Medtronic also strives to make a lasting and sustainable impact in the communities where our employees live and work. From improving educational outcomes to providing access to quality healthcare, we are committed to working together to make a difference.
One way we do this is through our Medtronic Foundation, which is dedicated to improving the lives of people around the world through innovative medical and educational programs.
Since its inception in 1949, the Medtronic Foundation has awarded more than $1 billion in grants and programs. Here are just a few examples of how we are making a difference:
In 2015, the Medtronic Foundation committed $50 million to the Medtronic-Cleveland Clinic Cardiovascular Innovation Alliance. This 10-year partnership will accelerate the development and commercialization of new cardiovascular therapies and devices.
The Medtronic Foundation also provides support to educational institutions and programs that are working to close the STEM (science, technology, engineering and math) skills gap. In 2015, we awarded $7.5 million in grants to support STEM education, with a focus on K-12 initiatives.
And, through our signature Program, Medtronic Foundation Bridges, we are working to improve access to quality healthcare in underserved communities around the world. To date, Medtronic Foundation Bridges has helped more than 1.5 million people in 42 countries receive the lifesaving and life-enhancing medical care they need.
The Medtronic Foundation is just one way we are working to make a lasting and sustainable difference in the communities where we live and work. Together, we can make a difference.