Back in early March, PTC made a strong statement in support of the Ukrainian people as they faced an unprovoked invasion from neighboring Russia.
As part of the statement, PTC pledged to donate $1 million to support ongoing humanitarian efforts for the Ukrainian people through its charitable foundation.
The pledge set into motion a thoughtful process, led by employees, to ultimately select a group of employee-nominated organizations working on the ground to deliver humanitarian aid and support to Ukrainians affected by the invasion. This employee-led process began with an opportunity for employees worldwide to nominate organizations to receive financial grants. As a global company, with many employees based in Europe and with many employees with connections to Ukraine, this process allowed us to tap into firsthand knowledge of organizations making an impact. The nomination process yielded nearly 70 distinct organizations – all worthy recipients.
Next, a globally diverse employee volunteer review committee was convened to vet the organizations and make recommendations to the PTC Foundation, which decided the final funding selections.
As a result of this process, we are happy to announce that $950,000 of direct funding has been allocated to the following organizations:
The 16 organizations are actively providing support to the Ukrainian people, from medical expertise and supplies to humanitarian aid to displaced/refugee assistance.
In addition to direct support for the selected organizations, PTC is also providing $50,000 to match employee donations to a broad range of organizations that are aiding in Ukrainian relief efforts.
“The way employees came together so quickly and passionately to make this happen is inspiring,” said Aaron von Staats, President of the PTC Foundation and PTC’s EVP and General Counsel. “In a matter of a few weeks, we were able to put together an inclusive, thoughtful process and provide timely support to organizations engaged in incredible relief work and making a significant impact on the ground in Ukraine.”
The PTC Foundation was founded in 2018 to formalize and expand on PTC’s three decades of corporate philanthropy. The foundation’s giving focuses on STEM and education, community support, disaster relief, and employee giving.
Learn how PTC is driving meaningful change through Corporate Social Responsibility.