CMCSA Comcast Corporation Class A

Hundreds of ‘Welcome Home’ Kits to Be Assembled for Families as Part of Comcast Cares Day 2017

On Saturday, April 22, nearly 2,000 local Comcast NBCUniversal employees, family members, friends and community partners will “Make Change Happen” while volunteering at 14 individual project sites in the Twin Cities as part of the 16th annual Comcast Cares Day.

This year, Comcast Twin Cities is focusing on projects that will help meet the need for stable, affordable housing for families and individuals in transition. This includes Comcast’s on-going commitment to the region’s military community at projects designed to assist veterans and their families experiencing challenges with disabilities.

More than 300 Comcast employees will partner with Greater Twin Cities United Way at the Dairy Building on the State Fairgrounds to assemble Welcome Home kits for individuals and families moving into their first home. The kits will include blankets, cleaning supplies, kitchen and bath supplies, and more. Other projects in the Twin Cities include:

  • Journey Home (Vadnais Heights)
    • 100 volunteers will clean, paint and organize single family-homes for veterans facing physical and financial challenges.
  • St. David’s Child Development & Family Services (Minnetonka)
    • 75 volunteers will tackle several indoor and outdoor maintenance projects.
  • Bridging (Oakdale)
    • 150 employees will build household dressers for those transitioning out of homelessness and poverty.
  • American Cancer Society – Hope Lodge (Minneapolis)
    • 100 volunteers will assist with planting, mulching, interior painting and more.
  • Pillsbury United Communities (Minneapolis)
    • 100 volunteers will work on a variety of projects including cleaning, painting, organizing, and landscaping.
  • Second Harvest Heartland (Golden Valley)
    • 75 volunteers will sort and re-pack food that will be distributed to area food pantries, soup kitchens, shelters, after-school programs and more.

“As we celebrate our 16th annual Comcast Cares Day, we are proud to partner with a variety of community organizations to give back in the Twin Cities,” said Jeff Freyer, Comcast regional vice president. “It’s truly amazing what’s possible when 2,000 volunteers donate their time to make a difference in the lives of others. I am thankful for our volunteers and the opportunity to bring attention to the issue of safe, affordable housing for those in need.”

“We’re proud to partner with Comcast each year on this incredible day of volunteering,” said Sarah Caruso, president and CEO of Greater Twin Cities United Way. “Comcast Cares Day embodies the true spirit of giving back to our communities and demonstrates the power of human kindness. We at United Way believe that when our community comes together, it inspires action and we can all make a difference.”

Comcast Cares Day is more than just a day – it’s the culmination of Comcast NBCUniversal’s commitment to volunteerism that began when the company was founded more than 50 years ago. From using technology to create positive change by teaching digital literacy skills, to mentoring youth, or beautifying parks, Comcast NBCUniversal employees volunteer on this day, and throughout the year, to make a lasting impact. This year, the Company expects more than 100,000 volunteers to participate in approximately 900 projects across the country and around the world. To date, volunteers have contributed nearly 5 million volunteer hours at 7,700 projects since Comcast Cares Day began in 2001.

The Comcast Foundation will also provide grants to local community partner organizations across the country on behalf of everyone who volunteers on Comcast Cares Day. The grants will help Comcast’s community partners continue their mission of serving the community throughout the year. To date, the Comcast Foundation has awarded more than $20 million in grants to local nonprofit organizations who have served as partners on Comcast Cares Day.

Additionally, Comcast will once again fold in the broad support and amplification of Global Citizen and Red Nose Day, organizations aiming to end extreme poverty globally and in the United States. These organizations use the universal language of music and entertainment as a vehicle to engage people around the world to make a difference. By amplifying our support of these initiatives on Comcast Cares Day, Comcast NBCUniversal is providing additional ways to help drive positive change in our communities.

For more information on Comcast NBCUniversal volunteer and community investment initiatives, visit www.comcast.com/community.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is one of the nation's largest video, high-speed internet and phone providers to residential customers under the XFINITY brand and also provides these services to businesses. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts. Visit www.comcastcorporation.com for more information.

About the Comcast Foundation

The Comcast Foundation was founded by Comcast Corporation in June 1999 to provide charitable support to qualified nonprofit organizations. The foundation primarily invests in programs intended to have a positive, sustainable impact on their communities. The foundation has three community investment priorities — expanding digital literacy, promoting community service and building tomorrow’s leaders. Since its inception, the Comcast Foundation has donated more than $195 million to organizations in the communities nationwide that Comcast serves. More information about the foundation and its programs is available at www.comcast.com/community.

EN
18/04/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Blair Levin
  • Blair Levin

What Policies Matter to Telco’s Success: Supply Side or Demand Side? ...

T CEO John Stankey recently said that “I’ve never seen federal policy this supportive of market-based investment in advanced networks.” That statement raises multiple interesting investor related questions about what does, and does not, support investment in advanced networks, including the relative importance of those policies that drive supply and those that drive demand, and how government is treating advanced networks versus networks that have lower cost structures but also involve lower pe...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: The value unlock trade? Nope. No major change in fundamentals

We shared our view of Comcast’s results this morning. Results were in line and commentary on the business fundamentals were mostly unchanged. In this note following the earnings call and our follow-up conversations, we address the following key investor issues including 1) the big picture value unlock theory; 2) the newly (apparently) amended VZ MVNO agreement; 3) broadband ARPU growth; 4) Connectivity EBITDA growth; 5) 2026 capital spend; 6) wireless net adds, and 7) 2026 FCF.

Vikash Harlalka
  • Vikash Harlalka

CMCSA 4Q25 Quick Take: Results mostly in line; Waiting to hear what’s ...

Comcast’s results were mostly in line with estimates. Broadband losses and ARPU were in line. On the call, we would be keen to hear about subscriber trends in 1Q. We don’t expect any major changes to the stock price based on these results. What will drive the stock today is commentary on 1Q broadband trends and potential ‘value unlock’ from an NBCU spin.

Blair Levin
  • Blair Levin

Can CMCSA Buy CHTR After the Cox Deal is Done?

With the CHTR/Cox deal moving towards approval and CMCSA out of running for WBD, we are again getting questions as to whether CMCSA could buy the combined CHTR/Cox entity. Further, as our New Street colleagues discussed yesterday, there has been a divergence in the stock price performances of Comcast and Charter driven by a potential ‘value unlock’ resulting from a potential split of Comcast cable from NBCU. It is beyond the scope of our expertise to analyze the financial details that could jus...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: Potential Value Unlock?

Investors have been asking about the diverging stock price performance between Comcast and Charter. We believe the reason is an expanding conversation about the potential ‘value unlock’ that could emerge were Comcast to split its cable and NBCU businesses. In this note, we estimate what Comcast could be worth were this scenario to play out. To be clear, we are skeptical. Not that it shouldn’t happen, but rather the Roberts’ are too invested in their belief about the synergy between these entitie...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch