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Corporate Social Responsibility
News
3.06.2007 - 09:00am ET
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Baxter and its Foundation Contribute More Than $35 Million in 2006 to Address Local and Global Critical Needs
(CSRwire) DEERFIELD, IL.- March 6, 2007 – Baxter International Inc. and The Baxter
International Foundation, the philanthropic arm of Baxter, today announced
their combined 2006 charitable giving, which focused on increasing access
to healthcare, helping developing nations and countries in crisis, and
addressing other critical community needs. In 2006, combined giving from
the company and its foundation totaled more than $35 million,
comprising:
$16.5 million from Baxter's businesses and facilities to address
critical local needs;
$14.8 million from donations of Baxter products to developing nations
and countries in crisis; and
$4.2 million from The Baxter International Foundation, including $3.1
million in worldwide grants awarded, and more than $599,000 from the
foundation's Dollars for Doers and Matching Gifts programs in support of
employees' philanthropic efforts.
"As a healthcare company that focuses on creating life-saving products
and therapies, making a positive impact on the health and well-being of
our local and global communities is a natural extension of our business,"
said Robert L. Parkinson, Jr., Baxter's chairman and chief executive
officer. "Addressing critical community needs, such as increasing access
to healthcare and helping developing nations and countries in crisis, is a
part of our higher purpose that binds Baxter as a company and as global
citizens."
Baxter Provides Global Disaster Relief Support
The company's 2006 charitable giving included more than $4 million in
support of relief efforts for individuals recovering from the aftermath of
worldwide disasters, including Hurricanes Katrina and Rita and the
earthquake in India and Pakistan. The Baxter International Foundation
committed more than $1.5 million in grants to organizations dedicated to
disaster relief, in addition to more than $50,000 in employee
contributions and matching gifts from Baxter and the foundation. At the
same time, with the help of international relief agencies, the company
donated more than $3 million of needed Baxter products to victims of these
disasters.
In 2006, The Baxter International Foundation Health Recovery Fund was
established by a $750,000 grant made from The Baxter International
Foundation to the Foundation for the Mid South (FMS), a regional
development foundation serving Arkansas, Louisiana and Mississippi. The
donor-advised Fund provides incremental grants to support community-based
health care clinics, nonprofits, and other community-based health services
for restoration efforts after Hurricanes Katrina and Rita. In July, the
Robert Wood Johnson Foundation underscored the importance of the fund by
providing a matching grant of $500,000 to the Fund’s granting pool,
contributing to the $1,083,813 in total grant dollars that were awarded by
FMS in 2006 to 18 organizations.
Donations through Baxter, its foundation, and Employee Matching Gifts,
helped to support earthquake relief efforts in India and Pakistan. Baxter
donated more than 280,000 doses of the company's NeisVac-C vaccine, a
conjugated meningococcal group C vaccine, to International Health Partners
(IHP), a charitable organization dedicated to providing donated medical aid
to communities in the developing world. The donation helped to complete the
inoculation of the nearly 500,000 earthquake victims at risk of contracting
meningitis in Kashmir. The vaccine donation followed a $250,000 grant
awarded by The Baxter International Foundation to CARE USA, one of the
world's largest private international relief and development
organizations, to support the earthquake relief efforts. Additionally,
Baxter matched qualifying contributions made by employees on a 2-to-1
basis, providing an additional $50,000 to aid victims of the disaster.
Product Donations Help Countries Worldwide
Baxter donated more than $14.8 million in vital medical products to more
than 44 countries in 2006. The majority of product donations were
distributed through the international disaster relief and humanitarian aid
organization AmeriCares. To expand its reach and maximize its giving,
Baxter also partnered with Direct Relief, a non-profit, non-sectarian
humanitarian assistance organization based in California, which has a
priority focus on contributing to sustainable initiatives in Africa.
Other Foundation Grants Aim to Improve Healthcare Worldwide
In 2006, The Baxter International Foundation awarded grants totaling $4.2
million to nearly 70 organizations in 20 countries. Through its grant
program, the foundation funds initiatives that improve global access to
quality and cost-effective healthcare. Specifically, grants awarded in
2006 will help promote health education to children, provide mental health
services to low-income youth, increase clinical services for women who are
homeless or experience domestic violence, and improve access to healthcare
for children, the uninsured and the elderly.
Through one of the grants, the foundation partnered with Charities Aid
Foundation in New Delhi, India, to establish a chronic care initiative to
increase awareness and improve access and availability of treatment
options for conditions such as heart disease, diabetes and obesity among
high-risk populations. The $260,000 grant will be distributed over a
two-year period.
Additional organizations that received grants in 2006 from the foundation
include:
Howard Brown Health Center, to support a new initiative to increase
access to healthcare for aging lesbian, gay, bisexual, transgender and
other seniors in the Chicago area.
Rose Cherry’s Home for Kids (The Cedarbrook Society), to establish
a volunteer program to support the provision of pediatric hospice,
palliative and respite care for children and their families in Milton,
Ontario, Canada.
Caritas Switzerland, to establish a center in Switzerland to provide
referrals for female immigrants and information, training and networking
for healthcare specialists regarding treatment and care related to female
genital mutilation.
A full listing of The Baxter International Foundation grants awarded in
2006 can be found at www.baxter.com/grants.
About Baxter
The Baxter International Foundation, the philanthropic arm of Baxter
International Inc., helps organizations expand access to healthcare in the
United States and around the world. The foundation, established in 1981,
began to focus exclusively on increasing access to healthcare in 2002 -
particularly for the disadvantaged and underserved - in communities where
Baxter employees live and work. To learn more about the foundation, please
visit http://www.baxter.com/about_baxter/foundation.
Beyond its charitable giving, Baxter's commitment to advancing
environmental stewardship and social responsibility spans nearly three
decades. The company has been recognized by Innovest Strategic Value
Advisors as one of the Global 100 Most Sustainable Corporations in the
World and by Corporate Responsibility Officer magazine as one of the 100
Best Corporate Citizens in the United States. Baxter is a member of the
Center for Corporate Citizenship at Boston College, the Business
Environmental Leadership Council of the Pew Center on Global Climate
Exchange, the Chicago Climate Exchange, the U.S. EPA's Climate Leaders,
the Ethics & Compliance Officer Association and Hospitals for a Healthy
Environment. Baxter endorses the Ceres principles and is an
organizational stakeholder of the Global Reporting Initiative. To learn
more about Baxter’s sustainability initiatives, please visit www.baxter.com/sustainability.
Baxter International Inc. (NYSE:BAX), through its subsidiaries, assists
healthcare professionals and their patients with the treatment of complex
medical conditions, including hemophilia, immune disorders, cancer,
infectious diseases, kidney disease, trauma and other conditions. The
company applies its expertise in medical devices, pharmaceuticals and
biotechnology to make a meaningful difference in patients' lives.
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