ChevronTexaco Donates $1 Million to Yosemite Falls Restoration Project
The Yosemite Fund Honors ChevronTexaco With Corporate Partners Award
SAN FRANCISCO, Aug 30, 2002 -- ChevronTexaco
(NYSE: CVX) today furthered its commitment to Yosemite National Park by making a
$1 million donation to The Yosemite Fund to help restore and enhance the
approach to Yosemite Falls.
The $1 million donation is for The Yosemite Fund's Campaign for Yosemite Falls,
a two-year, $12.5 million project to restore natural habitat and improve the
visitor experience in the 56-acre area leading up to Lower Yosemite Fall. Every
year, one quarter of Yosemite's four million visitors use the area to view North
America's highest waterfalls. The project will remove a large parking lot and
replace it with a more natural setting, protect stream banks, improve viewing
areas, footbridges and trails, add educational, directional signage, and
"ChevronTexaco is passionate about preserving our natural resources and
protecting the environment," said David J. O'Reilly, chairman and CEO of
ChevronTexaco Corp. "This is reflected in our long-term commitment to Yosemite
National Park through donations and dedicated volunteers. We value partnership
and are proud to continue our relationship with The Yosemite Fund and the
National Park Service."
At a ceremony at its corporate headquarters, ChevronTexaco also received The
Yosemite Fund's inaugural Corporate Partners Award, for its commitment to
preserving and protecting Yosemite National Park.
"The Corporate Partners Award honors ChevronTexaco's dedication to protecting a
national treasure and the spirited achievements of its many volunteers," said
Sam Livermore, chairman of The Yosemite Fund.
ChevronTexaco is the single largest corporate donor to The Yosemite Fund. Since
1990, ChevronTexaco has contributed $2 million and nearly 35,000 hours of
volunteer time by 3,500 employees who have restored the equivalent of 60 acres
in Yosemite Valley. Under the direction of the National Park Service, company
volunteers will also be able to help with the Yosemite Falls restoration
"Yosemite National Park and its visitors benefit from the park's partnership
with ChevronTexaco and The Yosemite Fund. Millions of park visitors, for years
to come, will experience a more natural Yosemite due to the efforts of
ChevronTexaco and its employees," said David A. Mihalic, superintendent of
Yosemite National Park.
ChevronTexaco volunteers have helped to restore black oak woodlands, Cook's
Meadow and the area around Mirror Lake, planting 100 trees, digging up 300 tons
of asphalt, ousting invading non-native plants, digging post holes for
protective fencing, landscaping damaged areas and restoring shoreline. The
company also has made contributions to the restoration of Stoneman Meadow, fire
restoration programs, the 1997 flood recovery fund, Porcupine Flat Campground
restoration and Great Grey Owl research.
About The Yosemite Fund
The Yosemite Fund is independent, private nonprofit foundation devoted to
protecting, preserving and restoring Yosemite National Park. The Fund has raised
more than $18 million for Park wilderness, wildlife and cultural preservation
projects. To donate to the Campaign for Yosemite Falls, please call The Yosemite
Fund at 415-434-1782 or visit the web site at www.yosemitefund.org.