press release

Texaco Press Release - Texaco Foundation Gives $50,000 to 'A Better Chance'


NEW YORK, N.Y., June 25 - The Texaco Foundation has granted $50,000 to A Better Chance, Inc., the only national program that provides academically talented minority students with access to the nation's top college preparatory schools. Virtually all of the program's graduates go on to college and today nearly 9,000 alumni have careers that range from journalism to law and medicine, from public service to business and the arts.

Commenting on the grant, Texaco Foundation President Carl B. Davidson said, "Texaco is proud of the work 'A Better Chance' accomplishes in assisting students to achieve their full potential. We are pleased to be a part of the program that has demonstrated success in expanding access to quality educational opportunities."

Judith B. Griffin, President of A Better Chance, said, "We are pleased that Texaco has chosen to support our mission. We understand that in order for companies like Texaco to continue to compete globally, they need a diverse, well-educated and well-prepared workforce. Through our many programs, we provide students with the tools that they need to compete successfully. We view Texaco's support as important in helping us continue to identify and nurture our nation's next generation of business and community leaders."

A Better Chance will use the grant funds to support current and new programs for greater numbers of minority students. These programs include Pathways to College, an after school program that assists public high school students in Newark, N.J., and Pine Bluff, Ark., with preparation for college admission.

The Texaco Foundation, established in 1979, supports charitable organizations and programs in the areas of education, the arts and culture, environmental research and awareness, and civic interest.

Updated: June 1998