STARBUCKS – Starbucks will donate a minimum of $100,000 of the annual profits generated by one of its Crenshaw District stores to the Los Angeles Urban League as part of a new partnership announced today to promote community development.

A similar arrangement has been worked out with New York’s nonprofit Abyssinian Development Corp., whose $100,000 will come out of profits generated by a Starbucks in Harlem, the company said.

Both organizations will use the Starbucks money to “advance innovative
solutions in underserved areas,” a Starbucks statement said.

“Starbucks will donate a minimum of $100,000 to each organization for the first year of the partnership as it assesses the success of the program and gathers learning in hopes of creating a new type of corporate engagement in communities, potentially providing a model for other companies to consider emulating,” the statement said.

Starbucks President, Chairman and CEO Howard Schultz said his company was “partnering with two organizations doing heroic work to address the economic, social and education challenges in their communities.

“These two partnerships are intended to help us learn how our company can successfully join with change-making community organizations in a localized, coordinated and replicable way,” he said.

Los Angeles Mayor Antonio Villaraigosa congratulated Starbucks, saying
the new partnerships would “infuse more vital resources into our urban