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$1 million Phelps Dodge gift boosts Una Promesa program

September 11, 2006

Hundreds of Hispanic students will be able to attend ASU for years to come, thanks to a $1 million gift from Phelps Dodge Corp.

Phelps Dodge made the gift to the Una Promesa Para el Futuro campaign, launched in 2005 by ASU, the ASU Foundation and local Hispanic community organizations to raise scholarship funds for under-represented students at the university.

The gift is the largest ever to ASU that will provide scholarship support to under-represented students across the university. It brings the total funds raised to about 80 percent of the initial endowment goal of $3 million.

More than 150 students are receiving scholarship support as a result of the program.

“With these funds, we hope to open doors for young Latinos who wish to pursue the dream of higher education to achieve their career goals,” says U.S. Rep Ed Pastor, an honorary co-chair of the Una Promesa campaign. “I am grateful to Phelps Dodge for this historic contribution to Una Promesa. It will benefit the lives of many young people pursuing a college education.”

The campaign has been renamed the Phelps Dodge Una Promesa Community Scholars Program.

“The generosity of Phelps Dodge and Una Promesa partners in creating this scholarship fund will advance the

university’s objective of offering an excellent education to Hispanic citizens in Arizona,” says ASU President Michael Crow. ”I want to thank Congressman Ed Pastor, Steve Whisler (Phelps Dodge chairman and chief executive officer) and everyone else who helped make this wonderful gift happen.”

Hispanic community partners of the Una Promesa campaign include:

• Cesar Chavez Leadership Institute.

• Chicano Faculty and Staff Association.

• Chicanos por la Causa.

• Hispanic Business Alumni.

• Hispanic Women’s Corp.

• Los Abogados.

• Los Diablos.

Una Promesa community partners determine who receives scholarships and provide mentorship and support services.

Adriana Sanchez,