ITW Wins National Award for Community Support
United Way Recognizes ITW with Top National Award for Corporate Citizenship
Electro Static Technology volunteers at Camp Conner honoring the "Day of Caring," September, 2011.
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May 3, 2012 — On May 2, United Way recognized Illinois Tool Works (ITW) with
a Summit award for philanthropic engagement. ITW and its employees raised
$11.4 million for United Way, including a generous dollar-for-dollar match
plus an enhanced match available to motivate participation and leadership
giving.
United Way is proud of its longstanding partnership with ITW. Together, we've been able to create opportunities for our communities for more than 50
years, said Brian Gallagher, United Way Worldwide president and CEO. ITW
and its employees understand the importance of strengthening local
communities. Their continued leadership and generosity has allowed us to
improve countless lives.
As part of its philanthropic suite of benefits, ITW also offers a generous
matching gift program to support the nonprofits employees are passionate
about. This program provides a triple match on employee gifts up to $5,000
for a total of $20,000 with the companys $15,000 match.
Volunteer efforts are also an integral part of the companys commitment to
communities, starting with ITW Chairman and CEO David Speer serving on
United Way of Metropolitan Chicagos Board plus a loaned ITW executive
providing skilled volunteerism. Additionally, during the pilot phase of
ITWs new volunteer program, ITW employees volunteered 3,598 hours to United
Way and its partners which the company matched with $10/hour. Nearly half of
all the companys business units provided at least one campaign volunteer
event.
To provide real-world opportunities for young people and encourage
innovation, ITWs annual United Way educational video is created
collaboratively by local high school students, area Boys and Girls Club
youth and a nonprofit creative arts foundation.
The Spirit of America and Summit Awards program, celebrating its 25th year,
is United Ways highest national honor for corporations, recognizing United
Way Global Corporate Leaders with the most comprehensive commitments to
strengthening communities. Applicants are evaluated by corporate peers and
local United Ways. Join the conversation on Twitter using hash tag
#SpiritofAmerica or visit unitedway.org/SOA.
About ITW
Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune
200 global diversified industrial manufacturer of value-added consumables
and specialty equipment with related service businesses. The company focuses
on profitable growth and strong returns across worldwide platforms and
businesses. These businesses serve local customers and markets around the
globe, with a significant presence in developed as well as emerging markets.
ITWs revenues totaled $17.8 billion in 2011, with more than half of these
revenues generated outside of the United States.
About United Way
United Way is a worldwide network in 41 countries and territories, including
more than 1,200 local organizations in the U.S. It advances the common good,
creating opportunities for a better life for all by focusing on the three
key building blocks of education, income and health. United Way recruits
people and organizations who bring the passion, expertise and resources
needed to get things done. LIVE UNITED® is a call to action for everyone to
become a part of the change. For more information about United Way, please
visit: www.UnitedWay.org.
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