Corporate giving | TI Foundation giving | Employee giving | Looking ahead
TI, the TI Foundation, employees and retirees continued to make strides in supporting education initiatives, arts and culture organizations, and health and human services agencies with tangible success.
With the acquisition of National Semiconductor late in the year, TI renamed the National Semiconductor Foundation the Texas Instruments (TI) Community Fund. Through it, we will help improve science, technology, engineering and math (STEM) education and address critical community needs globally in former National Semiconductor communities and TI sites outside of Dallas. The Silicon Valley Community Foundation manages the fund and distributes the grants on TI’s behalf.
To support education and community programs, the TI Community Fund awarded $305,000 in grants after the acquisition in September.
TI continued making a significant community impact by granting $22.2 million from corporate funds to support numerous agencies, programs and charities. Of that amount, $12 million was earmarked to support the TI Foundation.
We also gave more than $125,000 worth of in-kind donations, including semiconductor manufacturing equipment for education and research to universities; a DLP® Cinema projection system to the National Archives; surplus furniture to Mi Escuelita Preschool; and graphing calculators to recipients of Jerry R. Junkins National Merit Scholarships.
Additionally, TI’s corporate philanthropic teams:
Allocated additional corporate resources to our highest priority: STEM education.
- Improved our grants management software to make processes easier and more efficient for TI, the TI Foundation and our nonprofit partners.
- Surveyed employees to solicit their opinions about our giving programs, which will improve the TI United Way campaign.
- Provided more support of our United Way campaign at non-Dallas sites.
TI Foundation giving
The TI Foundation awarded $10.75 million in grants and matching gifts by year-end. The foundation’s top education priorities in 2011 were the training and development of existing teachers, retention of top teachers, and innovative teacher preparation programs.
We also increased the level of support to address basic human needs, such as food and shelter. We gave $2.1 million to the United Way and $688,000 to support other health and human services programs.
In support of the American Red Cross Japan Earthquake and Pacific Tsunami Fund, established following the March 2011 disaster, the TI Foundation pledged $100,000 and matched more than $328,000 in employee and retiree donations; in total, $758,348 went to support relief efforts.
TI employees generously donated nearly $2.8 million in 2011 to support the United Way and other health and human services outreach programs, as well as $1.6 million to education and arts and culture organizations.
In 2012, TI intends to:
- Launch the TI Foundation volunteer incentive program, which will match U.S. employees’ volunteer hours with dollars.
- Maximize corporate philanthropic investments in STEM student engagement programs by focusing resources, improving measurement, and developing strategic grants.
- Increase the effectiveness of our employee giving programs by continuing to solicit employee feedback and improve their giving experience.
- Increase the level of employee participation in our matching gifts program.
- Expand community involvement programs at major TI sites outside of Dallas, Texas.