preview

The General Motors ( Gm Foundation Essay

Decent Essays

The GM Foundation The General Motors (GM) Foundation was fashioned in 1976 with a purpose to support and strengthen communities across the country. However in the past year GM has decided to take the foundation in a new direction renaming it GM Philanthropy and Corporate Giving but the transition will not take place until the end of calendar year 2016 (Cain, 2016). The foundation focuses on donating money to projects in the areas of sustainability, STEM education, safety, and to teamGM Cares which is comprised of employees who give time to volunteer in the communities where GM operates (General motors, 2016). “In the last decade alone, the GM Foundation has provided more than $261 million in grants to American charities, educational organizations and to disaster relief efforts worldwide,” reports the foundation’s parent company, General Motors (General motors, 2016). All funding for the GM Foundation is provided by General Motors unless in cases where the foundation matches donations given by its employees. After recently pushing the foundation to expand its philanthropic reach, General Motors names Jackie Parker as the director, global philanthropy and corporate giving who has the daily tasks of accepting grant applications, selecting which grants fall under the foundation’s purpose, and seeing through all projects that are taken on by the organization (Welch, 2015). Although the Foundation has seen many great successes in recent years this has not always been the case as

Get Access