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Broadcom Foundation Launches Website

Website Features Grant Guidelines and Information on Funding for STEM Education and Community Programs


News provided by

Broadcom Foundation; Broadcom Corporation; BRCM Corporate

May 03, 2010, 08:00 ET

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IRVINE, Calif., May 3 /PRNewswire-FirstCall/ -- Broadcom Foundation announced today that it has launched its website, www.broadcomfoundation.org, paving the way for science, technology, engineering and mathematics (STEM) education program funding and grants for 2011 and beyond.  Created in 2009, Broadcom Foundation supports STEM education and research, as well as community organizations supporting STEM education, and health and human services in communities where Broadcom employees live and work.

The website for Broadcom Foundation will be the portal for online applications by education and non-profit organizations that meet the guidelines for STEM education and community support.  As part of Broadcom Foundation's commitment to environmental sustainability, only online applications will be accepted.

Highlights/Key Facts of Broadcom Foundation:

  • Supports STEM education from kindergarten through post-graduate level.
  • Seeks to close the STEM education gap for women and minorities and supports diversity through the creation of opportunities for qualified students to pursue STEM careers.
  • Supports qualified non-profit health and human service organizations in communities where Broadcom employees live and work.
  • Identifies opportunities for volunteering and civic engagement by Broadcom Corporation's more than 7,400 employees in their communities throughout the world.

Broadcom Corporation (Nasdaq: BRCM) is a global leader in semiconductors for wired and wireless communications and through strategic philanthropy by the Broadcom Foundation is able to expand its role as a community leader through support of STEM education and community services in the more than 100 communities where Broadcom employees live and work around the globe.

Supporting Quotes:

Paula Golden, Executive Director, Broadcom Foundation

"Through support of STEM education and a wide range of vital community services throughout the world, Broadcom Foundation underscores Broadcom Corporation's commitment to educating the next generation of innovators and expands its role as a corporate citizen."

Scott A. McGregor, President and CEO, Broadcom Corporation

"As a cutting-edge technology company, Broadcom has always had a special interest in supporting math, science and engineering education to prepare the next generation of technology innovators.  Broadcom Foundation is yet another way for us to invest in the future by partnering with universities, foundations, non-profit organizations and other various groups to motivate and inspire young people from all walks of life to excel in STEM related programs."

About Broadcom Foundation

Broadcom Foundation is a private non-profit public benefit corporation exempt from federal income tax under Internal Revenue Code section 501(c)(3).  The Foundation was founded in 2009 and funded solely by Broadcom Corporation.  The Foundation's mission is to advance education in science, technology, engineering and mathematics (STEM), by funding research, recognizing scholarship and increasing opportunity.  The Foundation expects to make gifts of more than $2 million annually to programs in communities throughout the world where Broadcom employees live and work.

About Broadcom Corporation

Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications.  Broadcom® products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment.  We provide the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices.  These solutions support our core mission: Connecting everything®.

Broadcom, one of the world's largest fabless communications semiconductor companies, with 2009 revenue of $4.49 billion, holds more than 4,050 U.S. and 1,650 foreign patents, and has more than 7,900 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.

A FORTUNE 500® company, Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe.  Broadcom may be contacted at +1.949.926.5000 or at www.broadcom.com.

Cautions regarding Forward Looking Statements:

All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, management's beliefs, and certain assumptions made by us, all of which are subject to change.  Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words.  These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially and adversely from those expressed in any forward-looking statement.  These forward-looking statements speak only as of the date of this release and we undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.

Broadcom, the pulse logo, Connecting everything, and the Connecting everything logo and are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU.  Any other trademarks or trade names mentioned are the property of their respective owners.

Contacts

Media Contact
Dana Brzozkiewicz

Senior Public Relations Representative
949-926-6367
[email protected]

Broadcom Investor Relations Contact
T. Peter Andrew
Vice President, Corporate Communications
949-926-5663
[email protected]


SOURCE Broadcom Foundation; Broadcom Corporation; BRCM Corporate

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