Anheuser-Busch, American Nicaraguan Foundation Announce Formation of Scholarship Fund

Anheuser-Busch, American Nicaraguan Foundation Announce Formation of Scholarship Fund

Anheuser-Busch Provides Inaugural Donation of $10,000 for ANF Scholarship Fund


MIAMI, Oct. 2 /PRNewswire-HISPANIC PR WIRE/ — Budweiser, sponsor of the American Nicaraguan Foundation’s (ANF) 8th annual gala on Oct. 4, will announce a $10,000 donation and the first donation to the newly formed ANF Scholarship Fund at the event. The Fund will provide higher education scholarships to students of Nicaraguan descent living in the United States and will be administered by the Hispanic Scholarship Fund, the nation’s largest Hispanic scholarship organization.

“Thanks to generous supporters like Anheuser-Busch, the ANF has been able to reach more than half a million people in Nicaragua through our education, health care and nutrition programs,” said F. Alfredo Pellas, Jr., president and co-founder, American Nicaraguan Foundation. “Anheuser-Busch is also one of the largest contributors to the Hispanic Scholarship Fund, so we’re not surprised they joined with us to form the ANF Scholarship Fund.”

Earlier this year, Budweiser and the Anheuser-Busch distributors of South Florida donated 25 cents per case for every Budweiser, Bud Light and Budweiser Select 18-pack of bottles and cans sold at Navarro stores in June. The funds supported sustainable development in Nicaragua and the efforts of more than 2,000 local organizations established by ANF. ANF’s humanitarian efforts focus on housing, education, nutrition and health programs.

Anheuser-Busch is also a sponsor of the gala itself, which raises funds to cover the foundation’s yearly operating expenses.

“We’re proud to support the American Nicaraguan Foundation in their mission to end poverty in Nicaragua, and the formation of the ANF Scholarship Fund is the next step in providing opportunities to the Nicaraguan community both here in the United States and abroad,” said Paco Bendana, director of community relations, Anheuser-Busch, and a co-chair of the event. “We hope others who care about the Latino community will join us in supporting this effort.”

Anheuser-Busch’s support of the Latino community dates back more than a century. The company supports approximately 400 community-based, local and national Latino organizations with contributions totaling more than $58 million during the past two decades. Anheuser-Busch’s efforts in the Latino community focus on values such as education, leadership development, economic empowerment, public advocacy and arts and culture. The company has the No. 1 and No. 2 beer brands in the Latino market — Bud Light and Budweiser. To learn more about these efforts, please visit .

Based in St. Louis, Anheuser-Busch is the leading American brewer, holding a 48.5 percent share of U.S. beer sales. The company brews the world’s largest-selling beers, Budweiser and Bud Light. Anheuser-Busch also owns a 50 percent share in Grupo Modelo, Mexico’s leading brewer, and a 27 percent share in China brewer Tsingtao, whose namesake beer brand is the country’s

best-selling premium beer. Anheuser-Busch ranked No. 1 among beverage companies in FORTUNE Magazine’s Most Admired U.S. and Global Companies lists in 2008. Anheuser-Busch is one of the largest theme park operators in the United States, is a major manufacturer of aluminum cans and one of the world’s largest recyclers of aluminum cans. For more information, visit .

Anheuser-Busch, American Nicaraguan Foundation Announce Formation of Scholarship Fund