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IBM'S VOLUNTEER EFFORTS HONORED IN WHITE HOUSE CEREMONY MARKING 1992 PRESIDENT'S POINTS OF LIGHT AWARDS

 IBM'S VOLUNTEER EFFORTS HONORED IN WHITE HOUSE CEREMONY
 MARKING 1992 PRESIDENT'S POINTS OF LIGHT AWARDS
 WASHINGTON, May 1 /PRNewswire/ -- President Bush honored IBM and 20 other recipients of the 1992 President's Annual Points of Light Awards Friday as part of the celebration of National Volunteer Week.
 The White House ceremony honored people and organizations for their records of outstanding community service. IBM (NYSE: IBM) was one of two corporate winners this year. The other was Columbia Savings of Boulder, Colo.
 About 90,000 employees, or about half of IBM's workforce in the United States, volunteer in their communities. Both employees and retirees volunteer in such activities as educational programs and disadvantaged young people.
 The company sponsors school partnerships, provides cash donations and IBM products to support projects in which employees volunteer and grants leave with full pay to employees to teach in universities and work in nonprofit organizations. Through Drugs Destroy Dreams, sponsored in cooperation with the National Urban League, 200 employees serve as mentors in early intervention programs in eight cities.
 "It pleases me that the volunteer efforts of thousands of IBM employees and retirees have won recognition from the President," said James G. Parkel, IBM director of Corporate Support Programs. "We've been making valuable contributions to the communities where we live and work for a long time."
 The White House awards ceremony is part of National Volunteer Week, which concludes Saturday. The week-long commemoration, a tradition begun in 1974, is designed to salute the nation's more than 98 million volunteers who yearly account for approximately $170 billion worth of donated time to causes ranging from illiteracy, health issues, homelessness and hunger, disaster relief, and mentoring.
 The 1992 President's Annual Points of Light Award winners were recommended to President Bush after a series of reviews by judges recruited by award co-sponsors, the independent Points of Light Foundation and ACTION, the federal domestic volunteer agency.
 Award recipients were selected from five service categories: education, substance abuse and community environment; health care; employment assistance; child care and programs for youth.
 Established in May 1990, the Points of Light Foundation is committed to engaging the American public in meaningful community service directed at solving serious social problems. In October 1991, the foundation merged with the National Volunteer Center, previous sponsor of the presidential awards program.
 -0- 5/1/92
 /CONTACT: Barbara Lohman of Points of Light Foundation, 202-408-5169, or Kathleen Ryan of IBM Corporation, 914-697-6578/
 (IBM) CO: International Business Machines Corp. ST: New York IN: CPR SU:


AH -- NY054 -- 5546 05/01/92 14:52 EDT
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Publication:PR Newswire
Date:May 1, 1992
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