The ITW Foundation facilitates the company’s support for larger philanthropic initiatives in the U.S. and Canada as the nonprofit charitable arm of the corporation.
Giving through the ITW Foundation
The Foundation directs most of its funding into two major areas: education, and community investments that include arts and culture, and civic and key partnerships with university-level hospitals in the Chicago and surrounding communities, all of which seek to build and sustain healthy and vibrant city. It also supports the social issues most important to its colleagues through the matching gift and volunteer programs, which are team-member-driven giving opportunities.
Supporting local issues and causes important to our colleagues
ITW believes strongly in supporting its colleagues and the locally based nonprofit organizations that address local challenges and social issues which our people care about deeply. Through the ITW Hearts Giving Hope initiatives – which include the matching gift and volunteer programs – the ITW Foundation provides financial support to the organizations our colleagues support with their personal gifts of time and money. Working together, our colleagues have a deep and meaningful impact on the organizations where we live and work.
Many ITW people give back to their local communities with their time and talents. In 2015, the program generated $235,520 for 344 qualifying nonprofits, based on 23,552 service hours performed by ITW colleagues.
Matching Gift Program
In 2015, ITW team members' donations plus matching gift funds raised more than $10.0 million – $3.0 million from individual contributions and $7.0 million provided by the ITW Foundation. The ITW Foundation funded more than 3,320 organizations in support of our colleagues’ generous gifts to their personal causes.