Monday, April 02, 2007

Union Pacific Foundation Increases Funding

OMAHA, Neb. — Union Pacific Foundation is increasing funds to nonprofit organizations and continuing support for its signature giving program, The Principals' Partnership. Grants are being distributed to nonprofit organizations in 22 states in which Union Pacific operates.

The Principals' Partnership will also provide professional development and support to public high school principals in 21 states. Together, Union Pacific Foundation is granting $9 million to fund The Principals' Partnership and projects submitted by nonprofit organizations, which is a $1 million increase over 2006.

"Union Pacific is honored to continue our association with the great organizations that help to make the communities in which our employees live and work a better place," said Jim Young, chairman and CEO of Union Pacific Railroad. "We are also very proud to continue supporting public high school principals through The Principals' Partnership. Union Pacific created The Partnership because we believe strong leaders build strong schools and ultimately, stronger communities."

The Principals' Partnership assists approximately 1,000 principals with responsibilities for more than 1 million students. The six-year-old program helps fulfill principals' leadership needs through a number of opportunities, including research, networking, and workshops.

Instead of a one-size-fits-all approach, the Partnership starts with the professional needs of each principal and offers an individually customized program to meet those needs. The program is offered at no cost to the school, the district or the principal. In addition, The Partnership maintains an award-winning public Web site (www.principalspartnership.com) featuring research briefs and case studies useful to all educators.

The Principals' Partnership is offered to public high school principals in key communities served by Union Pacific. For the second straight year, the program extends to principals in Arkansas, Arizona, California, Colorado, Idaho, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming.

The Union Pacific Foundation is the primary philanthropic arm of Union Pacific Corporation. The Foundation has distributed funds since 1959 to qualified organizations in communities served by Union Pacific. The Foundation is not endowed, but is funded each year from the operating profits of Union Pacific Corporation.

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