press release

Texaco's SUPPORT NURTURES DIVERSE GROUP OF EMERGING LEADERS

Non-profit Organizations Awarded Support for Their Leadership Development Efforts

FOR RELEASE: TUESDAY, AUGUST 22, 2000.

WASHINGTON, D.C., August 22 - Texaco today announced its continued support for the development of strong leaders with the presentation of two grants in Washington, DC. Richard A. Brown, Director of Community Relations (Worldwide) for Texaco, awarded checks totaling $50,000 to the National Hispana Leadership Institute and to Work, Achievement, Values, and Education, Inc. (WAVE). Both organizations received grants as part of the Texaco Emerging Leaders Program.

Explaining Texaco's commitment to leadership development, Brown said, "Texaco's corporate emphasis on leadership translates to our interest in supporting the growth and development of leaders in the non-profit sector. Our support for these two national organizations will provide valuable leadership and management training for nonprofit leaders in many communities across the country. "

The National Hispana Leadership Institute (NHLI), located in Arlington, VA, is committed to the education and leadership development of Hispanic women. Through training, professional development, community and world activism, and relationship building, the organization aids Latinas in becoming ethical world leaders. The Texaco grant of $25,000 will provide scholarship assistance to three individuals attending the NHLI's four-week intensive leadership development program.

Work, Achievement, Values & Education, an organization devoted to the motivation and success of young people, actively engages youth in their communities and encourages them to complete school and lead productive lives. WAVE, located in Washington, DC, supports teachers and youth development professionals in schools and community organizations, including juvenile courts, governments, foundations, and businesses. In preparing young people for adulthood and the workplace, the program cultivates civic awareness and responsibility.

The Texaco Emerging Leaders grant, $25,000 payable over two years, will help identify outstanding leaders from community-based organizations and prepare these individuals for national leadership roles in the WAVE program.

Established in 1999, the Texaco Emerging Leaders Program supports local, regional and national nonprofit leadership development projects. Texaco is particularly interested in supporting organizations whose primary mission is providing high-quality leadership services to a diverse group of individuals - from college students to emerging nonprofit leaders. In addition to grants awarded through the Texaco Emerging Leaders Program, Texaco established the Texaco Management Institute (TMI) in 1996 to support leadership development in the nonprofit sector. The Institute provides intensive leadership and management training to nonprofit leaders from around the country. The three and half day Institute, developed in partnership with the Peter F. Drucker Foundation for Nonprofit Management, is held in Houston and the Washington, DC area every year.

Updated: August 2000