The work ITW and our colleagues do in the community is deeply rooted in our company’s history and core values. For over 100 years, we have strived to make a lasting, positive impact on the communities where our colleagues live and work, and where we do business. We do that through trusted national partnerships such as United Way, Boys and Girls Clubs of America and Junior Achievement, and with our commitment to support the communities our colleagues call home.

Our Approach to Community Impact

True to our decentralized culture, more than 80 percent of our giving is intentionally driven by the passion of our colleagues in North America who invest in their local communities with gifts of talent, time and money. Last year, the ITW Foundation provided $20.1 million through the ITW Hearts Giving Hope programs, which gives ITW the opportunity to directly amplify our colleagues’ giving and volunteer efforts.

Beyond the support driven by employee giving, the ITW Foundation has a portfolio focused on education and community investments that include arts and culture, and civic partnerships in the Chicago region, where we are headquartered, in an effort to build and sustain a vibrant community. In 2017, the ITW Foundation directed $7.1 million toward these organizations.

Our Partnership with United Way

United Way has been a core part of ITW’s community involvement strategy for more than 60 years. Each year, we engage thousands of ITW colleagues across our U.S. and Canadian businesses, with 75 percent of North American-based colleagues contributing to United Way in 2017, and nearly $9 million invested into the communities where ITW has a presence and our colleagues call home.

Around the globe, our businesses also demonstrate support for their communities through United Way. In India, our colleagues partnered with United Way Mumbai to support the educational needs of 70 girls ages 6 to 20 from SOS Children’s Village India. Through this unique project, the children not only get access to quality education while living in a family care environment, but their holistic development is also given due emphasis. Key components of the project include formal schooling, IT skills training, extra-curricular activities, career counseling, resilience building and social development.

Giving at ITW

Each year, ITW targets 1 percent of earnings into community outreach efforts. We do it through a variety of ways, including sponsorships, grants and product donations. ITW has invested $25.8 million on average per year into the community over the last five years. In 2017, total community investment spending reflected approximately 1 percent of our company’s pre-tax profits.

ITW Responds to Disasters Close to Home

2017 was a significant year for natural disasters, and ITW stepped up to support response and recovery efforts, contributing over $850,000. ITW provided local responses such as temporary housing, transportation and other immediate support to employees who were significantly impacted by these events. Many of our colleagues made personal gifts, volunteered their time and donated supplies, clothing and food to aid both fellow colleagues and local residents impacted by these events. Through the matching gift program as well as special designations set up through the annual United Way workplace giving campaign, ITW employees and the ITW Foundation donated approximately $250,000 to help human service agencies like the American Red Cross in support of disaster relief initiatives in the areas hit hardest by hurricanes, flooding and other natural disasters.

In addition, the ITW Foundation committed a $500,000 grant to the United Way Harvey Recovery Fund, which is focused on the long-term recovery of the Texas Gulf Coast region.

ITW’s Support for Education

Education is a core focus area where ITW strategically directs support. We are committed to investing in the future of our colleagues and their families, as well as supporting STEM-related (science, technology, engineering and mathematics) education programs in schools and organizations.

Scholarships

In 2017, the ITW Foundation gave approximately $1 million in scholarships to support the educational pursuits of over 285 students attending a trade school or college. These deserving students are the dependents of our colleagues across ITW divisions in the U.S. and Canada.

In addition, for the first time, ITW has partnered with Northwestern University (NU), a nationally top-ranked school in the Chicago area, to provide a full scholarship to a Chicago Public Schools (CPS) high school student pursuing an engineering degree. This annual scholarship will be awarded to a graduating CPS student who is admitted to NU, beginning with the graduating class of 2018.

Reaching New Milestones at the ITW David Speer Academy

Located in Chicago’s Belmont-Cragin neighborhood, the ITW David Speer Academy offers a world-class STEM education to more than 1,100 students in grades 9 through 12. In addition to excellent in-classroom academics, students also have the opportunity to gain hands-on experience through internships, many of which take place at ITW businesses, and with non-profit partners supported by ITW. In fact, 44 percent of internship placement opportunities made in 2017 were within ITW and its partner charities in the community.

Throughout the year, ITW colleagues also spend time with ITW David Speer Academy students serving as mentors, running the robotics club, participating in Career Day, as part of a one-week video project internship, and hosting a major annual volunteer Day of Service on the school’s campus. In 2017, we announced a partnership between Miller Electric, an ITW Welding company, and the ITW David Speer Academy, which will enable the school to offer a welding program in the 2018-19 school year. With support from Miller Electric, the curriculum will not only educate students to be skilled in the techniques and safety related to welding, it will also provide exposure to the wide variety of careers across many industries that utilize welding.

Now in its fourth full year of operation, the ITW David Speer Academy will graduate its first class in the spring of 2018. Many of these students have already been accepted to top STEM programs at universities across the country, including Marquette University, University of Illinois at Urbana-Champaign, Iowa State University and Indiana University.

ITW is pleased to congratulate the ITW David Speer Academy Founding Class of 2018!

The ITW David Speer Academy is sponsored by ITW in memory of former CEO David Speer, who passed away in 2012.

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