Wachovia Community News

Wachovia Championship: Lee Patterson
(704) 553-4790

Luquire George Andrews: Emily Powell
(704) 552-6565

October 13, 2005
CHARLOTTE'S 2005 PGA TOUR EVENT RAISES $1,000,000 FOR TEACH FOR AMERICA
Total Contributions Grow to $4.2 Million in First Three Years

CHARLOTTE, N.C., October 13, 2005 – The 2005 Wachovia Championship, featuring an exciting playoff and victory by Vijay Singh, today announced a $1 million donation to its primary charitable beneficiary, Teach For America.

Teach For America is the national corps of outstanding recent college graduates of all academic majors who commit two years to teach in rural and urban public schools in low-income communities, and become lifelong leaders for expanding opportunity for all children.

This marks the third straight year the Wachovia Championship has donated $1 million to Teach For America. Over three short years of existence, the Wachovia Championship has donated nearly $4.2 million to Teach for America and other charities.

“We’re thrilled to continue our support for Teach For America, an organization that is working to ensure that all children receive quality educations,” said Tournament Chairman Mac Everett. “At the end of the day, helping our communities is what the Wachovia Championship is really all about.”

Today, nearly 3,600 Teach For America corps members are reaching more than a quarter of a million students in 22 urban and rural regions nationwide, while more than 10,000 alumni are working in education, policy, law, medicine and other sectors to effect the broader changes needed to bring about educational equity in our country.

“Once again, the Wachovia Championship has shown its commitment to ensuring all children have access to a quality education,” said Wendy Kopp, founder and president of Teach For America. “Because of this commitment, we are able to expand the recruiting, training and support for our corps members who are teaching in low-income communities across the country. We are extremely grateful for this ongoing support.”

“The PGA TOUR is currently on pace to reach a $1 billion milestone since tournaments first started donating to charity in 1938,” said Kym Hougham, Wachovia Championship tournament director. “For us to be able to contribute our share, we thank Wachovia. We also are grateful to our volunteers, corporate participants and all those individuals and organizations who have donated their time, services and monetary contributions in various capacities.”

About the Wachovia Championship
The Wachovia Championship is one of the largest, most prestigious sporting events in the Charlotte region. Now leading up to its fourth year, the tournament is intended as an annual tradition that will bring customers, players and patrons back each year for an unforgettable golf experience. In a short three years, the national and international golf community has already recognized it as one of the top events on the PGA TOUR. The 2006 tournament will be held May 1-7. Sponsored by Wachovia Corporation (NYSE:WB), the tournament’s $6.0 million purse is one of the largest on the PGA TOUR. A combination of Quail Hollow Club, the spirit of the Charlotte area community and the support of Wachovia are several reasons the Wachovia Championship has and should continue to draw many of the world’s top golfers to Charlotte.
For more information, visit the tournament website, www.wachoviachampionship.com.

About Wachovia
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Wachovia had assets of $511.8 billion, market capitalization of $78.2 billion and stockholders’ equity of $47.9 billion at June 30, 2005. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve 13 million household and business relationships primarily through 3,126 offices in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, also serves clients through 699 offices in 49 states and five Latin American countries. The Corporate and Investment Bank serves clients primarily in 10 key industry sectors nationwide. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through Wachovia.com.

Editor’s Note: For the tournament logo or course maps in JPG, EPS or PDF format, please refer to www.wachoviachampionship.com.

Adobe Acrobat documents require Adobe Acrobat Reader. If you don't already have this software installed, you can download it for free from Adobe's Web site. Get Acrobat Reader now.

Contact Us
Community Relations
communityaffairs@wachovia.com

Community News

Navigation

About Wachovia Section Navigation

Main Sections of the Site

Search