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Caterpillar Foundation Celebrates 70th Anniversary

Nov 7, 2022 | Industry Company Dynamics | 0 comments

This year marks the seventieth anniversary of the Caterpillar Foundation, the nonprofit organization of Caterpillar Inc. (NYSE: CAT)

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The Foundation has long been committed to helping build more vibrant communities. Throughout the year, the foundation works globally with a focus on vocational skills training, STEM education, sustainable natural infrastructure, access to basic services (water and energy), disaster preparedness and relief, employee volunteering and matching donations , helping communities around the world achieve sustainable progress.

Since its inception, the Caterpillar Foundation has invested $851 million to help improve the lives of people around the world.

 

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Caterpillar has a long history of sustainability and makes sustainability one of the company’s core values and one of its strategic priorities.


The Caterpillar Foundation adheres to a development strategy that is consistent with Caterpillar’s core corporate values and Caterpillar’s philosophy of serving society. Looking to the next 70 years, the Caterpillar Foundation will continue to prioritize investments in innovative and scalable unique solutions to address some of the world’s challenges.

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Caterpillar Foundation President Asha Vargis said:

We’re proud to build on our long-term support for communities around the world, and we’ll build on that. The spirit of giving has been part of Caterpillar’s DNA since its inception. Caterpillar employees, retirees and dealers have been generously giving back to the communities where we live and work. We believe that no organization, group or individual can achieve sustainable progress alone. The Caterpillar Foundation is honored to work with some organizations with global influence to build a better and more sustainable future for future generations. world.

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From its first donation to the local fire brigade in East Peoria, Illinois, in 1952, the Caterpillar Foundation has grown to invest in 110 countries on six continents, helping to build a dynamic and sustainable development community.

While celebrating its 70th anniversary, the Caterpillar Foundation will continue to work with key partners to actively support community development and focus on future planning priorities and goals. To commemorate the 70th anniversary milestone, the Caterpillar Foundation and partners participated in the United Nations General Assembly’s New York Climate Week, one of the many global platforms in which the Foundation participates.

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