Dell Inc. is an American privately owned multinational computer technology company based in Round Rock, Texas, United States, that develops, sells, repairs and supports computers and related products and services. Bearing the name of its founder, Michael Dell, the company is one of the largest technological corporations in the world, employing more than 103,300 people worldwide.
Dell sells personal computers, servers, data storage devices, network switches, software, computer peripherals, HDTVs, cameras, printers, MP3 players and also electronics built by other manufacturers. The company is well known for its innovations in supply chain management and electronic commerce, particularly its direct-sales model and its “build-to-order” or “configure to order” approach to manufacturing—delivering individual PCs configured to customer specifications. Dell was a pure hardware vendor for much of its existence, but a few years ago with the acquisition of Perot Systems, Dell entered the market for IT services. The company has since made additional acquisitions in storage and networking systems, with the aim of expanding their portfolio from offering computers only to delivering complete solutions for enterprise customers.
Dell is listed at number 51 in the Fortune 500 list. In 2013 it was the third largest PC vendor in the world after Lenovo and HP. Dell is currently the #1 shipper of PC monitors in the world. Dell is the sixth largest company in Texas by total revenue, according to Fortune magazine. It is the second largest non-oil company in Texas – behind AT&T – and the largest company in the Greater Austin area. It was a publicly traded company (NASDAQ: DELL), as well as a component of the NASDAQ-100 and S&P 500, until it was taken private in a leveraged buyout which closed on October 30, 2013.
Dell traces its origins to 1984, when Michael Dell created PC’s Limited while a student of the University of Texas at Austin. The dorm-room headquartered company sold IBM PC-compatible computers built from stock components. Dell dropped out of school to focus full-time on his fledgling business, after getting about $300,000 in expansion-capital from his family. In 1985, the company produced the first computer of its own design, the Turbo PC, which sold for $795. PC’s Limited advertised its systems in national computer magazines for sale directly to consumers and custom assembled each ordered unit according to a selection of options. The company grossed more than $73 million in its first year of operation.
In 1986, Michael Dell brought in Lee Walker, a 51-year-old venture capitalist, as president and chief operating officer, to serve as Michael’s mentor and implement Michael’s ideas for growing the company. Walker was also instrumental in recruiting members to the board of directors when the company went public in 1988. Walker retired in 1990 due to health, and Michael Dell hired Morton Meyerson, former CEO and president of Electronic Data Systems to transform the company from a fast-growing medium-sized firm into a billion-dollar enterprise.
The company changed its name to Dell Computer Corporation in 1988 and began expanding globally. In June 1988, Dell’s market capitalization grew by $30 million to $80 million from its June 22 initial public offering of 3.5 million shares at $8.50 a share. In 1992, Fortune magazine included Dell Computer Corporation in its list of the world’s 500 largest companies, making Michael Dell the youngest CEO of a Fortune 500 company ever.
In 1993, to complement its own direct sales channel, Dell planned to sell PCs at big-box retail outlets such as Wal-Mart, which would have brought in an additional $125 million in annual revenue. However, Bain consultant Kevin Rollins persuaded Michael Dell to pull out of these deals, believing they would be money losers in the long run. Indeed, margins at retail were thin at best and Dell left the reseller channel in 1994. Rollins would soon join Dell full-time and eventually become the company President and CEO.
Now we’ll see about Giving & Matching Programs of Dell in details.
The Dell Employee Giving Program is one more easy, convenient and flexible way to give. The Program allows you to maximize your donation by matching up to $10,000.00 per employee per calendar year, January 1st through December 31st. There are multiple ways to give: donating directly to the charity or creating a fundraising page to get your co-workers to donate to your cause.
You can donate to charities that are US registered charities 501c3 organizations, Global Giving (US registered charity) international projects, and organizations that have been through the US 501c3 equivalency process which are Dell partners.
Tax-exempt status is not the same as 501(c)(3) status. It is the charity’s responsibility to obtain 501(c)(3) status by March 31 to determine their eligibility status for matching funds. Dell does not certify 501(c)(3) status for Registered Charitable Organizations; that is the responsibility of the IRS. Before disbursements can be made to an organization through the Employee Giving Program, each organization must be determined eligible to participate. Eligible organizations must be tax exempt pursuant to Section 501(c)(3) of the Internal Revenue Code Employees participating in the Make a Difference Employee Giving Program may give to any approved organization that has the Green Donate Now button within the Dell Make a Difference tool, including international organizations associated with Global Giving projects and be matched.
There is not a transaction fee for you as contributor through our Dell program. Dell Giving pays for all fees associated with the program and donates 4.75% of your transactions to Network for Good to fund their mission. For Global Giving projects embedded within the Make a Difference site, Dell covers the 5.0% administration fee they charge.
We use industry-leading Secure Socket Layer (SSL) technology to keep your personal information as secure as possible. We protect your information by working with partners that provide a secure and safe environment for credit card donations. Our platform and the vendors we use are PCI compliant.
When you make an online donation, a donation receipt will be automatically emailed to you from Network for Good. When you file your taxes, you will need to itemize your donations on Schedule A of the 1040 form. You can download this form and the instructions for how to fill it out from the IRS Web site. Dell Donates to Nonprofit Organization.
Outside of the US team members – Please check your local tax laws to see if you are eligible for a tax benefit, for donating to US registered charities. Donating to charities that are not a US 501c3 registered charity or a vetted Dell charity, is against Dell’s legal policy. Our international processing partner is GlobalGiving.org, who is a US 501c3 registered charity. The GlobalGiving Foundation’s tax-exempt ID number is 30-0108263. All donations are tax-deductible for donors in the United States, and all projects on GlobalGiving.org have been pre -qualified for 501(c)3 equivalency status. GlobalGiving issues you a tax receipt immediately after making a donation.
When you make an online donation, a donation receipt will be automatically emailed to you from Network for Good. When you file your taxes, you will need to itemize your donations on Schedule A of the 1040 form. You can download this form and the instructions for how to fill it out from the IRS Web site. Outside of the US team members – Please check your local tax laws to see if you are eligible for a tax benefit, for donating to US registered charities. Donating to charities that are not a US 501c3 registered charity or a vetted Dell charity, is against Dell’s legal policy. Our international processing partner is GlobalGiving.org, who is a US 501c3 registered charity. The GlobalGiving Foundation’s tax-exempt ID number is 30-0108263. All donations are tax-deductible for donors in the United States, and all projects on GlobalGiving.org have been pre -qualified for 501(c)(3) equivalency status. GlobalGiving issues you a tax receipt immediately after making a donation.
Our recognition programs are about recognizing our team members around the world for their efforts in giving back to the community. Our approach to serving our communities reflects the way we serve our customers. We share our skills, build lasting relationships, stay connected to understand concerns and look for ways we can make a meaningful difference. Dell is full of heroes – team members who are making a difference. They don’t talk about it much because they don’t want to make a fuss. Yet we know they are out there, working side by side with each other and charitable organizations to contribute in meaningful ways. Through our team member recognition programs, employees are given the chance to once again, give back. In FY11 we launched the Global Volunteer Recognition Program. This program replaced the US teambuilding granting program.
In the immediate aftermath of a disaster, the challenge we all face is to understand the needs of those affected and find the best ways to assist quickly. Dell works with disaster relief organizations to get the information we need so we may respond effectively, whether by technology donations, funding support, on-the-ground clean-up help and more.
Disaster relief is one of the key focus areas of Dell’s Giving Program and with the experience we have garnered over time, we have worked to sharpen our disaster relief support.
Our approach to disaster relief leverages the following elements in specialized ways according to each event we are responding to:
- Dell’s products and solutions
- Our own team members’ time and expertise
- Strategic partnerships
- Our ability to give financially in times of crisis with corporate donations and our employee match program
Team member volunteers lead the charge when disasters strike
Our team members are an integral part of how we work to alleviate disasters and we leverage our expertise in technology solutions to connect our employees to opportunities to participate in disaster relief efforts.
To speed our response to disaster-victim needs, we mobilize our team members through social media. A home page banner on our intranet shares opportunities for giving and volunteering. Dedicated chat rooms enable team members around the world to collaborate virtually and synchronize their efforts for maximum impact. Through Dell’s online giving community, employees can communicate with one another, sign up for volunteer opportunities, donate online and track their giving.
