Funds will help improve the lives of
individuals in communities across the
United States, Mexico,
Canada and Panama
IRVING,
Texas, Nov. 18, 2024 /PRNewswire/
-- Caterpillar Inc. (NYSE: CAT) employees and retirees,
together with the Caterpillar Foundation, the philanthropic
organization of Caterpillar, have pledged more than $15.2 million to the United Way chapters and
their partner agencies across the United
States, Mexico,
Canada and Panama as part of its 2024-2025 campaign. The
campaign achieved a record-breaking amount for the third year.
Employees generously donated to the United Way campaign and
recorded over 14,500 volunteer hours through the Caterpillar
Foundation Volunteer Service Match Program during August and
September, which will generate additional matching funds for
charities in Caterpillar communities.
"I want to express my sincere thanks to our employees and
retirees whose continued generosity is demonstrated by our campaign
increase from $14.8 million in 2023
to $15.2 million this year, creating
a profound impact in our global communities," said Caterpillar
Chairman and CEO Jim Umpleby.
The United Way has been Caterpillar's only annual solicitation
for funds to its employees and retirees for over 70 years. The
Caterpillar Foundation matches employee and retiree donations
dollar for dollar. Since 2000, more than $236 million has been raised during the annual
campaign.
United Way assesses local 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.
Caterpillar is part of the United Way's Global Corporate
Leadership Program, which includes 86 corporate partners that raise
more than $1 billion annually. There
are more than 1,100 United Way chapters globally, and Caterpillar's
annual campaign supports 528 of these chapters where the company's
employees live and work.
About Caterpillar
With 2023 sales and revenues of
$67.1 billion, Caterpillar Inc. is
the world's leading manufacturer of construction and mining
equipment, off-highway diesel and natural gas engines, industrial
gas turbines and diesel-electric locomotives. For nearly 100 years,
we've been helping customers build a better, more sustainable world
and are committed and contributing to a reduced-carbon future. Our
innovative products and services, backed by our global dealer
network, provide exceptional value that helps customers succeed.
Caterpillar does business on every continent, principally operating
through three primary segments – Construction Industries, Resource
Industries and Energy & Transportation – and providing
financing and related services through our Financial Products
segment. Visit us at caterpillar.com or join the conversation on
our social media channels
at caterpillar.com/en/news/social-media.html.
About the Caterpillar Foundation
Founded in 1952,
Caterpillar's philanthropic organization, the Caterpillar
Foundation, has contributed nearly $935
million to help make sustainable progress possible around
the world by building resilient communities that thrive in a
rapidly changing world. To learn more about the global impact of
the Caterpillar Foundation, visit caterpillar.com/foundation.
To connect with us on social media,
visit caterpillar.com/social-media.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/caterpillar-raises-record-15-2-million-in-united-way-campaign-302308526.html
SOURCE Caterpillar Inc.