Samsung’s Four Seasons of Hope program, an innovative philanthropic initiative that combines the forces of major national retailers with sports, music, and civic personalities, joined with Best Buy to present a donation of $100,000 to Carlos Santana's Milagro Foundation today during an assembly at the Davidson Middle School in San Rafael, California. The assembly featured a performance by the Performing Stars of Marin and special appearances by Carlos Santana and Mayor Alberto J. Boro of San Rafael.
In honor of Hispanic Heritage Month, Samsung and Best Buy have created a special retail promotion with Carlos and Deborah Santana’s Milagro Foundation, to help support under-represented and underprivileged children and youth in the areas of the arts, education, and health. For every Samsung product sold at Best Buy stores nationwide and online during October, a minimum donation of $100,000 reflecting a portion of the sales will be donated to The Milagro Foundation.
“Samsung is thrilled to have continued our partnership with Carlos Santana and The Milagro Foundation through a promotion with Best Buy,” said D.J. Oh, president and CEO, Samsung Electronics America, Inc. “After his outstanding performance at our 7th Annual Samsung’s Four Seasons of Hope Gala this summer, we were open to confirming additional opportunities to work with Carlos and support the great work that The Milagro Foundation does for children and the arts. Today’s assembly is just one example of how we plan to work with Carlos in the future and support this important cause.”
“It was an honor being here and accepting this donation for The Milagro Foundation,” said Carlos Santana. “Watching the children perform today means that the money raised by partners such as Samsung and Best Buy are going to our future and letting them enjoy their passion for the arts. I look forward to continuing our relationship with Samsung and Best Buy and thank them for their support.”
Samsung’s Four Seasons of Hope began in 2002. Since its inception, the program has raised more than $12 million to benefit children, families and communities in need. For more information on Samsung’s Four Seasons of Hope and The Milagro Foundation, please visit www.fourseasonsofhope.com and www.milagrofoundation.org.
About Samsung Electronics America, Inc.
Samsung Electronics America, Inc. (SEA), based in Ridgefield Park, NJ, is a subsidiary of Samsung Electronics Co., Ltd. The company markets a broad range of award-winning consumer electronics, information systems, and home appliance products, as well as oversees all of Samsung’s North American operations including Samsung Telecommunications America, LP, Samsung Semiconductor Inc., Samsung Electronics Canada, Inc. and Samsung Electronics Mexico, Inc. As a result of its commitment to innovation and unique design, the company was ranked #6 in the Electronics Industry segment in Fortune Magazine’s“Most Admired Companies 2008,” and named as one of Fast Company’s “Fast 50 Most Innovative Companies of 2008.” Among popular BusinessWeek rankings, the company ranked #26 in the publication’s “Most Innovative Companies of 2008” and #21 in the “100 Best Global Brands” for 2007. Samsung Electronics Co, Ltd. is also a top patent holder, ranking second overall in the U.S. in 2007. Please visit www.samsung.com for more information.
About The Milagro Foundation
The Milagro Foundation was established in 1998 by Deborah and Carlos Santana's to globally serve under-represented and underprivileged children and youth in the areas of the arts, education and health. Milagro means “miracle,” and the image of children as divine miracles of light and hope – as gifts to our lives – is the meaning of the name. Since its inception, the Milagro Foundation has granted over $2 million to non-profit programs making a difference in the lives of children in the Bay Area, across the United States, and around the world. For more information, please visit www.milagrofoundation.org.
About BEST BUY CO., INC
Best Buy Co., Inc. (NYSE: BBY) is an innovative Fortune 100 growth company that continually strives to create superior customer experiences. Through more than 930 retail stores across the United States and in Canada, our employees connect customers with technology and entertainment products and services that make life easier and more fun. We sell consumer electronics, home-office products, entertainment software, appliances and related services. A Minneapolis-based company, our operations include: Best Buy (BestBuy.com and BestBuyCanada.ca), Future Shop (FutureShop.ca), Geek Squad (Geek Squad.com and GeekSquad.ca) and Magnolia Audio Video (Magnoliaav.com). We support our communities through employee volunteerism and grants from The Best Buy Children’s Foundation.
Contacts:
Katie Seifert, 201-229-4090
kseifert@sea.samsung.com
or
MWW
Group
Robyn Fink, 212-704-9727
rfink@mww.com
