Minnesota Council on Foundations News & Events


 

Best Buy To Steer Giving To Help
Kids Ages 13-15
 

March 3, 2008


According to a story in the Minneapolis St. Paul Business Journal, Best Buy is will focus its grantmaking on early adolescents:

Best Buy and its charitable arm, the Best Buy Children's Foundation, plan to focus all giving toward programs aimed at youth 13 to 15 years old. Teenagers typically spend a lot of money on consumer electronics, and the average Best Buy store employee is 19 to 22 years old. "From the business standpoint, this is definitely a segment of the population that we've got a vested interest in," said Jeffrey Peterson, Best Buy's director of community relations.

The new approach, called @15, is still in the early-development stages, and many details won't be finalized until April or May. The company hasn't identified specific donation targets yet, but plans to focus on four underlying themes: Learn, live, lead and love. Learn will focus on education programs, live will aim to create economic opportunities, lead will create opportunities for civic-minded children to give back to their communities and love will target relationship development.

 

Read more in the Business Journal


 

 
Related Items
Best Buy Children's Foundation
Story in the Minneapolis St. Paul Business Journal
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