Thursday, Jun 16, 1994
South San Francisco, Calif. -- June 16, 1994 --Students from South San Francisco Unified School District's ten elementary schools are going to town with employees of Genentech, Inc. as part of the second Genentech Goes to Town community relations program, June 15-22.
The program, which was first conducted in June 1993, is designed to support the downtown retail community by exposing Genentech employees to local merchants. For the second year in a row, Genentech is giving $20 worth of "GenenMoney" to each of its approximately 2,500 employees -- a total of more than $50,000. The special coupons which serve as "GenenMoney" are redeemable only at participating South San Francisco businesses.
This year, as part of its continuing efforts to support local education, Genentech is expanding the program by involving South San Francisco's elementary schools. Genentech is providing each of the city's ten elementary schools with $500 in "GenenMoney" toward the purchase of science and math supplies from South San Francisco businesses.
"Our elementary schools have a real need for science and math supplies; everything from seeds to beakers," said Dr. Richard J. Rigg, superintendent, South San Francisco Unified School District. "Through Genentech's program, we can transfer these supplies from our own town's store shelves to our classrooms -- where students will reap the benefits."
Last year's program resulted in $40,000 in "GenenMoney" being spent at more than 80 local businesses. This year, employees and students will spend approximately $55,000 on products, services and school supplies at more than 100 stores, service centers and restaurants.
"The feedback from merchants and employees about last year's program was so positive, we wanted not only to repeat the program this year, but to expand it," said G. Kirk Raab, Genentech president and chief executive officer. "By involving South San Francisco's elementary schools, we're increasing our contribution to the business community and adding more support for local education in the process."
In recognition of Genentech Goes to Town, South San Francisco Mayor Joe Fernekes is issuing a proclamation declaring June 15-22 Genentech Goes to Town Days.
"Local businesses are very excited to see this program return," said Carol Feuerstein, director, South San Francisco Chamber of Commerce. "Merchants who participated in 1993 are taking part again this year and more than 30 new merchants have signed on."
Headquartered in South San Francisco for 18 years, Genentech is a leading international biotechnology company that discovers, develops and manufactures human pharmaceuticals for significant unmet medical needs.
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