OAKLAND, CA--(Marketwired - April 11, 2014) - The Warriors Community Foundation, in partnership with the Koret Foundation and Taube Family Foundation, this season launched Hoops for Kids where Warriors achievements on the court support underserved youth in the Bay Area, it was announced today. Through Hoops for Kids, every Warriors three pointer made during the 2013-14 regular season generates $500 for five organizations working locally to improve educational opportunities and life outcomes for kids. To date, the Warriors have made 721
three-pointers during the 2013-14 season (as of April 10, 2014), raising over $350,000 and counting for Hoops for Kids.
"In its inaugural year, it is outstanding to see the support we have had for the Hoops for Kids program," said Warriors Co-Executive Chairman and CEO Joe Lacob. "We could not have done it without an early investment from the Koret Foundation and Taube Family Foundation. With their partnership we can make an impact off the court for those who need it the most."
During pre-game of Monday's game against the Minnesota Timberwolves, from 5:30pm - 6:15pm, the Warriors Community Foundation, Koret Foundation and Taube Family Foundation will host a reception for the beneficiaries in the Warriors Lounge. In addition, the five organizations will be recognized on-court with a check presentation at halftime.
"The Koret Foundation and Taube Philanthropies have been longstanding supporters of youth organizations," said Tad Taube, President of the Koret Foundation and Chairman of Taube Philanthropies. "We are gratified and proud that we can join with the Warriors Community Foundation to partner in a program that will enhance our mutual commitment and have an impact on underserved youth in the communities we serve."
This year's Hoops for Kids program supports:
BUILD - Using entrepreneurship to excite and propel disengaged, low-income students through high school and on to college success.
Playworks - Creating a place for every kid to belong and be a part of the game.
Reading Partners - Providing one-on-one literacy tutoring at Title I elementary schools in San Francisco and the East Bay.
ABOUT THE WARRIORS COMMUNITY FOUNDATION
The Warriors Community Foundation is dedicated to making a significant and lasting impact on the lives of underserved youth in the San Francisco Bay Area. Specifically, the Foundation strives to improve educational outcomes among children in Alameda and San Francisco Counties. Established in 2012 under the new Lacob and Guber ownership group, the Foundation extends the team's impact locally and continues a longstanding tradition of community involvement. It is sustained by generous contributions from individuals, foundations, and corporate partners. For more information on the Golden State Warriors 2013-14 season, presented by Kaiser Permanente, visit warriors.com.
ABOUT THE KORET FOUNDATION
Based in San Francisco, the Koret Foundation supports organizations that promote a vibrant and distinctive Bay Area region. Koret focuses giving in two major areas: building connectivity and identity within the Jewish community, and strengthening Bay Area anchor institutions. Since its founding in 1979, Koret has invested nearly $500 million to contribute to a higher quality of civic and Jewish community life. For more information please contact Ashley Rodwick, firstname.lastname@example.org or visit www.koret.org.
ABOUT THE TAUBE FAMILY FOUNDATION
Taube Philanthropies was established in 1981 by its founder and chairman, Tad Taube. Based in the San Francisco Bay Area and with an office in Warsaw, the Foundation makes philanthropic investments primarily in the Bay Area and Poland, in scholarship, heritage preservation, arts and culture, education, and institution-building. Taube Philanthropies is committed to collaborative giving for greatest charitable impact and actively partners with individual donors and other foundations. For more information, contact Vera Hannush, vhannush@taubephilanthropies or visit www.taubephilanthropies.org.
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