KDK-Harman Foundation

AUSTIN, Texas, May 27, 2008 — Eugene Sepulveda has joined KDK-Harman Foundation, an Austin-based family foundation focused on education, as its newest board member. Currently CEO of the Entrepreneurs Foundation of Central Texas, Mr. Sepulveda brings with him insight gained through more than 25 years service in more than 50 local, statewide and national nonprofit organizations.

Among his contributions, Mr. Sepulveda will assist in KDK-Harman’s vision of creating a more open dialogue between corporate philanthropists and family foundations for more balanced, impactful and strategic giving. Central Texas’ 13th-largest philanthropy, KDK-Harman focuses on serving disadvantaged Central Texas families, particularly women, to help them achieve educational success.

"I love KDK-Harman Foundation’s academic focus and its commitment to strategic grantmaking," said Mr. Sepulveda. "I know I’ll learn as much as I’ll give."

Mr. Sepulveda has served on the Austin Community Foundation, Greater Austin Chamber of Commerce, PeopleFund, Leadership Austin and the Austin Museum of Art boards, among others. During the previous seven years, Mr. Sepulveda taught social entrepreneurship and global business to University of Texas McCombs School of Business undergraduates and MBA students. Prior, Mr. Sepulveda, who earned his B.A. from Texas A&M University, served as a CFO, consultant and banker in Austin's high-tech community.

"Mr. Sepulveda is highly recognized for his ability to pilot the for-profit and nonprofit sectors,” said Ms. Harman. “We appreciate his willingness to serve and look forward to his unique involvement, trusting it will support KDK-Harman's continued trailblazing in assisting Central Texans break the poverty cycle through education."

About KDK-Harman Foundation

KDK-Harman Foundation was founded by Janet E. Harman in December 2004. The Foundation provides financial and capacity-building resources to education-focused nonprofits that assist disadvantaged Central Texas families, with a focus on women, to help them achieve educational success. The ultimate goal of such funding is to transform their lives from poverty to financial independence to enable a better life for themselves and future generations. The Foundation supports programs within Travis, Williamson, Hays, Bastrop, Caldwell, Burnet and Llano counties.