Caterpillar Raises Record $15.2 Million in United Way Campaign

Core Insights - Caterpillar Inc. and its employees have pledged over $15.2 million to the United Way for the 2024-2025 campaign, marking a record-breaking amount for the third consecutive year [1][3] - The campaign saw an increase from $14.8 million in 2023 to $15.2 million in 2024, reflecting the generosity of employees and retirees [3] - Caterpillar Foundation's Volunteer Service Match Program recorded over 14,500 volunteer hours, generating additional matching funds for charities [2] Company Contributions - The Caterpillar Foundation has contributed nearly $935 million since its inception in 1952, focusing on building resilient communities [7] - Caterpillar's annual campaign supports 528 United Way chapters globally, where employees live and work [5] - The company is part of the United Way's Global Corporate Leadership Program, which includes 86 corporate partners raising over $1 billion annually [5] Historical Context - The United Way has been the sole annual solicitation for funds from Caterpillar employees and retirees for over 70 years [4] - Since 2000, the annual campaign has raised more than $236 million [4] Company Overview - Caterpillar Inc. reported sales and revenues of $67.1 billion in 2023, making it the world's leading manufacturer in construction and mining equipment [6] - The company operates through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation [6]