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Apple and Employees Give $2.6 Million to Charity Through Donation Matching Program

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Apr 12, 2001
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Apple has matched $1.3 million in employee donations for a total of $2.6 million donated to charity via a program CEO Tim Cook instituted earlier this year. Via the program, Apple offered to match U.S. full-time employees' contributions to 501(c)(3) charitable organizations, up to $10,000 per employee per year.

charity-111110.jpg


The $1.3 million matched so far is being used by Apple to internally promote the program and solicit more donations. An image touting the success of the program links employees to a page that provides an overview of the matching program.
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The total was first reported by AppleInsider.

Article Link: Apple and Employees Give $2.6 Million to Charity Through Donation Matching Program
 
Article Link
https://www.macrumors.com/2011/11/10/apple-and-employees-give-2-6-million-to-charity-through-donation-matching-program/
dreamworks21 said:
Yes, because every profitable company should automatically give their capital away instead of using it to better themselves.
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He (the person you quoted) doesn't seem to realize that Apples expansion and job creation is a benefit to society even more so than charitable donation, since creating jobs creates more people with the potential to donate to charity.
 
Kudos to Apple for re-instating a employee match programs. Here's hoping they continue with it.
 
dreamworks21 said:
Yes, because every profitable company should automatically give their capital away instead of using it to better themselves.
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They didn't do anything for charity for the past 15 years. It's about time they do something like every other major company in the country does. Their charitable work was a joke under Uncle Steve.

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chrono1081 said:
He (the person you quoted) doesn't seem to realize that Apples expansion and job creation is a benefit to society even more so than charitable donation, since creating jobs creates more people with the potential to donate to charity.
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That doesn't benefit people who need charity.
 
Wowww!

$1.3 million, wow that's what? Roughly 0.006% of its profits last year.
Seriously, I know we live in a capitalist country but a little bit more philanthropy is possible.
 
muckydoggy1 said:
$1.3 million, wow that's what? Roughly 0.006% of its profits last year.
Seriously, I know we live in a capitalist country but a little bit more philanthropy is possible.
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Not to most who frequent this forum. You'd think that they all personally benefit from Apple's profits, besides the few who are shareholders.
 
AppleScruff1 said:
They didn't do anything for charity for the past 15 years. It's about time they do something like every other major company in the country does. Their charitable work was a joke under Uncle Steve.
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So what? Apple doesn't run a charity.

Their job is consumer products. And they're killer in that department.

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AppleScruff1 said:
That doesn't benefit people who need charity.
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Not Apple's problem.

Forward your complaints to Capitol Hill.
 
dreamworks21 said:
Yes, because every profitable company should automatically give their capital away instead of using it to better themselves.
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With the tax exceptions for charitable donations means they aren't out that much more money. I would have expected Apple to match 2:1.
 
*LTD* said:
So what? Apple doesn't run a charity.

Their job is consumer products. And they're killer in that department.

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[/COLOR]


Not Apple's problem.

Forward your complaints to Capitol Hill.
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Keep defending them. It says a lot.
 
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I bet most of you wouldn't lift a finger to help others. All of us should go to Africa and volunteer for at least a year. What's a year for us middle-class people anyway? Why don't we all donate at least 0.006% of our earnings? You have to remember not everyone at Apple makes hundreds of millions.
 
Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_0_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9A405 Safari/7534.48.3)

What people seem to forget is that Apple operates in more than one county, should they give money to charity in each country they sell products? Not all of Apple's money is in the U.S and moving it back is impossible due to U.S tax laws - so how should they solve that if they wanted to do more charity in the U.S.

Furthermore, it is not Apple's money to give away. That money belongs to the shareholders. Giving away "a few hundreds millions" would be stock suicide resulting in workers getting fired. How does that benefit society?
 
AlphaDogg said:
I didn't know apple had any programs like this. Kudos to you, Apple!
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they didn't until after Steve Jobs was no longer CEO.
Apple program still lags behind other big companies programs but is a massive step forward in the right direction.
 
*LTD* said:
So what? Apple doesn't run a charity.

Their job is consumer products. And they're killer in that department.

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[/COLOR]
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They are killer... just look at all the Foxconn workers who died.

Sarcasm aside - as discussed on other threads - Apple could definitely put an even bigger dent in the universe if they mandated better wages and working conditions at Foxconn (if they are going to be outsourcing there) at the very least.

But I am very happy that Tim Cook at the very least put the company match back into effect.
 
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*LTD* said:
So what? Apple doesn't run a charity.

Their job is consumer products. And they're killer in that department.

----------

[/COLOR]


Not Apple's problem.

Forward your complaints to Capitol Hill.
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Are you personally employed by apple to dismiss any anti-apple activity?
 
I majored in economics but I took marketing courses and giving the illusion you care is just as good as caring. The free market doesn't care about people. The reason apple's even in the position to donate so much cash is because of free market capitalism. Just saying, i'm sure theres more intelligent people here.
 
AppleScruff1 said:
They didn't do anything for charity for the past 15 years. It's about time they do something like every other major company in the country does. Their charitable work was a joke under Uncle Steve.

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That doesn't benefit people who need charity.
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You're wrong on so many levels...

How many people does Apple employ around the world (directly, and indirectly)? How much money do these people pay in taxes around the world?

Do you really think that paying a couple million in charity money has the same effect as putting that same money towards a new product? A new product that could take off, and have create waves down the supply chain for production and manufacturing?

Donating for the sake of "donating" is pointless. Use your money how you see fit.
 
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Rodimus Prime said:
AlphaDogg said:
I didn't know apple had any programs like this. Kudos to you, Apple!
Click to expand...

they didn't until after Steve Jobs was no longer CEO.
Apple program still lags behind other big companies programs but is a massive step forward in the right direction.
Click to expand...

And the assumption is that Steve, as chairman when this program was launched, didn't okay it? Apple giving money to charity did never have anything to do with SJ.
 
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