December 18, 2020
Edwards Gives Nearly $20 million in 2020, Almost Doubling Annual Support of Charitable Causes
This year has been one of unprecedented challenges for underserved patients and communities. We have listened to our trusted charitable partners, communities and employees on how we can best use the power of giving to help those in need. While we remain focused on our long-term goals, we have also pivoted our philanthropy to help those facing the greatest needs in these difficult times. From the COVID-19 pandemic and its impact on patients and our communities, to the racial equity conversation sweeping the globe, now more than ever, there is an urgent need to connect, support, give and grow together.
This year started out on an incredible high: in February, we announced our Every Heartbeat Matters (EHM) initiative, first launched in 2014 with a goal of impacting the global burden of heart valve disease by educating, screening and treating one million underserved people, had greatly surpassed our goal. The more than 60 charitable partners of this global community blew us away by impacting over 1.7 million underserved people and partnered with us to set an even bolder commitment to help 2.5 million additional underserved patients by 2025.
The vibrant energy and inspiration coming from this milestone achievement quickly shifted to new concerns as reality set in about the impact the pandemic will have on patients and our neighbors…particularly those most underserved. Those who struggled before are at an even greater disadvantage now.
Despite these hardships, we know that challenges spur innovation, and we continue to be energized by the new ways charitable partners are helping.
2020 will be our most significant year of giving yet as we nearly double giving to support almost $20 million in charitable causes.
Highlights for 2020 include:
- More Foundation Funding:
- New Funding for Urgent Needs: Issued emergency grants to organizations serving on the frontlines of COVID-19 and providing community safety net services such as financial assistance for food, medication and rent to vulnerable communities (see list below).
- Pivoted Existing Funding: Enabled previously issued grants to be used to address the most urgent need of today’s environment, such as:
- Partnering with our EHM partners unable to execute portions of programs due to restrictions on travel to re-purpose funds to meet immediate needs,
- Supporting COVID-19 testing sites in underserved communities,
- Moving clinical education to virtual settings,
- Performing research and education on COVID-19 impact on structural heart disease patients, and
- Redirecting funding on STEAM education to hunger and housing.
- Expedited Funds: As non-profits struggle with reduced operational support and increased demand, we bypassed our annual grant cycle process for long-term relationships, providing trusted partners with emergency safety net and patient service grants immediately.
- Addressed Urgent Needs: For new funding issued via our annual grant cycle, our global committee of reviewers honed in on the most urgent needs, making hard decisions. Funding included a specific focus on operational support for our trusted partners.
- Focused on eight trusted EHM partners to address U.S. black patient health care gaps for structural heart and critical care patients.
- Product Donations for Urgent Humanitarian Patient Support: We are significantly increasing donations of Edwards technologies for humanitarian care in partnership with MAP International. This includes donations of our most advanced Critical Care monitors and sensors, focusing on Dominican Republic and Puerto Rico, as well as urgently need heart valves and rings for patients in struggling healthcare systems around the world.
- Amplified Employee Giving: Employees asked, “How can I help?” From sewing masks for local non-profits, to working at drive-through food pantries, to helping at-risk youth, the generosity of our global employees continues to lift our spirits and we amplified this by:
- Instating a new clinical volunteer policy, allowing employees with relevant and needed clinical skills to take up to two weeks of paid leave to support hospitals treating COVID-19 patients,
- Supporting critical care clinical employees giving Edwards time to train frontline clinicians caring for underserved patients, as well as provide ongoing real-time support when needed, and
- Tripling employee gifts through our employee matching gift programs at an elevated $2:$1 (vs. $1:$1) level, resulting in nearly 20 percent of our Foundation grants to be focused on matching employee donations, and campaigns to help global communities.
- In-Kind Donations: In addition to leveraging our Foundation, our employee time, and our medical technologies, we thought creatively about other opportunities to make a difference at the time of heightened need.
- Our Irvine headquarters café team donated over 20,000 meals and 3,400 hours of team member’s time to local homeless shelters experiencing increased demand from clients suffering from economic downfall, also keeping our café employees working with purpose,
- Our IT team donated over 100 repurposed computers for at-risk youth in Orange County, as more students struggled with online learning, and
- In China, we donated nearly 200,000 pairs of gloves and masks protecting healthcare workers in Wuhan that were running out personal protective equipment.
We thank all our partners for joining us in improving the lives of underserved patients and strengthening our global communities. We all have something we can give. Will you join us?
Edwards Lifesciences Foundation COVID-19 Hardship Relief Grants
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