We believe that our employees are not only our greatest strength as a company, but also a powerful force for creating change in our communities. So we invest in their efforts by supporting the causes they care about. Whether employees choose to support charitable organizations through volunteer service or donations, we’re able to double the impact of their generosity through our Matching Grants Program. Adobe matches all full-time employees’ donations of time, cash, or securities up to $10,000 per calendar year.
For every 10 hours of volunteer service an employee donates to a charitable organization, we provide a $250 individual volunteer grant that can be directed to the organization of their choice. When employees volunteer as teams, they unlock Adobe team volunteer grants for the beneficiary organization. For every 10 employees who volunteer together, we provide a grant of $1,000, up to $10,000.
Donations of cash and securities are matched 1:1 to eligible nonprofit organizations. We encourage employees to give back and we respect their personal choices in doing so.
In 2016, we had a goal of 50% employee participation in our matching grants program. We reached 38% participation, even with a 14% increase in our employee population worldwide. For 2017, we have set a public goal of 45% participation and are on track to meet this goal.
Additionally, in 2016 our employees donated approximately $5.5 million to charitable organizations around the world, exceeding our 2016 goal of $5 million dollars donated. We anticipate that the combined total of employee donations will exceed $6 million in 2017 and have set this as our goal.