Businesses Invest in our Future by Investing in Education

February 7, 2018

At the Chamber Foundation, we know that when businesses do well, they do good. This has become apparent in recent months by the hundreds of companies announcing increases their charitable giving and community investments as a result of the recent tax reform.

The Chamber Foundation is tracking these announcements and one theme that emerged is an increased investment in education. The business community understands that their future competitiveness is directly tied to being able to hire and retain an educated workforce. That’s why it’s no surprise that companies are announcing investments in education, particularly STEM education, as a result of the recent tax reform.  Some of the recent announcements include:

  • Cognizant—As one of the largest technology employers in America, Cognizant understands the importance of a STEM-educated workforce. The company announced a $100 million investment to form the Cognizant U.S. Foundation, which will focus on digital education and skills training initiatives across the United States.
     
  • PNC—The financial services company PNC announced a $200 million contribution to the PNC Foundation, which supports early childhood education through PNC’s Grow Up Great® initiative.
     
  • Apple—As part of their pledge to invest an additional $350 billion into the U.S. economy, Apple announced it will increase support of coding education and science, technology, engineering, arts, and math. With increased support for U.S. manufacturing.

If your company is making a greater investment in education or access to STEM in 2018, please let us know by emailing our team.