Suncor Energy Inc.

Suncor Energy Inc.

February 03, 2006 00:00 ET

Suncor Energy invests record $9 million in charitable and non-profit groups

All figures in Canadian dollars.
Calgary, Alberta (February 3, 2006) — Suncor Energy today announced it invested a record $9 million in more than 600 charitable organizations and non-profit groups in 2005. Approximately $6.7 million of that total was invested through the Suncor Energy Foundation, which manages Suncor's charitable donations in Canada. An additional $2.4 million was invested by different Suncor businesses through cash and in-kind donations.

Last year's program featured the two largest single investments in the Foundation's history: a $3-million, six-year commitment to the Northern Alberta Institute of Technology to help address the shortage of skilled workers, and a $2.5-million investment in a new multi-use recreational facility for the rapidly growing population of Alberta's Wood Buffalo region.

"We are pleased to invest in the future of the communities where our employees live and work," said Sue Lee, Suncor's senior vice president of human resources and communications, and president of the Suncor Energy Foundation. "Part of our commitment as a sustainable energy company is to share the benefits of our growth by giving back to our communities."

Suncor's investments in 2005 were focused in three priority areas:

• $5.2 million for community projects, including Aboriginal programs
• $2.1 million for education programs, specifically in skilled trades, science and technology
• $1.7 million for environmental initiatives

The Suncor Energy Foundation also recognized the volunteer efforts of Suncor's employees and retirees by providing $277,000 in community service grants in 2005. The Foundation and Suncor employees also jointly raised $1.7 million for United Way campaigns in Calgary, Edmonton, Grande Prairie, Fort McMurray, Sarnia, Toronto and Denver.

Suncor Energy Inc. is an integrated energy company headquartered in Calgary, Alberta. Suncor's oil sands business, located near Fort McMurray, Alberta, extracts and upgrades oil sands and markets refinery feedstock and diesel fuel, while operations throughout Western Canada produce natural gas. Suncor operates a refining and marketing business in Ontario with retail distribution under the Sunoco brand. U.S.A. downstream assets include refining operations in Colorado and retail sales in the Denver area under the Phillips 66 brand. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
The Suncor Energy Foundation is a private, non-profit charitable foundation established to manage and administer Suncor's community contributions through donations to Canadian charitable organizations. As an 'Imagine Caring Company,' Suncor donates at least one per cent of average domestic pre-tax profits to charitable and non-profit causes each year.


For more information visit or contact:

Cathy Glover
Suncor Energy Foundation
(403) 205-6806

BACKGROUNDER: Suncor Energy 2005 community investment highlights

Suncor Energy's community investments in 2005 included the following projects and partnerships:

Community Projects:
• $2.5 million to the Regional Municipality of Wood Buffalo in Fort McMurray, Alberta, for a new multi-use recreational facility and to create local youth recreation programs.
• $30,000 to the Lambton Safe Community Council in Sarnia, Ontario, for a young workers safety program.
• $195,000 to the Calgary YMCA 7th Generation program for leadership development of Aboriginal high school students.
• $28,000 to Colorado UpLIFT in Denver, Colorado to enable youth to develop leadership skills through positive values, teamwork and education.

• $3 million over six years to the Northern Alberta Institute for Technology (NAIT) in Edmonton, Alberta, to create the NAIT Suncor Energy Centre for Piping Technologies and scholarships for Aboriginal, immigrant and female students.
• $300,000 to Bow Valley College in Calgary, Alberta, to support the Directions for Immigrants in Trades and Professional Careers program.
• $7,000 to St. Clair Secondary School in Sarnia, Ontario, to support the PAIRS program that enhances student learning and provides positive educational opportunities.
• $18,000 to the Adams District 14 Education Foundation in Denver, Colorado to fund scholarships and teachers' projects.

Environmental initiatives:
• $1.05 million over three years to the Alberta Conservation Association (ACA) Boreal Habitat Conservation Initiative to help identify and acquire ecologically significant parcels of boreal habitat in northern Alberta for conservation.
• $37,000 to the Sustainability Institute of Canada in Toronto, Ontario, for the Environmental Leadership and Management program, which develops leaders in Canadian environmental non-profit groups.
• $100,000 to the Canadian Parks and Wilderness Society (CPAWS) in Calgary, Alberta, to support the Volunteer Leadership program, which trains volunteers to be leaders in the environmental community.
• $11,000 for the Sand Creek Regional Greenway Partnership in Denver, Colorado to further support the development of the nature trail system between the South Platte River and the High Line Canal in Aurora.

For more information on the Suncor Energy Foundation and Suncor's community investment activities, visit

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