991, the Foundation contributed $4.6 million through approximately 600 grants nationwide, of which Washington received $1.5 million and Pierce and King counties (corporate headquarters area) $1.14 million. In Tacoma and Federal Way, the Foundation initiated a new model for serving "latchkey" kids, ages eight-12, by creating comprehensive centers for after-school academic, recreation, counseling and health services in collaborative partnerships with community service organizations and schools. The Foundation also places a priority on environmental projects at both the community and university level, the building or improvement of community and social service centers, arts stabilization funding, and rural access to health and human services, and the arts.
 Established in 1948, Weyerhaeuser Co. Foundation is the oldest fund for corporate giving in the Northwest and one of the oldest in the nation. In addition to grant-making, the Foundation's work is supported by the company through loaned executives and employee placement on more than 300 local non-profit boards, and through the WAVE Club (Weyerhaeuser Active Volunteer Employees) whose members help on special projects and events from house-painting for an elderly widow to serving athletes at the 1992 Special Olympics Swimming Competition.
 -0- 11/11/92
 /CONTACT: Caroline Bombar of Bombar Public Relations, 206-782-9139, or mobile, 206-669-0290, for Weyerhaeuser; or Frank Mendizabal of Weyerhaeuser, 206-924-3357/
 (WY) CO: Weyerhaeuser Co.; Weyerhaeuser Co. Foundation ST: Washington IN: SU:


SW-JL -- SE004 -- 9667 11/11/92 10:50 EST
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Date:Nov 11, 1992
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