As today marks International Corporate Philanthropy Day, I thought an update on Verizon's philanthropic work was in order. Our focus at the Verizon Foundation is on using our technology to solve critical social issues in the areas of education, health care and energy management. Since 2000, the Foundation has invested more than half a billion dollars in our communities, and our employees have donated more than 6.2 million volunteer hours to improve the communities where we work and live. In 2011 alone, the Foundation awarded $66 million in grants to nonprofits across the country and our employees volunteered more than 670,000 hours.
We also award employees who volunteer 50 hours a year with a qualifying nonprofit a $750 grant for that organization.
Below is a breakdown of where our grants went last year.
| Education & Literacy | $26 |
| Volunteerism (Including Matching Gifts) | $17 |
| Civic & Community Support | $9 |
| Domestic Violence Prevention | $10 |
| Healthcare & Accessibility | $3 |
| Internet Safety | $1 |
| Total Philanthropic Investment | $66 million |
In the coming year, the Foundation will increasingly serve as a laboratory for social innovation -- supporting new approaches to community problems, breaking down barriers of cost and accessibility and helping to bring these solutions to underserved populations.
Our signature causes and strategic focus in 2012 will be the following:
Education: We help integrate technology solutions by creating digital classrooms focused on STEM content, smart devices and technology training.
Health Care: Introduce mobile and telehealth solutions into communities through our mHealth Platform and Remote Disease Management program while strategically addressing domestic violence related issues.
Sustainability: We help deliver smart energy management and sustainability practices to underserved communities.
This is an exciting time for us at Verizon. Look around and you will see how deeply communications technology is transforming society. We see expanding opportunities ahead for us to use our networks and our technology to make a difference in the world. And it's a fresh opportunity for us to deepen the connection between Verizon and our communities.
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Kathy leads Verizon's global corporate responsibility initiatives and policy development. She also oversees the Verizon Foundation.
James oversees Verizon’s supply chain, vehicle fleet, investment recovery, purchasing and materials management and sustainability initiatives.
Rose leads Verizon's philanthropic strategy with an emphasis on projects that demonstrate the use of Verizon's technology in addressing social issues such as education, domestic violence prevention and online safety. The Verizon Foundation is one of the 15 largest corporate foundations in America.
Jack promotes digital wellness and online safety. He works with parents, educators, service providers, application developers and industry leaders to foster responsible use of Verizon's mobile and broadband networks.
Discuss technology and telecommunications public policy.
New or improved Verizon products and services.
Information on Verizon's efforts to reduce domestic violence and promote literacy and education.
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