Our commitment to charitable giving and participation in philanthropic causes is one of the defining elements of Edwards Lifesciences’ culture. We feel fortunate to be able to support many health- and community-focused programs through grants to non-profit organizations from the Edwards Lifesciences Foundation. In addition, we provide numerous monthly opportunities for our employees to volunteer in our communities with an aspiration that we will reach 100 percent participation each year.
Our Foundation evaluates all grant applications during our annual grant cycle, through which a majority of our giving is done. The grant cycle opens with a call for applications in late spring, applications are evaluated by our committees in late summer through early fall, and grantees are notified in late fall.
U.S.-based organizations must be a tax-qualified charitable organization by demonstrating 501(c)(3) tax status, and qualifying as a not-for-profit public charity as defined by Section 509(a)(1), (2), or (3) of the Internal Revenue Code. Organizations based outside the U.S. must be a public charity substantially similar in governance, operation and mission to qualified U.S.-based organizations.
Additionally, all grant applicants must: (1) meet the grant type criteria; (2) complete the appropriate application; and (3) provide appropriate supplemental information (e.g., qualifying tax status, supporting financial statements and program budget).
The committees of our Foundation prefer to evaluate all grant applications during our Foundation’s annual grant cycle, through which a majority of our Foundation’s giving is done. This process typically involves opening the grant cycle for applications in late spring, evaluating applications in late summer through early fall, and announcing grant recommendations in late fall.