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History of the Caesars Foundation

The Caesars Entertainment Foundation was formed in November of 2001 to direct and energize the company's U.S. philanthropic activities. The Foundation focuses on the specific needs of the many communities in the six states in which Caesars Entertainment operates casino resorts: Delaware, Indiana, Louisiana, Mississippi, Nevada, and New Jersey.

The Foundation supports 501(c)(3) organizations that provide services in four areas: Economic Development, Education, Families in Crisis, and Job and Life Skills Training. The Foundation also serves as a catalyst to generate additional assistance to deserving programs for youth and our neighbors in need. In 2001, Caesars Entertainment and the employees of its 19 domestic properties contributed more than $19 million to philanthropic and civic causes.

"The Foundation will work with each of our properties and community leaders to develop ongoing programs that will continue to give back to our communities, year in and year out," said Wallace R. Barr, president and chief executive officer of Caesars Entertainment, Inc.

In Las Vegas, for example, Caesars Entertainment and other casino and resort operators have long supported a widely acclaimed program that provides disadvantaged young people with free job training for positions in the casino, resort, and hospitality industry.

In Mississippi, Caesars Entertainment properties created the "Adopt a Town" program, which provides job training, life skills training and job transportation to unemployed and under-employed people.

And in Atlantic City, Caesars Entertainment has been a leader in working with local Boys and Girls Clubs to develop facilities and programs intended to help local youngsters stay in school and develop the skills they need to move into successful careers.

The Foundation offers employees the opportunity to participate with Caesars Entertainment in making a difference through Foundation-sponsored charitable activities and events. Caesars Entertainment will contribute directly to the Foundation and also will match employee contributions for specific funding priorities.

The Caesars Entertainment Foundation is administered by a board of directors and works closely with executives at each Caesars Entertainment casino resort to ensure that donations and programs are tailored to meet the needs of each Caesars Entertainment community.



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