As the events surrounding COVID-19 continue to evolve, our mission at the Caterpillar Foundation remains the same – to build stronger, more sustainable and resilient communities around the world.
Caterpillar is taking appropriate precautions and implementing safeguards to protect our employees while they continue to provide the world what it needs. We are also working to help ensure uninterrupted access to the products and services our customers need to get their jobs done in difficult times.
As a Foundation, we are proud to support our nonprofit partners working tirelessly to keep our communities safe, strong and resilient. On March 30, we announced a commitment of $8.5 million to support nonprofit organizations who are working to prevent, detect and respond to the pandemic; providing resources to hospitals, medical staff and patients; addressing food insecurity; and enabling online STEM and coding education for youth impacted by school closures. We’ve partnered with global organizations, like the UN Foundation, World Health Organization and Global Foodbanking Network, that are prioritizing their COVID-19 assistance based on country need. We’ve also dedicated funds to many communities around the world to help meet the local needs where our employees live and work.
In addition, we expanded our existing U.S. Matching Gifts Program for a limited time to provide a 2:1 match on employee and retiree donations to eligible nonprofits – and our employees and retirees certainly rose to the occasion! Thanks to their incredible outpouring of support, we raised the initial $1 million Foundation match cap to $2.5 million, bringing the Foundation’s total commitment to COVID-19 global response efforts to $10 million.
From foodbanks to hospitals, to educational and international development organizations, our employees and retirees are making an impact in our communities, keeping them safe and strong during this difficult time.
In these extremely challenging times, we are focused on building resilience and prosperity for all, helping our communities emerge stronger together.
For more on the Foundation’s collaboration with partners and stakeholders around the world to support the communities where we live and work, as well as the incredible generosity of the Caterpillar team, check out this video.