DEERFIELD, Ill., March 9, 2022 /PRNewswire/ -- The Caterpillar
Foundation, the philanthropic organization of Caterpillar Inc.
(NYSE: CAT), is donating more than $1
million to support both urgent and long-term needs of the
Ukraine humanitarian crisis.
This donation supports these organizations: American Red Cross
to support the global Red Cross network response to the
Ukraine Humanitarian Crisis, Project Hope, and the Center for
Disaster Philanthropy. Donations will help support relief efforts
such as water, food, clothing, hygiene sets, blankets, fuel for
heating, medical supplies and housing support in Ukraine and surrounding countries.
"As the fighting intensifies in Ukraine, so does the dire situation for
impacted families," said Gail
McGovern, president and CEO of the American Red Cross. "We
cannot thank the Caterpillar Foundation and Caterpillar employees
enough for their generous contributions, enabling the global Red
Cross network to provide humanitarian relief in response to the
Ukraine crisis."
To amplify the giving, the Caterpillar Foundation is also
matching gifts from global Caterpillar and dealer employees as well
as U.S. retirees to the global Red Cross network in response to the
Ukraine crisis through a 2:1
match. These gifts have surpassed the original match goal and will
continue to remain open.
"We are deeply saddened by the tragic events continuing to occur
in Ukraine and hope for a peaceful
resolution to the crisis," shares Caterpillar Chairman and CEO
Jim Umpleby. "Through the
Caterpillar Foundation's platform, we are responding to the urgent
humanitarian needs in Ukraine and
its neighboring countries. I am proud of the generosity of our
employees to support these critical efforts."
The Caterpillar Foundation also continues its long-standing
support of the Annual Disaster Relief Program with the American Red
Cross. This support helps ensure the Red Cross is ready to respond
when needed to meet the needs of people affected by disasters and
humanitarian emergencies across the U.S. and around the world.
About Caterpillar Foundation
Founded in 1952,
Caterpillar's philanthropic organization, the Caterpillar
Foundation, has contributed nearly $850
million to help make sustainable progress possible around
the world by building resilient communities that thrive in a
rapidly changing world. To learn more about the global impact of
the Caterpillar Foundation, visit caterpillar.com/foundation. To
connect with us on social media,
visit caterpillar.com/social-media.
About Project HOPE
With the mission to place power in
the hands of local health workers to save lives around the world,
Project HOPE is a global health and humanitarian organization
operating in more than 25 countries. Founded in 1958, we work
side-by-side with local health systems to improve health and
support community resilience. We work at the epicenter of today's
greatest health challenges, including infectious and chronic
diseases; disasters and health crises; maternal, neonatal and child
health; pandemic preparedness and response; mental health for
health workers; and the policies that impact how health care is
delivered. For more information, visit www.ProjectHOPE.org and
follow us on Twitter @ProjectHOPEorg.
About The Center for Disaster Philanthropy
The Center
for Disaster Philanthropy's mission is to leverage the power of
philanthropy to mobilize a full range of resources that strengthen
the ability of communities to withstand disasters and recover
equitably when they occur. CDP manages domestic and international
disaster funds on behalf of corporations, foundations and
individuals through targeted, holistic and localized grantmaking.
For more information, visit: disasterphilanthropy.org or
@funds4disaster.
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SOURCE Caterpillar Foundation