Top 50 Corporate Giver

Best Buy (BBY)

bestbuy.com

Contact:

Foundation program:

Best Buy's Children's Foundation
 % of giving is through foundation

Signature program:

te@ch
The Best Buy te@ch rewards K-12 schools for their creative use of interactive technology in the curriculum to make learning fun and engaging for students. The program began in October 2003, and since has annually awarded up to 1,200 schools each year with $2,500 awards for their classrooms.


 Donations
2004 cash donations $ 18,817,944
As pct. of revenue 0.1 %
As pct. of earnings 1.3 %
Change since 2003 36.2 %
Change since 2002 19 %

2004 in-kind donations 
As pct. of revenue 0 %
As pct. of earnings 0 %
Change since 2003 0 %
Change since 2002 0 %

Projected increase/decrease increase

 Favored Issues
  arts   education   community development   health care   international
  Arts   Edu   Comm   Health   Intl


 Major Objectives

Best Buy is committed to strengthening communities where its employees work and live, primarily fueling innovation in education and meeting community needs in challenging times. Every year, the company does this in several ways, including:
-Supporting the local United Way
-Collaborating with the Marine Corps to facilitate the annual Toys for Teens drive during the holidays (Best Buy is the sole sponsor; augments the Marine Corps' national "Toys for Tots" drive). In years past Best Buy has donated $250,000 to the cause, while customers and employees have donated more than $250,000 and hundreds of thousands of gifts for the often overlooked teenagers
-Offering Best Buy Scholarships to graduating high school seniors. Best Buy gives more than $2 million to 1,300 graduating high school seniors with solid grades and exemplary community service
-Supporting area schools by helping make learning more fun through our te@ch award program (see details under "signature program" section).