Verizon Foundation Awards $15,000 Grant to Fundación Leer to Support Education and Literacy in Argentina

BUENOS AIRES, Argentina – The Verizon Foundation has awarded a $15,000 grant to Fundación Leer to expand a literacy program in Argentinean schools.

The grant was presented by Judy Spitz, senior vice president and chief information officer for Verizon’s business and consumer groups, during a recent Town Hall meeting with local Verizon employees.

The grant will expand Fundación Leer “Reading Corners” program, which provides a comfortable area in local schools for children to explore reading independently or with support of Verizon volunteers who are trained by Fundación Leer. Verizon employees also assist with the painting and decorating of the rooms.

With the new grant, the Verizon Foundation has provided more than $45,000 to Fundación for its reading corner’s program. So far, reading corners have been opened in four schools including: Public Kindergarten “A” D.E. 03, Special Education School N4, “Sarmiento” Public School and the “Mariano Acosta” Public School

“Strong literacy skills are the foundation for future success in the classroom,” said Spitz. “Verizon is honored to partner with Fundación Leer on this valuable educational program to increase learning opportunities for students.”

About

The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of literacy and K-12 education through its free educational Web site, Verizon Thinkfinity (www.thinkfinity.org), and fosters awareness and prevention of domestic violence. In 2009, the Verizon Foundation awarded $67.9 million in grants to nonprofit agencies in the U.S. and abroad. It also matched the charitable donations of Verizon employees and retirees, resulting in $26.1 million in combined contributions to nonprofits. Through Verizon Volunteers, one of the nation’s largest employee volunteer programs, Verizon employees and retirees have volunteered more than 5 million hours of community service since 2000. For more information on the foundation, visit www.verizonfoundation.org.

Fundación Leer was created in March 1997 and provides invaluable educational programs; materials and training which help encourage the practice of reading among children and young people, as well as develop the necessary reading/writing skills for success in the workplace. These educational projects are implemented in public and private schools of rural and urban communities, libraries, hospitals, centers for children with special needs, juvenile reform halls, recreational institutions, health centers and food shelters, across Argentina. Fundación Leer is a member of the Civil Society at the Organization of American States activities and a member of the International Reading Association.

Verizon Communications Inc. (NYSE, NASDAQ:VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 91 million customers nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers innovative, seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of approximately 222,900 and last year generated consolidated revenues of more than $107 billion. For more information, visit www.verizon.com.

Media Contacts

Ellen Yu, Verizon Media Relations (Reporters only)
ellen.yu@verizon.com
908-559-2818