Magna is a leading global automotive supplier with 312 manufacturing operations and 98 product development, engineering and sales centers in 29 countries. The company offers complete vehicle engineering and assembly, and manufactures a slew of automotive components, including body, chassis, exterior, seating, powertrain, electronic, active driver assistance, vision, closure and roof systems. The company serves automotive markets in North America, Europe, Asia and Africa. In 2015, Magna reported sales of about $32 billion and employed some 155,000 workers worldwide.
Magna’s charitable giving includes a mix of cash grants, fundraising support and employee volunteerism that benefits a wide variety of nonprofit groups serving the communities where the company has operations. Its core giving areas are health, culture, education and sports, although health receives the largest share. Some examples of major grants awarded by the company in recent years include:
- The Peel Memorial Centre for Integrated Health and Wellness. Magna awarded a $1 million donation to the new Peel Memorial Centre for Integrated Health and Wellness in Brampton, Ontario, Canada. Recently completed and opened to the public, Peel Memorial was designed to be a new kind of health care facility, one that treats illness and injuries and also helps people stay well, manage their illness or disease and learn about healthy living.
- The United Way. The company awarded a $5 million grant to the United Way of Toronto & York Region. The funding will support a vital network of social service agencies as York Region grows and diversifies. In making this five-year commitment, Magna issued a challenge to other corporations to step up and join United Way’s mission to strengthen communities and neighborhoods across York Region.
- The Mackenzie Vaughan Hospital. Magna pledged a $10 million gift to help build and equip the future Mackenzie Vaughan Hospital—the largest donation yet to the Mackenzie Health Foundation’s $250 million Exceptional Care Belongs Here campaign. The emergency department at the new hospital, slated for completion in 2019, will be named Magna Emergency in recognition of the gift to Mackenzie Health.
- The Milton District Hospital Foundation. The company awarded a $3 million grant to support the Milton District Hospital Foundation’s Our Home, Our Hospital expansion campaign. The Milton District Hospital expansion will add 330,000 square feet of space to the existing 125,000-square-foot hospital. Designed to address the needs of all users, the project will focus on meeting the care needs of those living in the Milton District, the fastest-growing community in Canada.
Magna supports a number of community groups and initiatives in its headquarters community through the Neighborhood Network program. Launched in 2008, Neighborhood Network supports the neighborhoods in York Region by linking volunteers and community resources to registered charities and nonprofit agencies. Neighborhood Network is dedicated to promoting volunteerism and recognizing active citizens who are giving their time and affecting positive change in their community.
The company is also a major host of the Wild Wild West Hoedown, an annual fundraiser that supports a number of charities and nonprofit organizations in York Region. What started out in 1987 as a backyard BBQ for friends and neighbors has grown into a premier event attended by thousands of local residents who enjoy the entertainment of exciting live country acts while supporting community causes. Today, the Wild Wild West Hoedown has become the largest annual fundraising event in York Region.
In addition, the company responds to natural disasters through the Magna Employee Disaster Relief Fund, which provides financial assistance to eligible employees and their family members around the world in the event they become victims of a natural or personal disaster.
Magna employees also are committed to giving back in their local communities. Magna employees volunteer their time to help charities and nonprofit organizations—doing everything from assisting at local hospitals to coaching Little League sports teams.
Visit the company’s website for further information.