press release

Texaco Press Release - Texaco Foundation Makes $10 Million Grant to Metropolitan Opera Endowment

Gift To Support Opera Education Program in New York City Schools

FOR IMMEDIATE RELEASE: SEPTEMBER 29, 1998.

WHITE PLAINS, N. Y., Sept. 29, - The Texaco Foundation today announced that it has committed to a gift of $10 million over the next five years for the Metropolitan Opera's Endowment campaign. The grant will support an innovative arts education program designed to introduce the science and beauty of opera to students throughout New York City.

Anne T. Dowling, President of the Texaco Foundation, said, "Texaco is helping to introduce children to opera in a meaningful way by bringing the resources of the Metropolitan Opera into New York City public schools. Our association with the Met extends back almost three generations. This program will help cultivate an understanding and appreciation of the opera in the next generation, while capturing the benefits that music education provides in other areas of study."

Dowling added, "This initiative is part of the Texaco Foundation's primary focus on early childhood music education. Promising research has established a link between early music education and the enhancement of reasoning skills utilized in the study of mathematics and science. In light of this research, the Foundation has chosen to focus its support on music education programs that may assist young students in their understanding of math and science concepts. In the long run, we believe this type of program will benefit both Texaco and our society as a whole."

Texaco's sponsorship of the Metropolitan Opera's radio broadcasts began in 1940, and represents the longest corporate sponsorship program in the United States. The live broadcasts now reach 22 countries. Creation of this arts education program is intended to take Texaco's support for the Opera into new areas and to provide lasting benefits for New York City's schoolchildren.

Established in 1979 under the sponsorship of Texaco Inc., the Texaco Foundation has provided an aggregate of $156 million in grants to support non-profit, tax-exempt organizations both in the United States and countries in which Texaco operates.

Updated: September 1998