TIAA-CREF Donates 337 Computers to United Way and Partner Agencies in Charlotte Region

Beneficiaries Include Communities In Schools, Goodwill, Salvation Army, Urban League; 490 More Computers Donated in New York, Dallas, Denver

Charlotte, N.C., June 29, 2010

TIAA-CREF, a long-time supporter of United Way and its partner agencies, is donating 827 computers to education and health and human services nonprofits around the nation, including 337 here in Charlotte.

TIAA-CREF worked with United Way to determine which local agencies were most in need of replacements for aging computers, and also selected agencies aligned with TIAA-CREF’s educational roots and nonprofit philosophy.

Quick Facts

  • 337 computers in Charlotte, 827 overall
  • 9 nonprofit agencies receiving computers in Charlotte:
    • Communities in Schools – 25 computers
    • Goodwill Industries of the Southern Piedmont – 55
    • KIPP Charlotte (Knowledge Is Power Program)* – 20
    • Nexus Urban Serve* – 30
    • Salvation Army – 50
    • United Family Services – 45
    • United Way of Central Carolinas – 62
    • Urban League of Central Carolinas – 20
    • YWCA Central Carolinas – 30
  • $53,300 – market value of these computers ($127,100 for all four cities)

“Communities In Schools is thrilled to receive this generous donation of computers from TIAA-CREF,” said Bill Anderson, executive director of Communities In Schools. “It represents a significant savings for our technology budget and will help us provide our staff with the tools they need to do their job. And it’s a gift we can put to use right away.”

Established in 1918 with a $1 million grant from Andrew Carnegie to provide life insurance for teachers, TIAA-CREF has a long record of giving back to individuals and communities where the organization operates. Its United Way partnership goes back as far as 1938, when TIAA’s 65 employees helped launch The Greater New York Fund – today known as United Way of New York City.

“The mission we embarked on in 1918 still rings true today,” said Renee Alexander Sherrod, Vice President, Diversity and Community Affairs, TIAA-CREF. “At TIAA-CREF, our employees have a long tradition of contributing to those efforts that help support the greater good. Together with United Way, we’re able to provide these important nonprofit agencies with the necessary tools and technology they need to succeed within our community.”

About TIAA-CREF
TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with $426 billion in combined assets under management (3/31/10) and the leading provider of retirement services in the academic, research, medical and cultural fields.

About United Way of Central Carolinas
United Way of Central Carolinas focuses on three key areas: Children & Youth; Crisis, Housing & Stability; and Health & Mental Health. Through its 96 partner health and human services agencies, United Way creates long-lasting community change by addressing the underlying causes of problems, working in Anson, Cabarrus, Charlotte/Mecklenburg, Mooresville/Lake Norman and Union. For more detail, please visit www.uwcentralcarolinas.org.

(* Not a United Way partner agency.)

Media Contacts:
Jennifer Compton, jcompton@tiaa-cref.org
212 916-6066; Cell: 917 597-8896
Bill Norton, wnorton@uwcentralcarolinas.org
704 371-6206; Cell: 704 763-6059

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