Boeing on track to surpass $200M in charitable giving in 2018
Boeing is on track to surpass $200 million in total community giving in 2018, said Boeing Chairman, President and CEO Dennis Muilenburg during a keynote address to members of the Economic Club in Washington, D.C.
“That’s a significant sum and shows how our company is driving innovation, supporting our people and improving Boeing communities around the world,” he said while announcing $54 million in grants and philanthropic sponsorships to nonprofits within the U.S. and around the world.
As part of the company’s $100 million pledge to invest in local communities, the investments include new or accelerated partnerships with organizations that improve STEM education, enrich local communities, and offer transition and health services for veterans and their families.
The investments will help launch Boeing’s new “First to Mars” initiative, a comprehensive experiential learning framework that encourages interest in Science, Technology, Engineering and Mathematics (STEM) and inspires the next generation to see the future in space as their future with Boeing.
“This investment is yet another example of how Boeing is putting tax reform to work,” Muilenburg said. “Already, we have expanded our 'Dollars for Doers' matching program to reward employees who give their time and resources in support of causes important to them.”
The announcement also included accelerated payments on previously announced grants and sponsorships, enabling the company greater flexibility in funding future philanthropic activities.
“From Seattle to Singapore, Dallas to Delhi and places in between, Boeing and our more than 140,000 employees are building the future and inspiring the dreamers and doers of tomorrow,” said John Blazey, vice president of Boeing Global Engagement. “With the depth and breadth of our employees’ skills and passion for giving, our professional networks and partnerships, and our financial resources, Boeing drives positive and meaningful change in myriad communities around the globe.”