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U.S. Employees of National Semiconductor Donate Over $1 Million Through Community Care Giving Program

Despite Economic Instability, Employees “Give Back Big”, Set New Company Record

Jul 11, 2008

July 11, 2008 - National Semiconductor Corp. today announced that its U.S. employees donated over $1 million, a new company record, to non-profit organizations and universities in fiscal 2008 through National’s Community Care Giving Program. Over 1,000 donations from employees personal bank accounts, were matched up to $1,000 by National, to support programs that aid local community organizations. The record high donations will support numerous charitable initiatives around the country, which is doubly important during the current economic lull.

“When times are tough, our employee giving increases,” said Joan Scott, director of Community Relations at National Semiconductor. Scott further suggested that National employees could relate more to people and organizations in need because the ailing economy is bringing similar hardships to friends and neighbors.  About 33 percent of National employees donated to more than 950 different organizations. Despite the unstable economy, seven organizations received donations totaling more than $10,000, while hundreds of others received over $1,000. Some of the more popular organizations included United Way chapters, the American Cancer Society, and the American National Red Cross.

National’s Community Care Giving Program began in 2000 and has enabled U.S. employees to donate to their favorite non-profits, universities, and schools. National matches the donations of its employees up to $1,000 for schools, and $500 for non-profit organizations, allowing employee donations to make an even bigger impact.  The program is unique in that donations from employees will be matched for nearly any non-profit organization in the U.S. of their choosing rather than a single pre-determined organization.

National Semiconductor has been giving back to its communities in other ways, too. The National Semiconductor Foundation, pioneered in 2000, has provided over $11.5 million for charitable programs and grants in National's communities worldwide. These grants are in addition to the donations made by employees through the Community Care Giving Program. Other National programs such as Volunteer Match, Family Giving Tree, the Human Race, and Hands on Bay Area all aim to raise money and awareness of causes for communities in need. National employees are encouraged to volunteer in the community through such programs and are rewarded for their efforts in National’s “Celebration of the Stars,” a volunteer recognition event held once a year.