WHO: Cadence Design Systems, Inc. (NASDAQ : CDNS) is the world's leading electronic design automation company. WHAT: Cadence is seeking funding proposals from Silicon Valley nonprofit organizations to be the beneficiary of its 2009 Stars & Strikes® fundraising event. Underwritten by Cadence, the Stars & Strikes fundraiser and bowling competition is its flagship corporate philanthropy event, bringing together local companies to raise funds for selected Silicon Valley charities. Projects that will be considered are primarily those that improve or increase the nonprofit organization's ability to provide services and are expected to have a lasting impact on those served, as well as benefiting the overall community. Since the amount raised will exceed $1,000,000, Cadence looks for lead or capstone contribution opportunities. Leveraged or matched funding resulting from the Stars & Strikes contribution is highly desirable. WHERE: Submit proposals* to Kathy Wheeler at Email Contact or mail to her attention at Cadence Design Systems, Inc., 2655 Seely Ave., Building 5, San Jose, CA 95134. WHEN: Deadline for proposals is 5 p.m. Friday, Oct. 17, 2008
About the Stars & Strikes Fundraising Event
The 2008 Stars & Strikes fundraiser resulted in over $1 million for the May Institute, enabling them to open a pediatric specialty center for children with autism and other developmental disabilities. Since the fundraising event began in 1990, Cadence Stars & Strikes has raised more than $11 million for local community organizations. Past beneficiaries include Women's Initiative for Self-Employment, Fisher House at Palo Alto VA Hospital, San Jose Conservation Corps, InnVision the Way Home, Resource Area for Teachers, The Bill Wilson Center and Children's Discovery Museum.
*Details concerning requirements for Stars & Strikes RFP can be found at www.cadence.com.
For information contact: Nancy Szymanski Cadence Design Systems, Inc. 415-420-5008 mobile Email Contact