When people gain access to markets, ideas and other people around the world, their opportunity for advancement increases. Education is key to unlocking potential in people and will help elevate their quality of life. FedEx works with Junior Achievement Worldwide® and Teach For America to provide all students with high quality educational experiences, allowing them to succeed in the global economy. We have also committed to providing minority students access to scholarship funds they need to obtain a higher education.

FedEx recently expanded their support for the UNCF by awarding five four-year scholarships each year, beginning in the fall of 2009. These scholarships will enable students attending historically black colleges and universities to gain the education and tools they need to succeed and reach their goals.

FedEx also supports the Hispanic Scholarship Fund, the Asian and Pacific Islander American Scholarship Fund, the Little Rock Nine Scholarship Fund, the National Hispanic Corporate Achievers Scholarship and endowed scholarships at Jackson State University and Tennessee State University.

The FedEx Corporation has also been instrumental in our support of Teach For America’s goal to diversify their corps, reaching 33% people of color by 2010. Teach For America is a corps of top college graduates who commit two years to teach in urban and rural public schools and become lifelong leaders in ensuring educational equity. By 2010, Teach For America aims to place 7,500 teachers in 33 regions across the U.S. The growth plan also calls for people from diverse backgrounds to comprise 33 percent of the corps by 2010, up from 29 percent currently.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $39 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 290,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.