Stanford St. Jude Championship presents $1.76 million donation to St. Jude

2007 donation is largest from the Memphis PGA Tour stop; Vijay Singh donates $50,000 to Eagles for St. Jude

Memphis, TN (November 15, 2007) – Stanford Financial Group Chairman and CEO Sir Allen Stanford and World Golf Hall of Fame member Vijay Singh joined Tony Thomas from St. Jude and Laurie Tucker, Senior Vice President of Corporate Marketing with FedEx, to present a check for $1.76 million from the inaugural Stanford St. Jude Championship. The donation from the 2007 event held this past June is the largest contribution in the 34 years that St. Jude has been the exclusive benefiting charity for the Memphis PGA TOUR event.  

“On behalf of the entire global Stanford Financial Group of companies, let me say how honored we are to present this check to St. Jude Children’s Research Hospital,” said Sir Allen Stanford. “This tournament is the flagship event for Stanford’s global relationship with St. Jude, and we look forward to continuing to work together to raise funds and awareness for the battle against childhood cancer. We were very pleased with the success of this year’s tournament – our first as title sponsor. And to be able to present the largest donation in the history of this event is a true honor for me. St. Jude – and these incredible kids – is the reason we are involved, and I’m delighted that we can do our part to help St. Jude work its miracles,” he said. 

“With our donation today and as we have for the last 22 years, FedEx has supported the incredibly important work being done at St. Jude Children’s Research Hospital,” said Tucker. “We remain strongly committed to this great organization through our continued involvement with the Stanford St. Jude Championship, and we look forward to carrying on our charitable giving on a national level through the many opportunities with our sponsorship of the FedExCup.”

The increased donation is primarily the result of funds raised through a unique program developed by Stanford Financial that provides a season-long fundraising component to the Stanford St. Jude Championship. As part of its commitment to extend the fundraising efforts beyond the week of the tournament, Stanford Financial created the Eagles for St. Jude program. With this program, Stanford is donating $1,000 for every Eagle carded on the PGA TOUR, and individuals can make donations through www.eaglesforstjude.com. Vijay Singh also joined in to support Eagles for St. Jude. He has been named the PGA TOUR Ambassador for the program and today made a personal contribution, presenting a check for $50,000.  

“Obviously, I have my own motivation to make as many eagles as possible – but with the Eagles for St. Jude program there’s an even greater reward when I do so. Eagles for St. Jude allows me to share that good feeling that I have on the golf course and turn it into something truly lasting and meaningful off the golf course. I feel like my accomplishments help St. Jude accomplish its mission to find cures for these special children.”

“We are grateful to Stanford Financial Group and FedEx for their commitment to make this event even more successful than in year’s past. To see a professional like Vijay Singh get behind our event and support it with both his time and his money is very gratifying. We see the Stanford St. Jude Championship only growing, and we know that’s because of the sincere and long-term commitment by these incredible partners,” said Tony Thomas, who serves on the St. Jude Board of Governors and is the son of St. Jude founder Danny Thomas.

The inaugural Stanford St. Jude Championship, which was held June 7 – 10, 2007 at TPC Southwind, was won by Woody Austin (-13). Stanford Financial Group took over the title sponsorship position of the tournament in 2007 and long-time sponsor FedEx remains in place as presenting sponsor of the tournament.
 
The 2008 Stanford St. Jude Championship will be held June 2 – 8 at TPC Southwind. For more information, please visit the tournament Web site: www.stanfordstjude.com.
 
St. Jude Children's Research Hospital
St. Jude Children's Research Hospital is internationally recognized for its pioneering work in finding cures and saving children with cancer and other catastrophic diseases. Founded by the late entertainer Danny Thomas and based in Memphis, Tennessee, St. Jude freely shares its discoveries with scientific and medical communities around the world. No family ever pays for treatments not covered by insurance, and families without insurance are never asked to pay. St. Jude is financially supported by ALSAC, its fundraising organization. For more information, please visit www.stjude.org.
 
Stanford Financial Group
Stanford Financial Group is a privately held, wholly owned global network of financial services companies led by Chairman and CEO Sir Allen Stanford and founded by his grandfather, Lodis B. Stanford in 1932. Stanford's core businesses are private wealth management and investment banking for institutions and emerging growth companies. Stanford provides private and institutional investors with global expertise in asset allocation strategies, investment advisory services, equity research, international private banking and trust administration, commercial banking, investment banking, merchant banking, institutional sales and trading, real estate investment and insurance. Stanford serves clients from 136 countries on six continents. Securities products and services in the United States are offered through Stanford Group Company, member FINRA/SIPC. More information on the company can be found at www.stanfordfinancial.com
 
About FedEx
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $36 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 280,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit http://news.fedex.com.