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Caterpillar raises record $14.8 million in United Way campaign

By Stephen Elliott

October 15, 2023

CaterpillarCaterpillar fundraising campaign, Irving, Texas, and its employees and retirees, together with the Caterpillar Foundation, the philanthropic organization of Caterpillar, have pledged more than $14.8 million to the United Way chapters across the United States, Mexico, Canada and Panama as part of its 2023-2024 campaign. The campaign achieved a record-breaking amount, and a $1 million increase, for the second year.

Employees donated to the United Way campaign and recorded over 5,000 volunteer hours through the Caterpillar Foundation Volunteer Service Match Program during August and September, which will generate additional matching funds for charities in Caterpillar communities.

“I want to express my sincere thanks to our employees and retirees whose incredible generosity is demonstrated by our campaign increase from $12.8 million in 2021 to $14.8 million this year, continuing to create a profound impact in our global communities,” said Jim Umpleby, Caterpillar chairman and CEO.

The United Way has been Caterpillar’s only annual solicitation for funds to its employees and retirees for over 70 years. The Caterpillar Foundation matches employee and retiree donations dollar for dollar. Over the past two decades, more than $210 million has been raised during the annual campaign.

“Caterpillar continuously demonstrates the ability to make a positive difference in so many lives. United Way Worldwide is grateful for the continued and tremendous support, and these donations will enable local United Ways to carry out essential initiatives and reach more individuals in need,” said Angela Williams, United Way Worldwide president and CEO.

Caterpillar is part of the United Way’s Global Corporate Leadership Program, which includes 86 corporate partners that raise more than $800 million annually. There are more than 1,100 United Way chapters globally, and Caterpillar’s annual campaign supports 542 of these chapters where the company’s employees live and work.