SOURCE: FedEx CorporationDESCRIPTION:
MEMPHIS, Tenn., July 24, 2019 — FedEx Corp. (NYSE: FDX) is proud to announce the next stage of its global community engagement program – FedEx Cares 50 by 50, a new journey to deliver hope, change and new possibilities for 50 million people by the company’s 50th anniversary in 2023. FedEx launched the new strategy after exceeding its goal to invest $200 million in 200 global communities by 2020 six months early.
“At FedEx, we believe that when we connect people and possibilities, we can change the world,” said Raj Subramaniam, president and COO, FedEx Corporation. “FedEx Cares 50 by 50 will allow us to continue to work with some of the world’s top nonprofits to move the needle on social challenges like sustainable transportation, road safety and youth unemployment. We will also focus on the unique needs of local communities where we live and operate by creating connections with community leaders and supporting nonprofits. In short, we are delivering hope, change and new possibilities for 50 million people.”
FedEx Cares 50 by 50 will launch at the World Golf Championships-FedEx St. Jude Invitational hosted at TPC Southwind in Memphis. Justin Rose, the 2018 FedExCup champion, will participate in a “Putting for Positive Impact” challenge to help generate up to a $50,000 donation from FedEx to St. Jude Children’s Research Hospital in which the funds would positively impact patients.
“It is truly an honor to be part of the FedEx Cares 50 by 50 launch celebration at the World Golf Championships-FedEx St. Jude Invitational,” said Justin Rose, 2018 FedExCup Champion. “I’ve admired the company’s commitment to using its PGA TOUR sponsorship to positively impact communities across the globe, and I look forward to seeing how they continue to do so through FedEx Cares 50 by 50.”
Tournament attendees will also have the chance to positively impact St. Jude Children’s Research Hospital. For every 50-foot putt made by fans at the practice putting green between Thursday, July 25 and Sunday, July 28, FedEx will make a donation to St. Jude Children’s Research Hospital, up to $10,000, on behalf of the FedEx Cares 50 by 50 program.
About FedEx Cares 50 by 50
FedEx Cares is our global community engagement program and one way that we live out our purpose of connecting people and possibilities. Launched in 2019, FedEx Cares 50 by 50 is our goal to positively impact 50 million people around the world by our 50th anniversary in 2023.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $70 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.
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KEYWORDS: NYSE:FDX, FedEx Cares, 50 by 50