Known as one of the world's premier analog companies, National Semiconductor made grants to community organizations and education initiatives long before the creation of its foundation. Last August, the company got serious about giving with the establishment of a charitable foundation devoted to philanthropy.

The National Semiconductor Foundation supports its communities by honoring and rewarding teachers through technology, and its creation will help tie these efforts into one cohesive outreach. The foundation exists as a unique corporate charitable arm, in that it offers both "closed" and "open" awards programs, capitalizing on strategic partnerships and...

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