On Wednesday, April 1st, Intel celebrated the success of its 2008 Matching Grant initiative which rewarded 80 community organisations nationwide with €300,000.
A one million-hour volunteer challenge was posed to employees worldwide by Paul Otellini, Intel President and CEO to celebrate Intel’s 40th Anniversary. For every 1 hour volunteered by employees, Intel gave €7.50 to the selected organisation. The goal was to continue to give back to local communities by collectively donating employee time as well as donating much needed funds.
The 2008 Matching Grant initiative signified a major broadening of the Intel Foundation programme as part of Intel’s commitment to local communities. The programme, which was previously open only to schools, was extended beyond education to various non–profit organisations. The Intel Involved Matching Grant Programme was designed to recognise and motivate Intel employees globally to engage in outreach and volunteerism in order to make our communities a better place to live, work and play. The Intel Foundation then matched euros for every hour donated by the employees.
Martin Cullen TD, Minister for Arts, Sport and Tourism attending a special recognition event at Intel Ireland said “I would like to congratulate Intel employees who have given up their time to support this volunteer programme. I would also like to extend my congratulations to the organisations who are being awarded today with an Intel Matching Grant for these voluntary hours.” Minister Cullen added: “Intel Ireland should be very proud of this innovative volunteer initiative. Your example may encourage other businesses to become involved in similar programmes which would enable their employees to work on a voluntary basis and become involved in their local communities.”
The 80 organisations which were part of the Matching Grant initiative included charities such as the Irish Cancer Society and Dublin Simon Community, a variety of sporting clubs ranging from GAA to baton twirling and various other organisations such as animal sanctuaries and scouting groups.
“We are delighted to be able to support such a diverse group of organisations with such a substantial monetary contribution. Intel has a long and proud tradition of volunteering and we couldn’t have thought of a better way to celebrate our 40th Anniversary than by rewarding the communities in which we work and live” commented Jim OHara (General Manager, Intel Ireland, and Vice President, Technology Manufacturing Group). “Our employees volunteered more than 56,000 hours in 2008 and this remarkable achievement has made a real difference”.
The 56,000 hours volunteered by Intel Ireland employees throughout 2008 is the equivalent of 30 people working full time in the community for a whole year. The grant programme will continue through 2009 meaning that even more organisations will have the opportunity to benefit from the scheme.
Ireland is Intel's manufacturing and technology centre for Europe and the campus in Leixlip, Co. Kildare is one of Intel’s largest manufacturing sites, with over 5,000 employees and €6.0 billion Euro invested in turning the site into the most technologically advanced industrial campus in Ireland. Intel is very proud of this innovation driven commitment to Ireland and Europe and is determined to maintain its position as a leading European innovator in the 21st century.
Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.
Additional information about Intel is available at www.intel.com/pressroom.