Level 3 Launches Foundation to Amplify Philanthropic Efforts
Thursday, June 18, 2015
BROOMFIELD, Colo., June 15, 2015 /PRNewswire/ -- Global telecommunications provider Level 3 Communications, Inc., (NYSE: LVLT) announced the formation of the Level 3 Foundation Inc., a 501(c)(3) public charity. The Foundation was established to amplify the efforts of Level 3 Cares, the company's corporate social responsibility program that launched in 2012, and give back to the communities where its employees live and work.
"The Foundation marks a new milestone in our commitment to our local communities," said Laurinda Pang, chief administrative officer of Level 3 and vice president of the Foundation. "We are looking toward a broader notion of social responsibility. The Foundation reflects our core values and is intended to have a meaningful effect in the communities our employees call home."
The mission of the Foundation is to provide employees and community members the opportunity to be kind to their neighbors and share in the company's commitment to giving back. Both company employees and community members can contribute financially to the Foundation to support any of the identified cause areas: animal welfare, arts and culture, disaster relief, education, health and disease, natural environment and the underprivileged. Level 3 will match up to $250,000of all employee contributions made to the Level 3 Foundation this year.
Level 3 believes a company culture based on core values not only helps its business, but also defines the role it can play in society. These core values – accountability, integrity, performance, respect, service and teamwork – helped lay the groundwork for the Foundation and its mission.
The Foundation's Board of Directors is comprised of three members, Tom Stortz, president and Chairman of the Board, Laurinda Pang, vice president, and Sondra Smith, secretary.
For more information about the Level 3 Foundation and Level 3 Cares, visit www.level3.com/en/about-us/corporate-social.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) is a Fortune 500 company that provides local, national and global communications services to enterprise, government and carrier customers. Level 3's comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 serves customers in more than 500 markets in over 60 countries across a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. For more information, please visit www.level3.com or get to know us onTwitter, Facebook and LinkedIn.