Boeing

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United Negro College Fund Honors Boeing Chairman and CEO Phil Condit with Frederick D. Patterson Award

The United Negro College Fund (UNCF) presented Boeing Chairman and CEO Phil Condit with its annual Frederick D. Patterson award yesterday in Los Angeles. He was recognized with the prestigious award for his strong, long-term commitment to education.

During his acceptance speech, Condit announced a Boeing contribution totaling $1 million over a period of five years to the UNCF. The assistance organization will use the donation to benefit its member colleges and universities.

A proponent of lifelong learning, Condit often meets with students and teachers, and has implemented a unique program to encourage and reward Boeing people who pursue learning throughout their careers. Called the Learning Together program, it provides an opportunity for employees to pursue education at accredited colleges, universities or trade schools. The company pays for tuition and expenses, without restrictions on the types of courses the company will fund. If a college degree is earned, Boeing stock is awarded.

Boeing contributes the largest portion of its charitable contributions to education. In 1998, the company gave more than $19 million to support education at all levels across the United States and in other countries where Boeing operates. The company has a long tradition of contributing to minority education. In 1998, historically black colleges Prairie View A&M and Alabama A&M named Boeing company of the year.

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For further information:
Amanda Landers
(206) 655-6123