Our Commitment to Charitable Giving

Textron works diligently to build a better worldwide community and to be a responsible corporate citizen. Through active volunteerism and philanthropic giving, we work alongside nonprofit organizations that address needs within our local communities.

In 2017, Textron, including its business units and the Textron Charitable Trust, gave more than $6.8 million to support the work these organizations do to better our communities.

 

2017 Charitable Contributions

Total:$6,841,065
9% increase over 2016

THE TEXTRON CHARITABLE TRUST

The Textron Charitable Trust is a private, nonprofit foundation sponsored by Textron Inc. The Trust provides philanthropic support for nonprofit agencies that focus on workforce development, education, arts and culture, community revitalization, and health and human service programs where Textron has a major business presence.

Textron’s charitable giving comes from two sources: Textron Inc., including its business units, and the Textron Charitable Trust.

Our direct charitable giving, which comprised more than half of our total 2017 charitable giving of $6.8 million, was made in the form of grants, event sponsorships and general funding, and is largely focused in two areas: Workforce Development & Education and Healthy Families/Vibrant Communities. Within these areas of focus, we support non-profit organizations that address issues related to workforce development, education, arts and culture, community revitalization and health and human services programs in communities where Textron has a major business presence.


38%  |  HEALTHY FAMILIES/VIBRANT COMMUNITIES  |  $2,605,173

The focus of these programs is to invest in the quality of life in the communities where we do business. A wide range of organizations fit this description, encompassing arts and culture, community revitalization and/or health and human services.


23%  |  WORKFORCE DEVELOPMENT & EDUCATION  | $1,611,387

These programs help develop our communities’ future workforce, providing educational experiences for people of all ages and socioeconomic backgrounds. They include job training and employment development, educational enrichment and mentoring programs for youth and college/university assistance.


27%  |  MATCHING GIFTS  | $1,825,547

Through the Textron Matching Gifts program, full time employee donations to 501c(3) organizations are matched dollar for dollar up to $7,500 per individual per calendar year. This program provides an opportunity to join with employees in supporting the charitable organizations to which they choose to donate. The Textron Charitable Trust provides funding for the program. More than 2,600 employees made a charitable gift which was matched by Textron through the program in 2017.


12%  |  UNITED WAY  | $798,957

This amount reflects annual grants to the United Way made by Textron business units and the Textron Charitable Trust. In addition, each year, Textron businesses organize United Way giving campaigns to facilitate contributions by employees to non-profit organizations that address local needs within their communities. The United Way partners with member agencies to support initiatives in education, employment, health and the creation of strong neighborhoods. In addition to the contributions from Textron entities, over 7,200 employees also contributed to the United Way through our efforts.