°Ù»¨ÊÓÆµ Creates °Ù»¨ÊÓÆµGives Foundation
Initial Funds Targeted at Medical Care for Poor and Homeless
ENGLEWOOD, Colo., April 30 /PRNewswire/ -- °Ù»¨ÊÓÆµ today announced the creation of the °Ù»¨ÊÓÆµGives Foundation. °Ù»¨ÊÓÆµGives will distribute funds, based on employee chosen themes, to charitable organizations within the Rocky Mountain Region.
°Ù»¨ÊÓÆµ's employees have decided that °Ù»¨ÊÓÆµGives will focus its 2007 charitable giving on organizations addressing the prevention, detection and treatment of medical problems of the Rocky Mountain region's most vulnerable populations, including the homeless, indigent and uninsured. Initially °Ù»¨ÊÓÆµGives plans to distribute $250,000, and is presently seeking grant proposals from public charitable organizations addressing its 2007 focus.
"We are pleased to assist our community in helping those less fortunate with the most basic need of healthcare," stated Greg Maffei, President and CEO of °Ù»¨ÊÓÆµ. "As one of Colorado's largest companies, we believe it is critical to support local causes."
"Good corporate citizenship involves giving back to the community, and we are fortunate to live in a city where successful companies like °Ù»¨ÊÓÆµ are committed to philanthropy and civic participation," said Mayor John Hickenlooper. "°Ù»¨ÊÓÆµ's new philanthropic initiative to help the less fortunate in our region will bolster our strategic efforts to end homelessness in Denver. We are grateful for this generous support."
Organizations seeking funding can forward a proposal to the Foundation via email at °Ù»¨ÊÓÆµGives@libertymedia.com or by mail at:
°Ù»¨ÊÓÆµGives Foundation 12300 °Ù»¨ÊÓÆµ Boulevard Englewood, CO 80112
Grant proposals for 2007 should be submitted by September 30, 2007, and be related to the 2007 theme.
°Ù»¨ÊÓÆµ °Ù»¨ÊÓÆµ
°Ù»¨ÊÓÆµ owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the °Ù»¨ÊÓÆµ Interactive group, which includes °Ù»¨ÊÓÆµ's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the °Ù»¨ÊÓÆµ Capital group, which includes °Ù»¨ÊÓÆµ's interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see .
SOURCE °Ù»¨ÊÓÆµ
Released April 30, 2007