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com/hopeline .verizonwireless.
Commenting on the new grants, Stephanie Bell-Rose, President of
The Goldman Sachs Foundation, said, "These grants address critical
needs in education - academic enrichment for gifted youth who have
traditionally been underrepresented on top college campuses, economic
and financial literacy, and teacher training.) to support the efforts of
the Next Generation Venture Fund , a collaboration with Duke
University to support academic enrichment, mentoring and
distance learning programs for young people from
underrepresented and underserved backgrounds .C.Y.) to continue an ongoing independent
evaluation of Foundation programs.

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) to build and implement a business model and
organizational infrastructure to support the rapid growth of
the university's New Teacher Center, a national leader in
developing and disseminating information about effective
teacher induction and in helping schools retain new teachers .

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Verizon Wireless has distributed nearly
$2 million in HopeLine cash grants to local domestic violence prevention and
awareness programs across the country. Find more information on the Web
at http: //www.com/multimedia.

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) to support the efforts of the Next Generation
Venture Fund, a collaboration with Johns Hopkins University to
support academic enrichment, mentoring and distance learning
programs for young people from underrepresented and
underserved backgrounds.

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Help The Environment -- Rid yourself of some clutter by gathering up any
old wireless phones collecting dust in junk drawers and closets and look for
ways to put them to good use and keep them out of landfills . Through
HopeLine's recycling efforts, more than 200 tons of electronics waste and
batteries have been kept out of landfills. It achieves this mission through a combination of
strategic partnerships , grants, loans, private sector investments, and
the deployment of professional talent from Goldman Sachs.

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With every
project, it is important to have a checklist, and HopeLine, Verizon Wireless'
corporate philanthropy program, offers consumers reasons to place wireless
phone recycling at the top of their list this year.
Verizon Wireless is a recognized corporate leader for its commitment to
preventing domestic violence and raising awareness of the issue.J.

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J.

About Verizon Wireless
Verizon Wireless owns and operates the nation's most reliable wireless
network, serving 51.3 million voice and data customers. Collectively they
represent our commitment to preparing leaders of tomorrow and the
teachers who will help guide them to success. The Foundation will leverage a network of volunteers who
will serve as mentors, teachers, advisory board members, and
presenters on such topics as entrepreneurship, business planning, and
leadership.

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, As flowers bloom and the snow
melts, consumers gear up for the yearly spring cleaning ritual.

Philanthropy Writers /Business Editors/Education Editors

NEW YORK----The Goldman Sachs
Foundation today announced $1.

$220,000 to the Duke University Talent Identification Program
(Durham, N.) to provide ongoing support for the Junior
Achievement/Goldman Sachs Foundation Personal Finance Program,
available through public and in-school websites.

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The Verizon Wireless Cell Phone Battery
Recycling program is an easy way for customers to join with Verizon Wireless
to help conserve the earth's natural resources and prevent spent batteries
from entering community landfills.

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7 million in grants to outstanding
educational organizations to support innovative youth development,
business education, and teacher development programs.

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Include the Batteries Too -- Verizon Wireless also collects spent
rechargeable batteries for recycling.

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com.


"
With selected grants, the Foundation will combine a contribution
of financial and intellectual capital in the form of Goldman Sachs
professional expertise through its distinctive brand of "venture
philanthropy" - the practice of high-engagement grant making that
accesses the core competencies of Goldman Sachs to enrich grantee
programs. The Next
Generation Venture Fund was launched in 2004 with the backing
of The Goldman Sachs Foundation and has since drawn support
from a number of other corporate and foundation supporters,
including Booz Allen Hamilton, Conexant Systems, Delphi ,
General Mills, Hewlett Packard, Time Warner, Carnegie
Corporation of New York , The Hauser Foundation, the Kellogg
Foundation and the Tiger Woods Foundation.

About The Goldman Sachs Foundation

The Goldman Sachs Foundation is a global philanthropic
organization funded by The Goldman Sachs Group, Inc.

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$120,000 to Junior Achievement Worldwide (JA) (Colorado
Springs, Colo.

The Foundation has also made a grant to the Education Testing
Service (Princeton, N.

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Spring Cleaning? Check Wireless Phone Recycling Off Your List

Verizon Wireless provides phones to
victims complete with airtime minutes and other features such as voicemail
that can play an important role as survivors rebuild their lives, or donates
the money from the sale of the phones to fund non-profit agencies.5 million phones to HopeLine and more than
500,000 phones have been recycled. For more information on Verizon
Wireless' HopeLine program or for instructions on donating a wireless phone,
visit http://www. To preview and request broadcast-quality
video footage and high-resolution stills of Verizon Wireless operations, log
on to the Verizon Wireless Multimedia Library at
http://www.

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Your Old Wireless Phones Are Collecting Dust -- Wireless phones are one of
the hottest accessories for consumers today -- there are currently more than
206 million wireless phone subscribers in the United States.
Give Back To The Community -- In addition to helping to protect the
environment, donating wireless phones can provide a lifeline to people in
need.verizonwireless. Funded in
1999, the Foundation has awarded grants in excess of $62 million since
its inception, providing opportunities for young people in more than
20 countries.

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recycles virtuala

In 2005, nearly 150,000 pounds of
batteries were recycled through the HopeLine and Charge Up to Recycle!
programs.

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The grants announced today include:

$575,000 to the Center for Talented Youth at Johns Hopkins
University (CTY) (Baltimore, Md.

$300,000 to the National Council on Economic Education (NCEE)
(New York, N.

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With trends
changing by the minute , the "must have" cell phone changes almost every day
and old wireless phones often get replaced by newer models.verizonwireless. A number of private
individual investors have also invested in the Fund.

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Verizon Wireless' HopeLine(R) Program Helps People Make a Difference While
Cleaning Out the Closets and Drawers

BEDMINSTER, N. HopeLine
collects no -longer-used wireless phones from any service provider and then
refurbishes or recycles them in an environmentally safe way. The phones and accessories HopeLine collects ultimately benefit domestic
violence survivors across the country. Since 2001,
consumers have donated more than 2. Headquartered in
Bedminster , NJ, Verizon Wireless is a joint venture of Verizon Communications
(NYSE: VZand LSE: VOD).

The Goldman Sachs Foundation Announces $1.7 Million in Grants to Education Programs

) to conduct the 2005-06 NCEE/Goldman Sachs
Foundation National Economics Challenge, a nationwide
competition that educates high school students about core
economic concepts and stimulates broader interest in economics
using a "quiz bowl" competition format.

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These are sites of organizations dealing with technology for the purpose of human welfare.

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$300,000 to the University of California at Santa Cruz (Santa
Cruz, Calif. The Foundation's
mission is to promote excellence and innovation in education and to
improve the academic performance and lifelong productivity of young
people worldwide.

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