Boeing has unveiled details of a 2019
charitable grants package totaling more than $48 million.
grants will support 404 charitable organizations in 50 countries,
funding programs through 2020 and beyond.
This latest investment
puts Boeing on track to surpass $230 million in total corporate
giving in 2019. This sum includes charitable giving, company
business contributions, employee giving and employee gift match.
Boeing corporate charitable investments are
amplified by employee giving. In 2019, Boeing employees will
donate nearly $40 million to charitable causes – bringing total
employee giving to more than $350 million over the last ten years.
"Boeing's people bring to life our values and
our enduring commitment to supporting the communities where we
live and work," said Dennis Muilenburg, Boeing president and CEO.
"Through their close collaboration, our teams and community
partners are working to inspire the next generation of aerospace
innovators, support our veterans and create lasting change in the
communities we call home."
The charitable grants package includes $8
million for science, technology, engineering and math (STEM)
education and workforce development programs aimed at building a
robust talent pipeline of civil aviation pilots and maintenance
Boeing forecasts demand for 804,000 new civil
aviation pilots and 769,000 new maintenance technicians to fly and
maintain the world's fleet over the next 20 years.
Boeing will also commit $800,000 to launch the
first Newton Flight Academy in Turkey in 2020. This funding builds
on the company's previous $5 million investment and successful
launch of Newton Europe in Spain and Poland in 2019. The Newton
Flight Academy teaches STEM skills to secondary school students
through hands-on application of the math and physics of flight.
Grant dollars will help fund a permanent, experiential classroom
that includes three full-motion Boeing flight simulators.
"At Boeing, we're committed helping students
succeed. We want students to know that their future belongs to
them—it has no boundaries," said Cheri Carter, vice president of
Boeing Global Engagement. "We believe our success as innovators
depends on everyone coming together to inspire the next generation
to share in our aerospace advancements. That's why we're investing
more than 50 percent of our philanthropic dollars to fund
high-impact education programs in the U.S. and abroad."
Also included in the package is a previously
announced $10 million investment for veterans' recovery and
rehabilitation programs and workforce transition services.
Making a Difference.