Apple Inc. is an American multinational corporation headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers. Its best-known hardware products are the Mac line of computers, the iPod media player, the iPhone smartphone, and the iPad tablet computer. Its online services include iCloud, iTunes Store, and App Store. Its consumer software includes the OS X and iOS operating systems, the iTunes media browser, the Safari web browser, and the iLife and iWork creativity and productivity suites.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to develop and sell personal computers. It was incorporated as Apple Computer, Inc. on January 3, 1977, and was renamed as Apple Inc. on January 9, 2007, to reflect its shifted focus towards consumer electronics.
Apple is the world’s second-largest information technology company by revenue after Samsung Electronics, and the world’s third-largest mobile phone maker after Samsung and Nokia. Fortune magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012. On September 30, 2013, Apple surpassed Coca-Cola to become the world’s most valuable brand in the Omnicom Group’s “Best Global Brands” report. However, the company has received criticism for its contractors’ labor practices, as well as for its own environmental and business practices.
As of June 2014, Apple maintains 425 retail stores in fourteen countries, as well as the online Apple Store and iTunes Store, the latter of which is the world’s largest music retailer. Apple is the largest publicly traded corporation in the world by market capitalization, with an estimated market capitalization of $446 billion by January, 2014. As of September 29, 2012, the company had 72,800 permanent full-time employees and 3,300 temporary full-time employees worldwide. Its worldwide annual revenue in 2013 totalled $170 billion. As of Q1 2014, Apple’s five-year growth average is 39% for top line growth and 45% for bottom line growth. In May 2013, Apple entered the top ten of the Fortune 500 list of companies for the first time, rising 11 places above its 2012 ranking to take the sixth position.
In a recent interview with Bloomberg Businessweek, Apple’s CEO shared his personal thoughts on Apple’s matching gift and corporate giving programs. At Double the Donation, Apple knows that matching gift and volunteer grant programs are continuously evolving. Apple like to highlight the companies which enhance or introduce new employee giving programs which contribute to the increases in corporate donations over the years. In the past, Apple has covered companies such as Expedia, BP, Microsoft, and Walmart, but for this article we’d like to recognize Apple. Apple, as one of the world’s largest employers, continues to introduce new employee giving programs which benefit nonprofits across the world.
Tim Cook was the driver for instituting Apple’s matching gift program for employees. When asked about his personal philosophy regarding corporate philanthropy and matching gift programs, he emphasized the value of taking a bottoms-up approach to Apple’s corporate giving strategy.
So it’s not some corporate committee deciding, but it’s our 80,000 employees deciding what they want to do, and then we match it.
Back in November of 2011, a little over a month after Apple introduced the employee matching gift program; Apple announced company contributions had reached over $1.3 million dollars. This funding supports a wide range of organizations such as art museums, zoos & aquariums, schools, community organizations, etc. As we round out 2012, we’re eagerly awaiting results from Apple’s 2012 Corporate Citizenship Report to see the total contributions over the last year.
As we enter into 2013, we expect the company will shed light on the positive impact the program has had on community programs around the country. While still early, we anticipate the impact of Apple’s programs to rival those of other major tech employers throughout the country.
Apple Donates to 501c3. Apple matches employee donations to most nonprofits including Educational institutions (K-12 included), Health and human services, Arts and cultural organizations, Civic and community organizations, Environmental organizations, And many other nonprofits. apple continues donations to nonprofit organizations under 501c3
To be eligible, a non-profit organization must meet all of the following criteria: Must be based in the United States or in one of its possessions, Must be recognized by the Internal Revenue Service as tax-exempt, and designated a public charity under Section 501(c)(3) of the Internal Revenue Code.
Must be in compliance with the USA PATRIOT Act, Must be able to receive matching funds electronically from Apple, Must provide the Apple Matching Gifts Program administrator with information needed to verify its eligibility to receive a matching gift.
Eligible organizations may include, but are not limited to: accredited colleges and universities, private elementary and secondary schools, youth organizations, arts and culture organizations, museums, libraries, hospitals, health and human services agencies, and environmental organizations. Note that not all 501(c)(3) organizations qualify for the Apple Matching Gifts Program.
Must not discriminate on the basis of race, color, religion, sex, age, political affiliation, national origin, ethnicity,medical condition, disability, gender, sexual orientation, gender identity characteristics or expression, pregnancy, marital status, or veteran status, either in its selection of recipients of the organization’s services, funds, or other support; in the delivery of services; or in its employment practices.
