SCHAFFHAUSEN, Switzerland,
April 3, 2020 /PRNewswire/ -- TE
Connectivity, a world leader in connectivity and sensors, and the
TE Connectivity Foundation, a private charitable foundation funded
entirely by TE, have donated more than $1
million to organizations supporting the fight against
COVID-19.
The TE Foundation approved a $1
million emergency grant to Global Impact, a philanthropic
partner across the private, nonprofit and public sectors, to fund
diagnostics, therapeutics and vaccines vital in managing the global
pandemic.
"TE makes products that are essential to daily living and
healthcare delivery, and our employees around the globe continue
their important work in these trying times," said Karen Leggio, TE Foundation board chair. "The TE
Foundation board knew we had to do our part, too, by supporting a
global charitable organization that is helping to battle the
coronavirus. We are proud to be a part of Global Impact's work to
make a real and lasting impact."
Specifically, the TE Foundation has requested the funds be
distributed among the following organizations:
- Direct Relief, to supply medical personnel around the world
with personal protective equipment (PPE) and other necessities
- Americares, to mobilize medical personnel for overwhelmed
health facilities around the world
- Gates Philanthropy Partners' Therapeutics Accelerator, to speed
up the identification and production of treatments for
COVID-19
"We want to recognize the TE Connectivity Foundation for its
leadership in making a significant gift during this time of great
need," said Global Impact President and CEO Scott Jackson. "Their generosity will go a long
way to support the Global Impact charities that are on the front
lines developing therapies, researching vaccines and serving their
constituencies around the world during this pandemic."
Separately from the foundation, TE Connectivity has committed to
making a series of donations to charities that will have the
biggest impact on the communities in which the company
operates.
"Our most important priority is the health and safety of our
employees and making sure we are doing what we can to support the
communities where our people live and work," said TE Connectivity
CEO Terrence Curtin. "We are working
with our employees around the world to identify more opportunities
where our dollars can make a difference in the days and weeks
ahead."
TE has donated $100,000 to Direct
Relief, as well as $75,000 to the
Shanghai Charity Federation to purchase PPE. Additionally, TE will
double the charitable match it offers to its U.S. employees to 200%
when they donate to specific medical facilities near major TE
locations nationwide.
ABOUT TE CONNECTIVITY
TE Connectivity
Ltd. (NYSE: TEL) is a $13
billion global industrial technology leader creating a
safer, sustainable, productive, and connected future. Our broad
range of connectivity and sensor solutions, proven in the harshest
environments, enable advancements in transportation, industrial
applications, medical technology, energy, data communications, and
the home. With nearly 80,000 employees, including more than 8,000
engineers, working alongside customers in approximately 150
countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at
www.te.com and on LinkedIn, Facebook, WeChat and Twitter.
ABOUT TE CONNECTIVITY FOUNDATION
The TE Connectivity
Foundation is a U.S.-based, private charitable foundation.
Established in 1977 by TE Connectivity, the TE Foundation is funded
entirely by TE Connectivity. The TE Foundation seeks to
connect and strengthen communities around the world through access
to technology and engineering for all, with a focus on women and
underserved populations.
ABOUT GLOBAL IMPACT
Global Impact is a trusted
advisor, intermediary and implementing partner across the private,
nonprofit and public sectors. Through these partnerships, we have
raised nearly $2 billion for causes
such as disaster relief and global development. Our expertise
includes fundraising and partnerships, employee engagement and
corporate social responsibility (CSR), and finance and business
services. In the wake of the COVID-19 pandemic, Global Impact
established the Coronavirus Outbreak Fund to support
members of the Global Impact Charity Alliance responding around the
world to the outbreak, addressing critical humanitarian needs.
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SOURCE TE Connectivity Ltd.