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Excellence Refined - 30 Years - Valero

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to coordinate the tournament itself. Starting in 1996, the<br />

first three tournaments raised a total of $1.3 million for<br />

51 children’s charities. But the stakes were raised again<br />

when <strong>Valero</strong> claimed the title sponsorship of the Texas<br />

Open in 2001.<br />

Through its partnership with Habitat for Humanity, <strong>Valero</strong> Volunteers have built<br />

homes for families in several states.<br />

In 1993, <strong>Valero</strong> was honored with the United Way’s Spirit<br />

of America Award for <strong>Excellence</strong> – its highest corporate<br />

honor. At the time, <strong>Valero</strong> was the smallest company ever<br />

to have won the national award. <strong>Valero</strong> had just 1,900<br />

employees, revenues of $12 billion and was ranked No.<br />

<strong>30</strong>9 on the Fortune 500 list. With much excitement,<br />

the company received this award again in 2004, making<br />

<strong>Valero</strong> only the second company in United Way’s history<br />

to win this award twice. By then, the company boasted<br />

20,000 employees, revenues of $50 billion and a ranking<br />

of No. 34 on the Fortune 500 list. <strong>Valero</strong>’s companywide<br />

United Way gift of $7.5 million ranked among the top <strong>30</strong><br />

campaigns in the nation. Six years later, in 2010, <strong>Valero</strong><br />

will compete for the award again. “<strong>Valero</strong> has made<br />

headlines for many reasons through the years, but the<br />

one thing I come back to over and over is this company’s<br />

drive for community good,” said Kim Bowers, Executive<br />

Vice President and General Counsel. “It’s remarkable to<br />

see the length to which each location is willing to go.”<br />

More Than Great Golf<br />

The <strong>Valero</strong> Benefit for Children Golf<br />

Classic is the company’s largest<br />

grassroots fundraiser. Employees are<br />

involved with every aspect of the event,<br />

from soliciting sponsorships from suppliers and vendors,<br />

and nominating the children’s charities, to volunteering<br />

Held in the Alamo City since 1922, the Texas Open had<br />

lost its title sponsor and was in danger of being moved<br />

to another city. But <strong>Valero</strong> and San Antonio fought hard<br />

to keep the event. The prestigious tournament was a<br />

major economic generator, and it played an important<br />

role in promoting the city as a golf destination. With<br />

<strong>Valero</strong>’s new retail presence, which resulted from the<br />

UDS acquisition, the company was able to step in and<br />

save the important piece of history.<br />

After becoming Texas Open title sponsor in 2001,<br />

the Benefit for Children tournament has increased its<br />

charitable contribution by $1 million or more every year<br />

and spread those dollars to children’s charities across the<br />

<strong>Valero</strong> system. In 2009, the <strong>Valero</strong> Texas Open raised a<br />

remarkable $8 million for charity, securing its place – for<br />

the third consecutive year – as the top PGA tournament<br />

for charitable giving and one of the most successful<br />

outcomes in the Texas Open’s 87-year history. <strong>Valero</strong><br />

has raised more than $45 million since 2002 through its<br />

Texas Open activity. Bill Greehey’s vision and leadership<br />

made the event a tremendous success.<br />

Volunteerism the <strong>Valero</strong> Way<br />

In 2008, Volunteer Councils led the company’s first<br />

national Food Bank campaign. In California, volunteers<br />

helped launch the Bay Area’s “2-1-1 Project,” which<br />

allowed the United Way to answer 148,000 calls for<br />

assistance in its first year. The <strong>Valero</strong> Wilmington Refinery<br />

was named “Distinguished Citizen of the Year” by the<br />

Long Beach Boy Scouts for its contributions to youth<br />

and the community. <strong>Valero</strong> was only the third business<br />

and first oil company to be recognized in the award’s 20-<br />

year history. Elsewhere, volunteers have increased Meals<br />

on Wheels routes, transformed lives through a truancy<br />

counseling program, and fed hundreds of hungry families<br />

through the company’s own “Stuff the Truck” initiative.<br />

“In my 17 years of working in the nonprofit community,<br />

The Heartbeat of <strong>Valero</strong><br />

<strong>30</strong>

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