Corporate | TI Foundation | Employee | Disaster relief | Looking ahead
TI’s founders started a tradition of giving as a way to make an impact in the communities where the company operates. Today, TI, its employees and the Texas Instruments (TI) Foundation continue to make a meaningful difference in people’s lives through financial contributions.
Some of the more significant achievements we collectively made in 2013 include:
- Maximizing corporate philanthropic investments in science, technology, engineering and math (STEM) student engagement programs by focusing resources, improving measurement, and being more strategic in our approach to grant-giving.
- Expanding U.S. employee participation in our United Way campaign by having the TI Foundation match total site contributions dollar for dollar, up to $10,000 per person. While TI has been the largest aggregate donor to the United Way of Metropolitan Dallas since its inception, five other TI sites launched United Way campaigns for the first time in 2013, bringing the total number of participating sites to 19.
TI continued making a significant community impact by granting $27.9 million from corporate funds to support numerous agencies, universities, programs and charities. Of that amount, $15 million supported the TI Foundation.
This amount also includes more than $513,000 worth of in-kind donations, such as semiconductor manufacturing equipment for education and research to universities, TI products to U.S. schools and universities, and surplus furniture and artwork to various nonprofit organizations.
Through the TI Community Fund, we provided $1 million in grants to help improve STEM education and address critical community needs globally at sites outside of our headquarters in Dallas, Texas.
TI expanded community involvement programs at sites in Tucson, Arizona; Sherman, Texas; and Melaka and Kuala Lumpur, Malaysia. We also rolled out our online grants system to all U.S. sites, which allows us to more consistently measure the impact of our giving programs.
TI Silicon Valley, located in California, was recognized as a Top Corporate Philanthropist by the Silicon Valley Business Journal for its contributions to the community.
TI Foundation giving
The TI Foundation awarded $14 million in grants, matching gifts and Volunteer Incentive Program (VIP) grants by year-end. Its top education priorities in 2013 were the training and development of existing teachers, retention of top teachers, and implementation of innovative teacher-preparation programs.
Some of the key foundation grants awarded in 2013 include:
- $3.2 million to the United Way and $690,000 to support other community investment programs, including $270,000 to the American Red Cross for Typhoon Haiyan relief efforts in the Philippines.
- $2.1 million to the Dallas Symphony Association to be paid over the next three years. The 2014 and 2015 payments are contingent on other corporate donors increasing their donations.
- $1.4 million to the Dallas Independent School District (DISD) to expand its Advanced Placement (AP) Incentive Program, which is administered by the National Math and Science Initiative. Since 2005, the TI Foundation has granted $4.3 million to bring AP programs to the DISD and three other school districts in an effort to increase the number of passing scores in AP math, science and English exams.
- $1.35 million to Teach for America to recruit, train and support 135 new teachers for DISD middle and high schools over the next three years.
- More than $330,000 to match employee and retiree volunteer hours with eligible nonprofit agencies through the VIP.
Employees generously gave more than $5.7 million to many worthy causes in 2013.
In the U.S., employees gave:
- $3.3 million in 2013 to support the United Way and other community investment programs.
- More than $400,000 to United Way Silicon Valley, a 23 percent increase over 2012.
- $185,000 to support disaster relief efforts, as well as $1.9 million to education and arts and culture organizations.
- More than $133,000 to benefit the Juvenile Diabetes Research Foundation.
- More than $52,700 to fight breast cancer through support for the North Texas Susan G. Komen Race for the Cure. TI also donated $17,500, bringing the total amount raised to $70,200.
- More than $35,000 in school supplies and backpacks to support underprivileged children. TI’s Education Technology business unit also donated scientific calculators.
- More than 2,100 gifts for low-income children and senior citizens served by the Family Giving Tree in Silicon Valley.
- More than $3,740 to support Second Harvest Food bank in Silicon Valley, which provided nearly 15,000 meals for families facing hunger in the region.
- Filled large boxes with notebooks, pens, books and sport supplies for students in Caojian Village, an impoverished area in China’s Yunnan province.
- Donated a portion of their salaries to help orphaned children attend school in the Philippines.
- Raised funds to construct and equip children’s rehabilitation clinics throughout Mexico, and delivered holiday gifts to senior citizens.
- Funded primary school scholarships for about 250 poor children in India.
In the wake of the massive Typhoon Haiyan, which struck the Philippines in 2013, employees, retirees and the TI Foundation contributed more than $440,000 to the Red Cross to help fund disaster relief efforts. TI is the largest exporter in the Philippines and has a long presence as a multinational semiconductor company there. Many local employees volunteered and donated money and supplies to assist with the cleanup effort as well.
TI donated ¥$1 million renminbi, or about US$161,000, to the China Youth Development Foundation to help rebuild schools impacted by the 7.0-magnitude Sichuan province earthquake. Our generous employees also:
- Supported the American Red Cross, which provided shelter, meals, medical supplies, and cleanup and comfort kits to people affected by tornadoes in Oklahoma and North Texas.
- Gave money to fund humanitarian relief to those affected by a fertilizer plant explosion that occurred 85 miles away from our headquarters in Dallas, Texas.
- Provided financial and volunteer support to flood victims in India.
In 2014, we intend to evaluate our global philanthropy processes to broaden our impact and offer more opportunities for employees to support their local TI site communities.
While we have been active in the community in India for many years, we will work to comply with the country’s new Companies Act legislation that went into effect April 1, 2014, requiring specific processes and minimum giving to support certain corporate social-responsibility programs.
In rural Nanbu, Sichuan, near our Chengdu facility in China, we will open our first China Youth Development Foundation Project Hope School to give more students access to an education.
In the U.S., we will support the 90th anniversary of United Way in Dallas, Texas, and launch a community involvement program at our new Sugar Land facility in Texas.
Additionally, we will continue to work to improve our online grants system, making it easier for nonprofit partners to use, and gathering enhanced data to more clearly evaluate the effectiveness of our grants.