Giving Governance

Giving Governance

We recognize that our external stakeholders, including customers, communities, neighbors and shareholders, have an interest in how we conduct ourselves and how we support our commitment to society.

 

Our philanthropy must reflect efficient, responsible and ethical judgment and behavior. Consequently, our charitable contributions are periodically audited to ensure consistency in our giving criteria and grant-making, as well as adherence to compliance and transparency requirements. Additionally, our Foundation’s Board of Trustees provides oversight and strategic direction for the Foundation’s program investments.

Our Office of Corporate Responsibility provides cash and product donations, and also coordinates employee volunteerism and disaster-relief assistance. The Foundation serves to fund qualified, eligible nonprofit and philanthropic organizations.

We use an online grants management system that allows qualified, eligible nonprofit organizations seeking cash contributions to submit proposals and supporting documents electronically. The system also facilitates the submission of all required compliance documentation and helps ensure consistent review of grant requests.

We manage our philanthropic giving in two ways:

  1. The Office of Corporate Responsibility supports charitable programs through cash and product donations and employee volunteerism. It also coordinates the company’s disaster-relief assistance throughout the world.
  2. Our company’s Foundation, funded entirely by the company, serves as the chief source of funding support to qualified, eligible nonprofit charitable and philanthropic organizations whose initiatives address important societal needs and whose goals are consistent with our giving priorities.

CHARITABLE GRANTS

We report the company’s charitable contributions and the Foundation’s grants on this website and update the information quarterly.