Best Buy Establishes Tribal College Scholarship Program with $15,000 Gift

April 15, 2011

Best Buy donated $15,000 to the American Indian College Fund to provide scholarships to Native women studying science, technology, math or engineering at one of the nation’s 33 accredited tribal colleges and universities as part of its Best Buy Tribal College Scholarship Program.

The scholarship is part of Best Buy’s commitment to diversity and inclusion to increase the presence of underrepresented groups in the STEM fields.

Richard B. Williams, President and CEO of the American Indian College Fund, said, “We are delighted that Best Buy is committed to the advancement of Native women in the science, technology, and math fields. Our nation needs graduates in these technical fields to remain competitive, and Best Buy is ensuring that Native women take their rightful place in that role. These scholarships will provide hope for Native women seeking to earn a college degree in these highly competitive fields and help them serve as role models in their families and communities.”

About Best Buy Co., Inc.
With operations in the United States, Canada, Europe, China and Mexico, Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy family of brands and partnerships collectively generates more than $50 billion in annual revenue and includes brands such as Best Buy, Audiovisions, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Napster, Pacific Sales, and The Phone House. Approximately 180,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and Web sites, in-home solutions, product delivery and activities in our communities. Community partnership is central to the way Best Buy does business. In fiscal 2011, the company donated approximately $25 million to improve the vitality of the communities where its employees and customers live and work. For more information about Best Buy, visit www.bestbuy.com.