06.06.08
City Year Expands Partnership with Comcast Valued at $27 Million
Boston based City Year unveiled an expansion of its long-time partnership with Comcast, announcing that Comcast has pledged cross-channel advertising and financial support for City Year totaling $27 million over the next three years. Comcast has had two previous agreements with City Year over the past five years with a total value of $30 million. This expanded agreement will encourage young people to commit to volunteer service by increasing awareness of City Year’s mission and investing in leadership training for City Year corps members and staff.
“Comcast is a tremendous corporate citizen. Its investment in City Year is making it possible for young people to provide vitally needed services to children in schools and communities nationwide. Further, Comcast’s multi-million dollar national public service campaign will call on America’s young people to ‘give a year’ and ‘change the world’ as City Year corps members,”
said Michael Brown, City Year CEO and Co-Founder. Executive Vice President of Comcast Corporation David L. Cohen, who also serves as a member of City Year’s National Board comments:
“By enabling our youth to be more responsible citizens today, and more effective leaders for the future, City Year is making a positive difference in communities across the country – and we are proud to partner with them to promote volunteerism, diversity and youth leadership development.”
Besides the direct financial commitment of $3M, the partnership includes leadership development. media sponsorship, and other joint activities, such as City Year corps members serving alongside Comcast employees and their family members at Comcast Cares Day, the company’s national day of service.
About City Year
City Year is a nonprofit organization that unites young people of all backgrounds for a demanding year of full-time service, giving them the skills and opportunities to change the world. As tutors, mentors, and role models, these dedicated idealists make a difference in the lives of children, and transform schools and neighborhoods in 17 U.S. locations and Johannesburg, South Africa. Founded in 1988, City Year is dedicated to helping children succeed, building stronger communities, breaking down social barriers and developing young leaders. City Year is a proud member of AmeriCorps.
About Comcast
Comcast Corporation (Nasdaq: CMCSA, CMCSK) is the nation’s leading provider of cable, entertainment and communications products and services. With 24.7 million cable customers, 14.1 million high-speed Internet customers and 5.2 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
