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Phelps Dodge Corporation
Phelps Dodge Corporation develops important natural
resources and manufactures products necessary to maintain and enhance the
standard of living for people throughout the world.
The Corporation employs 16,000 people in 26 countries.
Phelps Dodge Mining Company, the mining and metals division, is one of the world's largest producers of copper and the world's largest producer of continuous-cast copper rod.
Phelps Dodge Industries, the manufacturing division, consists of leading companies that produce engineered products for the transportation, energy and telecommunications sectors, worldwide.
Phelps Dodge has a long tradition of giving, beginning
with the company's founder, Anson Greene Phelps. Phelps pledged his life to
philanthropy in 1832, when, in the midst of a financial crisis, a Phelps Dodge
warehouse collapsed. The accident killed seven employees, including the fiancee
of Phelps' daughter. Phelps vowed that if his business and his family could
survive the tragedy, he would commit his life savings to helping others. When he
died, Anson Phelps left to charities in New York the largest donation ever made
at the time.
In the last ten years, Phelps Dodge Corporation has contributed $26 million to
non-profit organizations working in four key areas: civic activities, education,
health and welfare and culture and the arts.
Phelps Dodge was one of the first companies to actively support education. Beginning in the early 1800s, the corporation's founding family supported colleges and universities such as Princeton, helped build the first college for teachers and contributed to the establishment of the American University in Beirut.
In the last decade, Phelps Dodge Corporation has donated $7.8 million to education. Current contributions to education total $1 million annually.
The Phelps Dodge Scholarship program began in
1949. To date, the company has contributed $5.7 million to provide college and
university scholarships to more than 2,000 students. Scholarships are offered in
Arizona, Colorado, Montana, New Mexico and Texas.
In 1996, Phelps Dodge provided 34 engineering and mining scholarships at
Arizona's public universities for a total value of $122,400.
Phelps Dodge also offers the National Merit Scholarship Program for the children
of its employees. The program provides scholarships for students meeting minimum
academic requirements to attend institutions across the country. Ten Phelps
Dodge National Merit Scholars attend Arizona's public universities.
Phelps Dodge donated $150,000 over a five year period, from 1988 to 1992, to
construct a tiered classroom in the School of Business and Public Administration
in McClelland Hall at the University of Arizona.
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Arizona Board of Regents
2020 N. Central Ave., Suite 230
Phoenix, AZ 85004-4593
Telephone: (602) 229-2500 / Fax: (602) 229-2555