Medtronic’s disaster response and relief funding typically comes in the form of annual gifts to big organizations such as the American Red Cross and the International Federation of Red Cross and Red Crescent Societies. The organization has changed things up just a little bit with its $1 million donation of time, money, and supplies in response to the two earthquakes that hit Nepal recently.
Medtronic’s annual funding to the American Red Cross and the International Federation of Red Cross and Red Crescent Societies is more proactive in that it’s allocated for both organizations to better prepare and respond to unforeseen disasters and emergencies. This makes sense given that no one can predict exactly when disaster will strike. The organization has changed things up just a little bit with its disaster response and relief donations by adding three organizations into its funding fold.
Of the $1 million give, only around $160,000 came in the form of cash, with most of that money directed to the American Red Cross, which in turn will hand off those funds to the Nepal Red Cross to aid with recovery efforts and the provision of basic needs for those displaced by the disaster.
Meanwhile, money raised from employee donations will be directed to various relief organizations working in the area. We expect the employee donations to keep growing in the coming weeks as more Medtronic employees pony up funds. Those donations will be augmented by the dollar-for-dollar match offered up by Medtronic Philanthropy. The company also offered paid leave to employees wishing to volunteer with relief efforts in Nepal. This program is ongoing through the company’s Disaster Relief Paid-Leave Volunteer Program.
The largest portion of Medtronic’s donations come in the form of $780,000 worth of medical supplies, which will be split among AmericCares, Direct Relief, and Project Hope. This donation includes spine and cervical fusion kits to treat crush injuries, wound care products, and masks.
Though Medtronic does donate to emergency relief and response efforts, this isn’t a huge funding space for the company and its philanthropy. Typically, Medtronic focuses its philanthropic efforts on improving access to health care related to noncommunicable diseases such as diabetes and heart disease. Though Medtronic did offer funding in an effort to combat the Ebola outbreak last year, such grants are typically one-offs rather than the norm.