Each year we contribute at least 1 percent of company pre-tax profits to the Adobe Foundation, a private foundation created and funded by Adobe. In 2012 we provided more than $8 million in grant funds to education and arts organizations worldwide.
Beginning in 2013 we’re providing increased funding in communities where we have the largest employee populations. We’re also incentivizing our employees to make their own monetary donations and volunteer their time.
The Adobe Foundation supports programs and organizations that help make our communities better, stronger, and more vibrant places to live, work, and do business.
Adobe Foundation Community Grants support programs that inspire creative solutions to challenges in local communities. These grants address local challenges that affect the communities where our employees live and work, utilizing creative and innovative solutions to have a positive impact. Our Community Grants program is employee driven with employee teams involved in identifying organizations, reviewing proposals, and leading grant selection.
Whether our employees choose to support local communities through volunteer service or charitable donations, we’re able to significantly increase the impact of their generosity through our Matching Grant program.
By matching our employees’ donations of time, cash, or securities to eligible nonprofit organizations and schools, we’re able to boost the value of their individual contributions to up to $10,000 per calendar year. All current, full-time Adobe employees worldwide can apply for Matching Grants.
For every 20 hours of volunteer service an Adobe employee contributes to one or more eligible community organizations, we’ll offer a Matching Grant of $250, and for every eligible group volunteer project completed by a minimum of 10 Adobe employees, we’ll offer a Matching Grant of $1,000. In addition, we match employee donations of cash and securities at a 1:1 ratio.
In 2012 nearly 20 percent of Adobe employees participated in our Matching Grant program. We aim to increase participation by 20 percent and have an even greater impact in 2013.
Our employees can find additional information on how to participate in the program by visiting the Adobe CR Portal.