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CONTACT: PATRICIA CAIN
5Director, Corporate and Foundation Relations
UI Foundation News
500 Alumni Center
Iowa City IA 52242
(319) 335-3305
e-mail:patricia-cain@uiowa.edu

Release: Immediate

Alcoa strengthens partnership with the University of Iowa

IOWA CITY, Iowa -- Excellence in education and opportunities for students have won the University of Iowa a spot as a partner with the Aluminum Company of America (Alcoa).

Alcoa has announced plans to strengthen strategic partnerships with 33 U.S. colleges and universities (selected from the 88 colleges Alcoa was involved with a year ago), including the University of Iowa. Alcoa has had a strong relationship with some UI programs for years. This initiative will provide more opportunities to broaden Alcoa's involvement in additional UI colleges and programs.

Over the past nine years, Alcoa and its foundation have provided grants and matching gifts totaling $184,096 to the UI Foundation for various UI projects. This includes support for mechanical, electrical, and industrial engineering, as well as for Women in Science and Engineering. Alcoa regularly recruits UI engineering graduates for employment.

"This partnership will help us enhance the education we offer our students," UI President Mary Sue Coleman said. "Alcoa's support will provide opportunities that lead to our students' success in their careers. We look forward to broadening our partnership with Alcoa and strengthening and expanding our resources."

As a matching gift company, Alcoa matches the gifts made by its employees to charitable organizations.

"Over the years we have enjoyed a positive and strong relationship with UI department heads and the placement and minority recruiting offices," Alcoa vice president Tim Wilkinson said. "Key UI leaders have visited our plant. And we have had a particularly good relationship with the UI Foundation, which has been a critical resource for us. This will be a continuing and growing relationship."

Other schools selected for Alcoa partnerships include Iowa State University, the University of Wisconsin, the University of Missouri at Rolla, Stanford, MIT, and Harvard.

Alcoa's Aerospace/Commercial Rolled Products division is in Bettendorf, Iowa.

The University of Iowa Foundation is the preferred channel of support for gifts to all areas of the university. Foundation staff work with corporations, organizations, alumni, and friends to provide support for a variety of UI programs.

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