Boeing Announces Nearly a Quarter-Billion Dollars in Corporate Giving in 2018
- Includes more than $55 million in new grants to support charitable partners globally
- Supporting 27 nonprofit organizations from the Middle East and North Africa
- Grant dollars will fund programs in 2019 and beyond
Dubai, UAE, November 21, 2018 - Boeing [NYSE: BA] corporate giving will exceed $230 million in 2018, driven by $55 million in new charitable grants, as well as increases in business and employee contributions.
The new $55 million charitable grants package will support 443 nonprofit organizations in 47 countries, funding programs through 2019 and beyond. This includes 27 nonprofit organizations from the Middle East and North Africa.
Boeing’s global engagement activities are implemented throughout the MENA region, with collaborations with organizations that deliver programs focused on developing 21st Century Skills (entrepreneurship, employability, education, and STEM).
The Boeing University Relations program supports the region’s efforts to create a robust talent pipeline for emerging aviation & aerospace sectors by providing charitable grants and in kind support to partner universities. Support is provided to the engineering departments depending on their requirements, which includes capstone projects, mentorship, design challenges, guest lectures and more.
Boeing’s corporate giving is amplified by its employee gift match programs. Earlier this year, the company increased gift match levels following the enactment of U.S. tax reform. Over the past five years, employee gifts matched by the company have increased 30 percent.
“Our people have unique skills and an unwavering passion for making a difference in the world, both through our products and services and the ways we give back to our communities,” said Dennis Muilenburg, Boeing chairman, president and chief executive officer. “When that’s combined with our professional networks, partnerships and financial resources, we have the potential to drive positive, lasting change across the globe in important areas such as STEM learning and veterans’ support.”
Anchored by local and regional employee engagement activities, Boeing corporate giving is focused on increasing access to globally competitive STEM learning in underserved and underrepresented communities; improving technical workforce skills. Boeing investments also address unique local challenges critical to communities where the company operates.
Boeing Investments by the Numbers
About The Boeing Company
Through purposeful investments, employee engagement and thoughtful advocacy efforts, Boeing and its employees support innovative partnerships and programs that align with the company’s strategic objectives, create value and help build better communities worldwide.
Chicago-based Boeing is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in more than 150 countries.
See how Boeing is making a difference for Our Future, Our Heroes and Our Homes by visiting the 2018 Boeing Global Engagement Portfolio at Boeing.com/community.
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