3M 2005 Annual Report Download - page 18

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unique strengths
ingenious solutions
16
3M at work in the community
3M has a proud history of supporting communities where our employees
live and work. Our active involvement includes cash grants by 3M and
the 3M Foundation, extensive volunteerism by employees and retirees,
and donations of 3M products. This generous support is extended to
communities both in the United States and around the world.
Community giving. In 2005, 3M and the 3M Foundation contributed
more than $39 million in support of social services, education and
the environment. Following 2005’s devastating natural disasters,
3M moved quickly to provide products and cash for front-line disaster
relief and long-term recovery efforts. 3M, the 3M Foundation, 3M
employees and retirees rallied with donations of nearly $14 million
to support communities in crisis throughout the year. Donations for
tsunami relief efforts in Southern Asia and Africa totaled $4.5 million.
3M’s 2005 hurricane-relief donations following Hurricanes Katrina
and Rita in the Gulf Coast totaled more than $9 million – the largest
such gift in our company’s history. In 2005, the 3M Foundation also
allocated funds for earthquake relief in Pakistan and India.
In the United States, 3M is a major supporter of the United Way. In
2005, pledges to this organization by 3M employees, retirees and
the 3M Foundation reached a record high for the fourth consecutive
year. Together, these pledges totaled $8.3 million – money that will
benefit 75 United Ways and the millions of individuals they serve in
3M communities across the United States.
As a result of our tremendous support, the United Way of America
presented 3M with its highest tribute – the Spirit of America®Award.
This prestigious national award is given annually to the company
judged to have made the most comprehensive commitment –
companywide – to strengthening communities. Criteria include
corporate and employee community investment, community
leadership and employee engagement in their communities.
Volunteers play a vital role in 3M’s community outreach efforts.
To acknowledge their good work, the 3M Volunteer Match provides
money to nonprofit organizations where our employees and retirees
volunteer. During the year, this program provided funds to 567 schools
and nonprofit organizations in the United States. Over the past six
years, nearly $1.6 million has been distributed in the names of 7,900
3M volunteers through the Volunteer Match.
Our support of education emphasizes math and science. We reach
students and teachers from elementary schools through post-
secondary institutions.
3M’s Ingenuity Grants recognize exceptional math, science and
economics teachers in elementary and middle schools. These grants,
of up to $3,500 per person, went to teachers in 65 schools in nine
states in 2005. Additional grants supported teacher development
and advanced teaching methods to help raise student achievement
and increase the number of college-bound students, especially from
low-income families.
On the higher-education front, 3M Foundation grants support technical
school and college programs that foster an interest in technical and
business careers. In 2005, $7.6 million was earmarked for programs
at U.S. colleges, universities and technical schools.
3M’s support of education includes gifts
to institutions of higher education. In
2005, $7.6 million was earmarked for
programs at U.S. colleges, universities
and technical schools to better prepare
students for technical and business
careers.