Our corporate philanthropy serves the communities where we operate and aligns with our business objectives.
Leidos philanthropy improves the lives of our employees and residents of the communities where we live and work. Marshaling resources to this aim, we identify causes and organizations that align with our specific priorities and the unique needs of the communities where Leidos does business.
Specifically, we focus on:
- Building strong non-profit partnerships focused on overcoming important challenges of our time.
- Making charitable donations to qualified non-profits and also providing in-kind services and materials.
- Organizing company-sponsored volunteer opportunities for employees and also promoting their personal volunteerism interests.
- Supporting our internal Employee Resource Groups (ERGs) and their community outreach priorities.
- Collaborating with other stakeholders (e.g., chambers of commerce, academic institutions, and government agencies) to improve our local communities.
Charitable Giving & Volunteerism
During calendar year 2020, we donated $6.6 million to charitable organizations and over 24,000 volunteer hours. The graph below illustrates the distribution of our enterprise-wide charitable giving since calendar year 2017. We expect future charitable spending to be consistent with our 2020 spend and volunteering to steadily increase.
Leidos does not have a philanthropic foundation (beyond the Leidos Relief Foundation, a separate 501(c) (3) organization for Leidos employees to assist fellow employees during times of need) and does not generally accept unsolicited requests for grants, sponsorships or donations. To execute our giving strategy, we identify and reach out to those organizations that best align with our priorities and objectives as a company.
Specific to cause area, the following graph illustrates total Leidos 2020 charitable giving broken down by the company’s focus areas:
Volunteering continues to be an important component of the overall Leidos philanthropic profile and we recognize the unique value it brings to our employees, communities, customers and workplace. Our ongoing commitment continues to drive notable changes in our culture, reflected in how we select non-profit partners, plan outreach activities and recognize the successes of our passionate employee volunteers.
Employees contributed over 24,000 hours to company-sponsored outreach activities in 2020. At the end of July 2020, we implemented a new sustainability software to help track employee volunteer hours. Given the impact of the COVID-19 pandemic and the mid-year software implementation, our volunteer hour count is slightly lower than in prior years. In addition to supporting company-sponsored efforts (reported), Leidos employees also pursue numerous other cause areas, reflecting their varied passions and interests.
At Leidos, we regularly highlight employee volunteer accomplishments. This helps to increase employee engagement by incentivizing new volunteer projects and ultimately contributes to improved retention and hiring, respectively. Every day, our employees are change agents in their communities. By combining corporate giving with passionate and inspired employee participation, Leidos is making a meaningful difference to those in need.