Caterpillar Raises $15.2 Million for United Way, Named a 2025 Leading Corporate Partner
Rhea-AI Summary
Caterpillar (NYSE: CAT) employees, retirees and the Caterpillar Foundation pledged $15.2 million to United Way chapters across the United States, Mexico, Canada and Panama as part of the 2025-2026 campaign, matching last year's record amount.
The company reported over 12,000 volunteer hours from employees through a Foundation volunteer match program and noted that since 2000 more than $251 million has been raised for United Way. Caterpillar and the Foundation were named a 2025 Leading Corporate Partner for raising more than $5 million annually. The Foundation also awarded a two-year $250,000 grant to United Way of Metropolitan Dallas for Pathways to Work workforce training.
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Funds will help individuals and communities thrive across
Caterpillar employees also recorded over 12,000 volunteer hours through the Caterpillar Foundation Volunteer Service Match Program during August and September, which garnered additional matching funds for charities in Caterpillar communities.
"Giving back isn't just what we do at Caterpillar—it's who we are," said Joe Creed, Caterpillar CEO. "For 100 years, we've supported the places where we live and work, knowing that stronger communities benefit us all. We are grateful to our employees and retirees for their generosity and commitment to making a positive impact around the world."
Commitment to Giving
For more than 70 years, United Way has been Caterpillar's only annual solicitation for funds to its employees and retirees. The Caterpillar Foundation matches Caterpillar employees and retirees' donations dollar-for-dollar. Since 2000, more than
Caterpillar employees and retirees' dedication to the United Way haven't gone unnoticed – Caterpillar and Caterpillar Foundation was recently named a 2025 Leading Corporate Partner, a new United Way recognition program for corporate partners who raise more than
Expanding Support
The Caterpillar Foundation is proud to announce a two-year,
"The Foundation's mission is to build thriving communities by investing in the skills people need to succeed in the workforce," said Caterpillar Foundation President Asha Varghese. "Through our expanded collaboration with the United Way of Metropolitan Dallas, we are helping
About Caterpillar
With 2024 sales and revenues of
About Caterpillar Foundation
Since its founding in 1952, the Caterpillar Foundation has contributed to helping improve the lives of people around the world. As a company, Caterpillar works alongside its dealers and customers to build the societal infrastructure needed to make the world run. Caterpillar Foundation focuses on the complementary human, natural and basic services infrastructure needed for individuals to thrive and communities to be resilient. Learn more at caterpillar.com/foundation and on LinkedIn.
Forward Looking Statements
Certain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "forecast," "target," "guide," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance and speak only as of the date they are made, and we do not undertake to update our forward-looking statements. Caterpillar's actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global and regional economic conditions and economic conditions in the industries we serve; (ii) commodity price changes, material price increases, fluctuations in demand for our products or significant shortages of material; (iii) government monetary or fiscal policies; (iv) political and economic risks, commercial instability and events beyond our control in the countries in which we operate; (v) international trade policies and their impact on demand for our products and our competitive position, including the imposition of new tariffs or changes in existing tariff rates; (vi) our ability to develop, produce and market quality products that meet our customers' needs; (vii) the impact of the highly competitive environment in which we operate on our sales and pricing; (viii) information technology security threats and computer crime; (ix) inventory management decisions and sourcing practices of our dealers and our OEM customers; (x) a failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures or divestitures; (xi) union disputes or other employee relations issues; (xii) adverse effects of unexpected events; (xiii) disruptions or volatility in global financial markets limiting our sources of liquidity or the liquidity of our customers, dealers and suppliers; (xiv) failure to maintain our credit ratings and potential resulting increases to our cost of borrowing and adverse effects on our cost of funds, liquidity, competitive position and access to capital markets; (xv) our Financial Products segment's risks associated with the financial services industry; (xvi) changes in interest rates or market liquidity conditions; (xvii) an increase in delinquencies, repossessions or net losses of Cat Financial's customers; (xviii) currency fluctuations; (xix) our or Cat Financial's compliance with financial and other restrictive covenants in debt agreements; (xx) increased pension plan funding obligations; (xxi) alleged or actual violations of trade or anti-corruption laws and regulations; (xxii) additional tax expense or exposure, including the impact of
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SOURCE Caterpillar Inc.