Time Warner Inc. works in the field of media and entertainment, including publishing, television and film, and digital media. As of 2007, the company employed more than 86,000 people worldwide and had sales of nearly $46.5 billion (Hoover's 2008). Education and the arts are core competencies for the company and help shape Time Warner's philanthropic giving. For Time Warner, education philanthropy is primarily aimed at overcoming the academic achievement gap, particularly for historically underrepresented students.
One of Time Warner's central strategies is to work with well-established college readiness and access organizations with a proven history of success. The corporation does not accept unsolicited proposals, but rather seeks out organizations that fit its model of what makes a college readiness and access program successful. The company looks for organizations that have careful student selection processes, offer targeted and focused programs, provide extensive academic and leadership development opportunities, and continue to support students once they are in college. Organizations that fit this model and are supported by Time Warner include the Albert G. Oliver Program, College Summit, Let's Get Ready, the Posse Foundation, and Prep for Prep.