Constellation Energy Classic Raises $300,000 for Maryland-Based Charities

December 17, 2003
Golf Champions Tour raises $100,000 for Kennedy Krieger Institute

BALTIMORE - The Baltimore Classic Fund today announced that the first annual Constellation Energy Classic raised $300,000 for three Maryland-based non-profit organizations including the Chesapeake Bay Foundation, Kennedy Krieger Institute and Living Classrooms Foundation. Each will receive $100,000 as a result of the Champions Tour inaugural golfing event, which was held Sept. 8-14, 2003, at Hayfields Country Club in Hunt Valley.

"We're extremely pleased with these results," said Mayo A. Shattuck III, chairman of the board of the Baltimore Classic Fund and chairman, president and CEO of Constellation Energy Group. "As the Constellation Energy Classic evolves as one of Maryland's premier sporting events and a favorite stop on the Champions Tour, it will continue to provide a great opportunity for raising much needed funds for local charities."

"The Chesapeake Bay Foundation is pleased that the Baltimore Classic Fund is leading by example to help invest in the Bay's recovery," said William Baker, president of the Chesapeake Bay Foundation. "To Save the Bay, we will need not only leadership from our state and federal government, but this type of commitment from the private sector as well. Everyone must play a part in bringing back the Bay."

LEFT TO RIGHT: Dr. Gary W. Goldstein, president, Kennedy Krieger Institute; Parker B. Rockefeller, senior vice president/director of development, Living Classrooms Foundation, Mayo A. Shattuck III, chairman, Baltimore Classic Fund, chairman, president and CEO, Constellation Energy Group; William Baker, president, Chesapeake Bay Foundation.

"The Kennedy Krieger Institute has found a true friend in the Baltimore Classic Fund," said Dr. Gary W. Goldstein, president of the Kennedy Krieger Institute. "The Constellation Energy Classic will help us continue to provide much needed services to children with developmental disabilities."

"A donation of this size to the Living Classrooms Foundation is one we deeply appreciate," said James Piper Bond, president and CEO of the Living Classrooms Foundation. "Using a maritime setting to expose at-risk children to the possibilities that lie within their own lives is oftentimes a challenging and daunting task. This contribution will make our goals that much easier to achieve."

Nearly one-thousand volunteers donated approximately 17,500 man hours to make the Constellation Energy Classic a success, enabling the Baltimore Classic Fund to meet its fundraising goal of $300,000. Also contributing to the success of the tournament are its Founding Club Members which include Accenture, Comcast, Constellation Energy, Friedman Billings Ramsey, MBNA, McCormick & Company, Inc., Mile One Automotive, T. Rowe Price and The Rouse Company.

The Constellation Energy Classic is one component of a larger effort by the PGA to give back to the communities that host its tournaments. The PGA TOUR's Champions Tour has donated more than $100 million since its inception in 1980.

Larry Nelson won the 2003 Constellation Energy Classic by two strokes, competing against 81 golfers including Doug Tewell and Jim Dent, who tied for second place.

The Constellation Energy Classic also featured Cal Ripken Jr., who served as honorary chairman. Other notable golfers during the weeklong event included Maryland Gov. Robert Ehrlich, and sports figures Brooks Robinson, Boog Powell, Lenny Moore, Tom Matte and Earnest Byner.

About the Champions Tour:
The Champions Tour is one of the PGA TOUR's three professional golf tours, and features the world's premier golfers age 50 and up. Since its inception in 1980 as the Senior PGA Tour with just two events, the Champions Tour has grown significantly. It has 31 official/Charles Schwab Cup events offering more than $52.8 million in official prize money in 2003.

Media Contact Inquiries:

Rob Gould or Linda Foy
410-234-7433
Joe Rotellini, Tournament Director
410-234-6197