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Valero Texas Open Raises Record $9 Million for Charity

April 14, 2011

SAN ANTONIO, Texas—The Valero Texas Open, long known for its charitable giving, has done it again.

The Valero Texas Open and Benefit for Children Golf Classic together raised $9 million for children’s charities. Tournament organizers, with Valero Energy Corporation and Golf San Antonio, said they were especially pleased that they were able to raise an unprecedented amount for children’s charities because needs have increased due to budget cuts and lingering economic difficulties. Thursday's announcement came at the headquarters of Valero, the tournament's title sponsor since 2002.

Funds are raised through sponsorships sold during the Valero Texas Open—which takes place Thursday through Sunday this week—and the Valero Benefit for Children Golf Classic, a golf tournament in which a record 2,200 participants will play April 18 at 11 of San Antonio’s premier golf courses. Employees in locations where Valero has operations choose worthy children’s charities to receive the funds. Though its history, the Texas Open has raised $67 million for charities, $62.5 million of that since Valero became the tournament’s title sponsor.

“Raising this money for children’s charities wouldn’t have been possible without the generosity of our sponsors and business partners, who have been very supportive over the years,” said Valero executive vice president and general counsel Kim Bowers, who is heading up Valero’s efforts in this year’s tournament. “And of course, the tournament itself couldn’t take place without the efforts of the thousands of volunteers who devote their time to making sure everything goes as planned.”

Golf San Antonio, which organizes the Valero Texas Open, raises charitable dollars through its pro-am golf tournaments, the Birdies for Charity program in which nonprofit organizations solicit pledges for every birdie made during tournament week, and the Chip In for Schools program, which allows schools to sell discounted tournament tickets and keep all the proceeds.

“At a time when the needs in San Antonio and other communities are increasing, the charitable mission of the Valero Texas Open has special significance,” said Tony Piazzi, president and CEO of Golf San Antonio. “We are grateful for the incredible support that our partner, Valero Energy Corporation, provides to the tournament and our community. And we are thrilled to be taking a leadership role among the many fine events that make up the PGA TOUR family.”


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