Macy's 2005 Annual Report Download - page 15

Giving Back to
Our Communities
At Federated, we don’t just draw on the strength of our communities
where we operate. We help sustain them. Giving back is part of who
we are as Macy’s and Bloomingdale’s. We help make our cities healthier,
stronger and more successful places through our corporate contributions,
employee volunteerism and community events.
A Multi-Faceted Approach
In 2005, cash contributions to charitable organizations by Federated, its divisions
and subsidiaries – including those made by the Federated Department Stores
Foundation and The May Department Stores Foundation – totaled approximately
$33.5 million. This includes more than $4.2 million from the Federated and May
Foundations as matching gifts that doubled the impact of associates’ contributions
to approximately 4,300 charities across America.
In addition, we raised nearly $10 million through customer and employee initiatives
such as the Thanks for Sharing gift rewards program, a nationwide relief campaign
for victims of Hurricane Katrina, and cause-related activities on behalf of breast cancer
research. Macy’s has extended through 2010 its national sponsorship of the American
Heart Association’s “Go Red for Women” campaign for heart health.
Partners in Time, the company’s nationally recognized employee volunteer program,
was honored in 2005 by the Points of Light Foundation as one of the nation’s best
workforce volunteerism initiatives. More than 108,000 hours were given in service
through Partners in Time last year.
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