CALGARY, Alberta The Suncor Energy Foundation, which manages corporate donations for SUNCOR ENERGY, donated $5.3 million to more than 300 charitable organization in 2003. This is the foundation's largest annual contribution to date, up 18% from the $4.5-million level reached in 2002.
Sue Lee, Suncor's senior VP of human resources and communications and president of the foundation, said, "Since 1998, the foundation has donated more than $20 million to our communities. We take pride in the fact that at Suncor we share our success with our neighbours." Suncor is an Imagine Program "Caring Company" as defined by the Canadian Centre for Philanthropy. The company allocates a minimum of 1% of average domestic pre-tax profits to the foundation and community contributions each year. The Canadian Centre for Philanthropy site can be accessed at www.cpp.ca.
Last year Suncor focused its giving in three areas: environmental initiatives, science and technology education, and communities. The largest donations were given to the Northern Lights Regional Health Foundation, the Alberta Conservation Association, the Banff Centre for Continuing Education, and the Inn of the Good Shepherd. For the third year in a row Suncor, its employees and retirees also contributed more than $1 million to the United Way in Alberta and Ontario communities where it operates.
For more information visit www.suncor.com/inthecommunity or call the manager of the Suncor Energy Foundation, Cathy Glover, at 403-205-6806.