Boeing has issued a total of $48M in charitable grants for fundraising programs of 404 organizations across 50 countries.
The grants include funds in the amount of $40M for business contributions, charitable contributions and employee giving, the company said Tuesday.
The additional $8M will support educational and workforce development efforts in science, technology, engineering and math areas.
This new grant package will enable Boeing to exceed $230M in corporate donations for this year.
Boeing will also provide $800K to fund the launching of Turkey-based Newton Flight Academy next year. The upcoming institution will aim to train secondary school students in flight-related STEM applications.
“Boeing“™s people bring to life our values and our enduring commitment to supporting the communities where we live and work,“ said Dennis Muilenburg, president and CEO at Boeing.