The FINANCIAL - American Express announced partnership with GlobalGiving

American Express announced partnership with GlobalGiving

American Express announced partnership with GlobalGiving

The FINANCIAL -- To enable its colleagues around the world to back causes that matter to them, American Express (NYSE: AXP) today announced a partnership with GlobalGiving, a one-stop solution for charitable giving. Through the partnership, eligible American Express colleagues in more than 30 locations will be able to make donations to projects submitted to GlobalGiving by vetted nonprofit organizations in over 170 countries, and have their contribution matched by the American Express Foundation. The partnership extends American Express’ long-time gift-matching program, Give2Gether, which is currently available to colleagues in the U.S., Canada and India. American Express colleagues outside these countries now are able to make charitable contributions to various social impact projects and have them matched by the American Express Foundation, up to program limits, making it the first financial services company to launch a year-round global employee gift-matching program with GlobalGiving.

“Our colleagues are passionate about helping drive positive change in their local communities through American Express’ volunteer, environmental clean-up and charitable giving programs,” said Timothy J. McClimon, President, American Express Foundation. “At a time when nonprofit organizations are facing significant challenges stemming from the impacts of the COVID-19 pandemic, social inequality, climate change and other pressing issues, we are pleased to provide another way for more colleagues to give back to their communities through our partnership with GlobalGiving.”

Launched in 2002, GlobalGiving connects nonprofits, donors and companies around the world. Since its founding, GlobalGiving, which itself is a U.S. tax-exempt charitable organization, has helped raise more than $500 million to fund 27,000 projects. All nonprofits undergo a rigorous review by GlobalGiving, which also requires the organizations to provide documentation about the projects they submit to the platform.

“The nonprofits in GlobalGiving’s community are tackling some of the world’s most pressing challenges, from expanding access to health care and education in underserved communities to working to dismantle racism and gender inequality,” said Alix Guerrier, Chief Executive Officer of GlobalGiving. “Our partnership with American Express will further help these vital organizations get the critical resources they need to deliver on their mission.”

American Express’ partnership with GlobalGiving builds on the company’s existing efforts to help colleagues impact their communities. Last year, more than 29,000 colleagues donated to 3,800 charities through the Give2Gether gift matching program, raising $5.6 million that the company matched. Through the company’s Serve2Gether volunteer program, colleagues participated in more than 30,000 volunteer opportunities in 15 countries last year. In response to the COVID-19 pandemic, this year American Express adapted its volunteer program to enable colleagues to participate in virtual opportunities.

Author: The FINANCIAL