Tuesday, July 24, 2012

Texas Instruments Foundation

The Texas Instruments Foundation, established in 1952 and incorporated in 1964, was built on the idea that their communities are their greatest resources and should share in TI's success. The TI Foundation, funded by TI, is a separate, 501(c)(3) organization. It comprises a 10-member board, which meets quarterly to determine what grants to support. In 2008, the TI Foundation paid $7.8 million in grants and matching gifts.

The TI Foundation established a matching gifts program in 1970 to encourage U.S. employees, retirees and directors to contribute to public and private educational institutions. TI encourages their donations by matching their support to eligible education as well as arts and cultural groups – up to $10,000 per person per category each year. Their matching gifts program continues to evolve. In 2008, the program began offering the ability to apply for matching funds online in addition to phone or mail.

Applications for TI grants are currently accepted online. Unsolicited charitable funding is reserved for 501(c)(3) non-profits, primarily in the Dallas area, that support or promote any of our giving initiatives. TI and the TI Foundation focus giving in key areas important to their company and their communities.

One of the key areas is Education. TI Foundation seeks to increase the number of U.S. high school graduates who are math- and science-capable with algebra-based initiatives for eighth-grade students and programs reaching minority and female students.

This may be a good funding opportunity for BDPA Dallas chapter or National BDPA ... don't you think?

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