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Sustained Giving Through the John Deere Foundation
Philanthropic efforts must be sustained to be effective in bettering communities and society in general. The work of the John Deere Foundation is one way the company's philanthropy is able to have lasting effects. The foundation was established in 1948 and, since its inception, has invested millions of dollars to support education, human services, community development, and arts and culture.
The foundation expanded its scope globally in 2005, and added Solutions for World Hunger as a fifth category of giving. As part of that expansion, the foundation established relationships with KickStart, the Food Resources Bank, the World Food Prize, and the Wheaton (Illinois) College Human Needs and Global Resources Program.
Growth Plans
The John Deere Foundation has doubled its annual giving over the past three years and anticipates awarding grants and gifts totaling $12 million in 2008. The foundation is currently funded by annual contributions from John Deere, but plans are under way to create an endowment fund by 2037, the company's 200th anniversary.
Guiding the work of the John Deere Foundation is a board of directors that meets regularly to review funding requests. The board bases its funding decisions on its categories of giving, the availability of funds, the expected success of a requestor's program, the program's effect upon John Deere employees, and the demonstrated level of community support.
To learn more about the Foundation, we encourage you to review the information at the links below.
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