Subscribe Free
in Business & Finance

Boeing announces nearly a quarter-billion dollars in corporate giving in 2018

Posted 21 November 2018 · Add Comment

Boeing 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 organisations in 47 countries, funding programs through 2019 and beyond. This includes 27 nonprofit organisations from the Middle East and North Africa.

Boeing’s global engagement activities are implemented throughout the MENA region, with collaborations with organizations that deliver programmes focused on developing 21st Century Skills (entrepreneurship, employability, education, and STEM).

The Boeing University Relations programme 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. 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Emirates to showcase its A380 at Saudi International Airshow

Emirates will be showcasing its flagship Airbus A380 for two days at the first ever Saudi International Airshow.

Etihad Airways to increase flights to London

Etihad Airways will increase its flights from Abu Dhabi to London Heathrow, from three to up to four daily services, to meet peak demand during the month of April.

IATA releases 2018 airline safety performance results

The International Air Transport Association (IATA) released data for the 2018 safety performance of the commercial airline industry showing continuing safety improvements over the long term, but an increase in accidents compared to

Airbus certifies A400M Cargo Hold Tanks refuelling unit

Airbus has successfully completed the certification flight tests for the A400M Cargo Hold Tanks (CHT) refuelling unit, taking a new step towards the full certification of the aircraft for air-to-air refuelling operations as a tanker.

MEBAA Show Morocco bringing business aviation to North Africa

The MEBAA Show Morocco will bring business aviation to the North African region, according to announcements made at a recent local press conference by Ali Alnaqbi, Founding & Executive Chairman of the Middle East & North Africa Business

Flydubai announces second-half profit of AED 157 million

Flydubai has announced its financial results for the reporting period ending 31 December 2018.

Connect MEIA SK1402010519
See us at
Connect MEIA BT1402010519SaudiAirshowBT0711140319IQPC 3CACBT290150319ACCA19_BT2141218280219Aviation Africa BT0607280219