[Congressional Record Volume 148, Number 147 (Thursday, November 14, 2002)]
[Extensions of Remarks]
[Page E2014]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                         ALCOA 50TH ANNIVERSARY

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                         HON. WILLIAM J. COYNE

                            of pennsylvania

                    in the house of representatives

                      Wednesday, November 13, 2002

  Mr. COYNE. Mr. Speaker, I rise today to recognize the 50th 
anniversary of the Alcoa Foundation.
  The Alcoa Foundation, located in Pittsburgh, was founded in 1952 with 
an endowment from Alcoa, the company that has been a very successful 
producer of aluminum in this country for decades. Alcoa has its 
headquarters in Pittsburgh.
  Since its founding, the Alcoa Foundation has made more than $339 
million in awards around the world, including the $21 million it gave 
to more than 2,000 organizations in 26 countries last year. The 
foundation targets its giving to promote the goals of conservation and 
sustainability; safe and healthy children and families; global 
education in business, engineering, science, and technology; skills for 
the future; and business and community partnerships. The foundation 
also concentrates its efforts in communities in which it operates.
  One of those communities is Pittsburgh, Pennsylvania. The Alcoa 
Foundation has established a five-year ``Allegheny Works Initiative'', 
for example, in Pittsburgh. The foundation has committed $1 million 
through this program to programs that enhance literacy and employment 
opportunities on the City's Northside. The initiative relies upon local 
leaders to determine the community's most pressing needs and suggest 
the most appropriate responses to those needs. Grant awards through the 
initiative have included after-school programs to improve young 
people's study skills and discourage drug and alcohol abuse. Other 
programs have increased access to the Internet for Northside residents 
and promoted reading among at-risk students at a local school.
  Among its many other activities, the Alcoa Foundation funds 
scholarships for the children of Alcoa employees in the United States. 
These scholarships are awarded based on achievement, potential, 
leadership, community service and character. They are judged by a 
national panel of college and university professionals. This year, 91 
students received scholarships totaling $534,000.
  Mr. Speaker, I want to commend the Alcoa Foundation for its many good 
works and congratulate its staff and donors on the 50th anniversary of 
this worthy institution.

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