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Deere Foundation Increases Annual Giving to $20 Million

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Deere Foundation

The John Deere Foundation plans to contribute $200 million over ten years to help children and families, farmers, and employee volunteer efforts.

Herb Trix has more.

Credit submitted / Deere Foundation
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Deere Foundation
Nate Clark, Deere Foundation President

Deere Foundation President, Nate Clark, says the catchphrase for the new initiative is "We run so life can leap forward."

The foundation will allocate $100 million to children and families and $50 million to farmers.

And, $50 million will help mobilize the John Deere workforce as employees volunteer their time and resources in the Quad Cities and around the world.

Deere Foundation plans to distribute $20 million per year over the next ten years which is the highest commitment in its history.

Clark says in 2012, the foundation's annual contributions totaled $12 million a year.

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