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National & World Ag News Headlines |
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Caterpillar Invests $11.5 Million in United Way
USAgNet - 12/08/2016
Caterpillar Inc. employees and retirees together with the Caterpillar Foundation have pledged more than $11.5 million to United Way agencies across the United States as part of its 2016-2017 campaign. This amount includes a dollar-for-dollar matching grant
from the Caterpillar Foundation. The United Way has been Caterpillar's only annual solicitation for funds to its employees and retirees for more than 60 years.
"Our employees and retirees are committed to making a positive impact in the communities where they live and work," said Caterpillar Foundation President Michele Sullivan. "That's why they continue to donate every year to the United Way even during these
challenging economic times to support their communities, neighbors and sometimes even their families and friends. More than half the money raised will go to the Heart of Illinois United Way in Peoria, Illinois, which is home to our corporate headquarters.
Outside of Peoria, our employees and retirees give just as generously and their contributions are from Nashville, Tennessee, to Corinth, Mississippi, to San Diego, California, and more."
Since the Caterpillar Foundation began investing in the United Way, employees and retirees have been able to designate their contributions to the United Way of their choice.
"The United Way assesses the community needs, finds efficient programs that deliver measurable outcomes and works to eliminate those needs in the future by identifying the causes and creating long-term solutions," said Sullivan. "That's done through the Boys
& Girls Clubs, Court Appointed Special Advocates (CASA) for Children, The Salvation Army and the hundreds of other United Way-funded agencies."
Employees and retirees pledged more than $5.7 million, and Caterpillar's overall employee participation in 2016 reached 47 percent.
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