MIAMI, May 13 /PRNewswire/ -- As part of Burger King Corporation's active
role in promoting the Burger King/McLamore Foundation as the BURGER KING(R)
brand's premier charitable cause, Burger King Corporation today announced a
$500,000 contribution to be fulfilled over the next five years.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031014/BKLOGO )
The funds will be allocated to support thousands of Burger King Scholars
awards to deserving students throughout the United States, Canada and Puerto
Rico.
The Burger King/McLamore Foundation's Burger King Scholars Program honors
Burger King Corporation Co-founder James W. McLamore. The public, non-profit
foundation provides annual scholarships to deserving students throughout U.S.,
Canada and Puerto Rico. In 2004, the Foundation awarded 1,578 scholarships.
"The Burger King/McLamore Foundation's mission is to provide educational
opportunities for deserving youth who best reflect the values that our co-
founder James McLamore stood for, including education, integrity, high
standards, entrepreneurialism and good citizenship," said Clyde Rucker, senior
vice president, diversity, Burger King Corporation and co-chair of the Burger
King/McLamore Foundation. "Burger King Corporation also embraces and adheres
to a set of values and among those values is the acceptance and fulfillment of
a very important challenge: to weave the Brand's philanthropic focus into our
daily operating philosophy."
About the Burger King/McLamore Foundation
Incorporated in October 1997, the Burger King/McLamore Foundation (the
"Foundation") was created to grow and thrive in perpetuity. The foundation
supports youth who emulate Jim's values of education, integrity, high
standards, entrepreneurialism and good citizenship.
The Foundation was created to unite the entire BURGER KING system in a
philanthropic effort that provides deserving youth with the educational
opportunities they need to succeed. This contributes to the development of a
skilled workforce for the future and also enhances the BURGER KING brand image
throughout North America.
The Foundation is a public non-profit foundation whose funds are derived
from many BURGER KING system members and consumers in order to create an
endowment with which to fulfill the mission "to provide educational
opportunities in the spirit of Jim McLamore to deserving youth." Unlike
private foundations, this one was not begun with assets from the gift of an
individual, family or corporation.
About Burger King Corporation
Our vision: We proudly serve the best burgers in the business, plus a
variety of real, authentic foods...all freshly prepared...just the way you
want it.
The BURGER KING system operates more than 11,220 restaurants in all 50
states and in 60 countries and territories around the world. Ninety-one
percent of BURGER KING restaurants are owned and operated by independent
franchisees, many of them family-owned operations that have been in business
for decades.
Burger King Holdings, Inc., the parent company, is private and
independently owned by an equity sponsor group comprised of Texas Pacific
Group, Bain Capital and Goldman Sachs Capital Partners. In fiscal year ending
June 30, 2003, Burger King Corporation had system-wide sales of $11.1 billion.
To learn more about BURGER KING, please visit the company's website at
http://www.burgerking.com.
SOURCE Burger King Corporation
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Related links:
http://www.burgerking.com
Company News On-Call:
http://www.prnewswire.com/comp/124650.html
Photo Notes:http://www.newscom.com/cgi-bin/prnh/20031014/BKLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Blake Lewis, Burger King Corporation,
+1-305-378-7277, or blewis@whopper.com
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