"Corona Cares" Initiatives Garner Largest Single Donation to Date
CHICAGO, IL, Sept. 2, 2015 - Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, recently presented a check in the amount of $1,000,000 to The V Foundation for Cancer Research, representing the largest single contribution ever made by Constellation to the organization.
The V Foundation is one of the leading cancer research funding organizations in the nation, and Constellation Brands' beer division has been a proud partner since 2010. This year's donation reflects the most ambitious and successful "Your Corona Gets Us Closer to a Cure" retail initiative since the partnership was formed. Since 2010, Constellation has raised more than $3 million for research, and provided over $7 million in total support to help make a significant impact in the fight against cancer.
Our record donation was made possible by several initiatives spearheaded by Constellation Brands, including retail promotions, off-premise programming and direct contributions tied to Corona Extra and Corona Light sales, in addition to charitable golf tournaments and other employee events.
Constellation Brands' Senior Vice President of Corporate Affairs, Jim Ryan (attached photo, second from left), and Howard Young (third from left), President of General Wholesale Beer Company in Atlanta, Ga., presented a check in the amount of $1,000,000 to members of the board of directors from The V Foundation for Cancer Research. Featured in the photo are Chief Executive Officer of The V Foundation, Susan Braun (third from right), and Mike Krzyzewski (second from right), head coach of the Duke Blue Devils men's basketball team and close friend of the late Jim Valvano.
"At Constellation, we're extremely proud of our relationship with The V Foundation and what we have accomplished with our distributor and retail partners in supporting cancer research," said Ryan. "But we know there is more work to do. We're committed to doing our part to help find a cure for cancer and ensure a better future for generations to come."
All proceeds from Constellation Brands, its distributor network, retailers, and other business partners will benefit The V Foundation, founded by collegiate basketball coach Jim Valvano and ESPN. The V Foundation remains a longtime partner of Constellation Brands and Corona Extra, the top-selling imported beer brand in the U.S.
About Constellation Brands Beer Division
Constellation Brands beer division is the exclusive brewer, marketer and supplier of a growing portfolio of high-end, iconic, imported beer brands for the U.S. market. The company's portfolio includes Corona Extra (the #1 imported beer in the U.S.), Corona Light (the #1 imported light beer in the U.S.), Modelo Especial (the #2 imported beer in the U.S.), Negra Modelo, Pacifico and Victoria beer brands. For more information, visit www.cbrands.com.
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