Best Buy 2000 Annual Report Download - page 17

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Best Buy Co., Inc. Fiscal 2000 Annual Report
Giving back to the community is a priority at Best Buy. We are committed to
contributing to the communities where our employees and customers live and work. Our Company’s
contribution goal is to donate 1.5% of pre-tax earnings, focusing 50% on youth development organizations
and the remaining in Best Buy community initiatives. In fiscal 2000, Best Buy and the Best Buy Children’s
Foundation™ (BBCF) awarded grants and employee volunteer support totaling over $5.5 million.
The BBCF, established in 1994, supports organizations and programs committed to making a difference
in the lives of school-aged children. It provides resources to innovative programs that promote personal
achievement, mentor relationships and life skills. The Best Buy Charity Classic, the major fundraiser for
the BBCF, is the largest charitable golf event in Minnesota, raising more than $1.3 million last year.
Fiscal 2000 was the second year of our three-year, $1.5 million pledge to America’s Promise—The Alliance
for Youth. Best Buy contributes to organizations that fulfill the promise, including United Way, Dollars for
Scholars, Reading Is Fundamental, Boys and Girls Clubs of America, and DECA.
Our employee volunteers are professional role models in our communities. They mentor at-risk youth,
teach in Junior Achievement classrooms and build homes for Habitat for Humanity. As our Company
continues to grow, so does our ability to support organizations that share our values.
Best Buy is dedicated to making a meaningful and lasting
impact on the quality of life in the communities we serve.
That commitment is reflected in our support of nonprofit
programs that put young people on the path to
become responsible, successful adults.
—Susan Hoff, President–Best Buy Children’s Foundation
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