Software giant Microsoft has announced that it awarded grants totaling $113 million to more than nineteen thousand nonprofit organizations in 2013 through its employee contributions program.
The total includes employee donations, company matching contributions, and $7.8 million from the company itself to match volunteer hours logged by Microsoft employees. Microsoft employees also raised more than $59 million for 4,858 nonprofits in Washington State, including the Fred Hutchinson Cancer Research Center, Hopelink, the Humane Society for Seattle/King County, the Seattle Children’s Hospital Foundation, United Way of King County, and the Washington State Opportunity Scholarship.
In response to requests from employees, Microsoft increased matching funds available to each employee this year from $12,000 to $15,000. In addition, the company provided a matching contribution of $17 for every hour volunteered by an employee. In 2013, more than 7,400 employees participated in the program, logging nearly 460,000 volunteer hours on behalf of nonprofit groups.
"In 2012, we announced that we reached the milestone of $1 billion in employee giving since 1983," said Brad Smith, the company's general counsel and executive vice president for legal and corporate affairs. "We've been asked when we’ll reach the second billion. It’s clear to me that with three record-breaking, $100 million years in a row, we are well on our way."