financetom
Technology
financetom
/
Technology
/
Apple employees donated $125 million in charity in 2018
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple employees donated $125 million in charity in 2018
Jan 22, 2019 7:02 AM

Keeping up with the ongoing Martin Luther King Day celebrations, Apple announced that as part of its "Giving" programme, the amount donated by its employees in 2018 to help non-profit organisations globally exceeded $125 million with over 250,000 hours of volunteer work.

The programme came into existence three years ago where for every hour an Apple employee gives, or dollar they donate, the company provides matching funds for both with volunteers working across the globe including in China where Apple is one of the only global companies matching employee donations.

"Thirty-two Chinese charitable organisations are now eligible to receive funds, including the 'China Foundation for Poverty Alleviation' which aided more than 175,000 people across 24 provinces with disaster relief and preparedness in 2018 alone," the iPhone-maker wrote in a blog-post on Monday.

Over the weekend, Apple CEO Tim Cook also became part of the volunteering efforts in San Jose.

"Sixty years ago, Dr. King called on all of us to make a career of humanity. 'You will make a greater person of yourself, a greater nation of your country, and a finer world to live in'," Cook tweeted.

The programme has been assisting several local communities including the "Point of Pride" charity that gives support to transgender people.

"The organisation linked up with an Apple employee who since then has organised almost 20 writing sessions at the company's Cupertino, Austin and Sacramento campuses which were attended by hundreds of employees," the post added.

The post also noted that in "Second Harvest Food Bank" in Santa Clara and San Mateo counties, which includes most of Silicon Valley, in 2018 provided almost 55 million meals.

"Apple's history of volunteering with 'Second Harvest' goes back to 2000 and in 2018, its employees spent almost 3,000 hours sorting and distributing food, which makes the food bank one of the largest recipients of Apple volunteer hours in the US," the post said.

Apple has been teaching subjects like coding, drawing, photography, music and videography at underprivileged schools in Ireland and other areas to help students expand their career prospects.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Cadence nears deal to pay over $100 million to US for China sales, sources say
Exclusive-Cadence nears deal to pay over $100 million to US for China sales, sources say
Jul 28, 2025
(Reuters) -Cadence Design ( CDNS ) is expected to pay over $100 million to the U.S. government as part of a deal to resolve an investigation into sales of its chip design products to a Chinese military university believed to be involved in simulating nuclear explosions, according to two people familiar with the matter. Cadence is accused of illegally selling...
Marathon Digital Holdings Earnings Preview
Marathon Digital Holdings Earnings Preview
Jul 28, 2025
Marathon Digital Holdings will release its quarterly earnings report on Tuesday, 2025-07-29. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Marathon Digital Holdings to report an earnings per share (EPS) of $-0.36. The announcement from Marathon Digital Holdings is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter. It's...
The Analyst Verdict: Texas Instruments In The Eyes Of 24 Experts
The Analyst Verdict: Texas Instruments In The Eyes Of 24 Experts
Jul 28, 2025
Texas Instruments ( TXN ) underwent analysis by 24 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Assessing First Mid Bancshares: Insights From 4 Financial Analysts
Assessing First Mid Bancshares: Insights From 4 Financial Analysts
Jul 28, 2025
During the last three months, 4 analysts shared their evaluations of First Mid Bancshares ( FMBH ) , revealing diverse outlooks from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0...
Copyright 2023-2026 - www.financetom.com All Rights Reserved