SAN JOSE, CA -- NVIDIA today announced that it will provide $250,000 this holiday season to two local non-profits instead of hosting a holiday party, continuing a 10-year company tradition.
Under the NVIDIA® program known as Project Inspire, more than 1,000 NVIDIA employees and community volunteers will gather at History Park in San Jose, on Saturday, Dec. 11 to achieve the following:
- Build an Urban Garden: Improve the health of the local community by developing a large garden plot and working with local partners to support the neighborhood in its pursuit of a healthy lifestyle
- Assemble a Large Working Greenhouse: Create a hands-on education facility in which a love of science can be fostered among the several thousand youth expected to visit each year
- Create Square-Foot Gardens: Build 1,000 1 ft. x 1 ft. garden boxes so local youth can grow produce at home or school
- Reinvigorate History Park: Repair various buildings through carpentry and painting, improve the grounds and add decorative murals
The NVIDIA contributions through Project Inspire will help advance the concept of healthy living within the San Jose Rock Springs community, in addition to introducing hundreds of youngsters to exciting hands-on science projects in the greenhouse facility. Additionally, the renovation of History Park will enhance the presence of this landmark site, making it an even more enticing destination.
"Using holiday party funds to support underserved communities is a longstanding tradition at NVIDIA," said Jen-Hsun Huang, chief executive officer, NVIDIA. "Project Inspire is a testament to the NVIDIA culture and to the passion of our employees who put the needs of the community ahead of their own."
The Project Inspire 2010 beneficiaries are:
- Schmahl Science Workshops, which conducts science programs with youth at the History Park site, as well as throughout the San Francisco Bay Areas and Silicon Valley. Schmahl will be given a grant to provide ongoing support for the urban garden through The Health Trust and Silicon Valley HealthCorps, an AmeriCorps program
- History San Jose, an organization that works toward preserving and sharing regional history by engaging diverse audiences in Santa Clara county
"NVIDIA's development of an urban garden and greenhouse facility will be an important contribution to the Rock Springs neighborhood," said Belinda Schmahl, executive director, Schmahl Science Workshops. "The garden will enhance the health of the neighborhood, and the greenhouse will become a destination where youth can improve their science skills through hands-on experiments."
"History San Jose at History Park collects, preserves and celebrates the stories of diversity and innovation in San Jose and the Santa Clara Valley," said Alida Bray, president and chief executive officer of History San Jose. "NVIDIA's rejuvenation of History Park will be truly transformational for the community and the thousands of visitors we serve each year."
Project Inspire Facts:
- Project Inspire has contributed over $1.3 million in direct grants and volunteer hours to Silicon Valley communities
- The event features over 1,000 employee and community members participating in a single day of service
- NVIDIA has partnered with City Year (www.cityyear.org/sanjose) for the second year to execute the daylong event. City Year will oversee the logistics of all projects and will engage local youth to serve as project leaders on Dec. 11
- To learn more about Project Inspire, please visit http://www.nvidia.com/content/project_inspire/project_inspire10.html
NVIDIA (NASDAQ: NVDA) awakened the world to the power of computer graphics when it invented the GPU in 1999. Since then, it has consistently set new standards in visual computing with breathtaking, interactive graphics available on devices ranging from tablets and portable media players to notebooks and workstations. NVIDIA's expertise in programmable GPUs has led to breakthroughs in parallel processing which make supercomputing inexpensive and widely accessible. The company holds more than 1,600 U.S. patents, including ones covering designs and insights which are essential to modern computing. For more information, see www.nvidia.com.
Certain statements in this press release including, but not limited to statements as to: the achievements and impact of Project Inspire; and the effects of the company's patents on modern computing are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: a failure of Project Inspire to create the intended results; global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of faster or more efficient technology; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission, or SEC, including its Form 10-Q for the fiscal period ended August 1, 2010. Copies of reports filed with the SEC are posted on the company's website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
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