Employees Community Fund of Boeing St. Louis Raises $2.6M for Local Charities
ST. LOUIS, July 8, 2011 -- The Boeing Company [NYSE: BA] today announced that the Employees Community Fund of Boeing St. Louis raised more than $2.6 million during its 2011 annual campaign. The money will be dispersed to more than 300 local charities in the categories of health and human services, education, civic, environment, and arts and culture.
The ECF of Boeing St. Louis is an employee-owned and -directed giving program that allows employees to support the needs of the St. Louis community via tax-deductible recurring payroll deductions or one-time gifts. Boeing pays all administrative costs for the ECF so that 100 percent of every employee dollar contributed supports the community.
“We are proud to have employees so committed to helping our community, especially in the current economic environment,” said Julie Praiss, Boeing Tactical Aircraft & Weapons Support director and 2011 ECF of St. Louis campaign chairperson. “With the power of the ECF pool, Boeing employees are able to combine their individual resources to make a real difference to those in need.”
The ECF of Boeing St. Louis is one of approximately 20 local ECF funds throughout the world. More than 4,000 nonprofit organizations benefit from the average $31 million in employee contributions each year. More information is available at the ECF page on the Boeing website.
St. Louis is the headquarters for the Boeing Defense, Space & Security business unit. It employs approximately 15,200 employees and is Missouri’s largest manufacturer and second-largest employer. Key products manufactured at the site include F/A-18s, F-15s, C-17s and weapons.
A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $32 billion business with 65,000 employees worldwide. Follow us on Twitter: @BoeingDefense.
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Boeing Defense, Space & Security