IRVINE, Calif., Nov. 20, 2014 /PRNewswire/ -- Edwards Lifesciences Corporation (NYSE: EW), the global leader in the science of heart valves and hemodynamic monitoring, announced today that it will increase its global corporate giving in 2014 to support a strong launch of Edwards Lifesciences Foundation's new charitable initiative, Every Heartbeat Matters, and to improve the global communities where its employees live and work.
In 2014, Edwards' global corporate giving will exceed $8 million, including more than $7 million in cash grants from Edwards Lifesciences Foundation to non-profit organizations around the world. The majority of its charitable investments will support Every Heartbeat Matters and its goal that, by 2020, its philanthropy will impact the global burden of heart valve disease by supporting the education, screening and treatment of one million underserved people. Additionally, the foundation's employee matching gift program is becoming a more substantial proportion of its annual grants.
"Giving is a core part of our culture and we were proud that more than 70 percent of our 9,000 global employees participate in some form of charitable giving each year," said Michael A. Mussallem, chairman and CEO, Edwards Lifesciences. "It's rewarding to know that we are touching people's lives around the world not only through foundation grants, but also through our employees generously donating their time and talents to help those in need."
Foundation grant recipients will be recognized throughout the remainder of the year at receptions around the world in the communities where employees live and work. Since its inception in 2004, the foundation has gifted more than $36 million to non-profit organizations.
About Edwards Lifesciences and Edwards Lifesciences Foundation
Edwards Lifesciences is the global leader in the science of heart valves and hemodynamic monitoring. Driven by a passion to help patients, the company partners with clinicians to develop innovative technologies in the areas of structural heart disease and critical care monitoring, enabling them to save and enhance lives. In 2004, the company established what is now Edwards Lifesciences Foundation to support advancements in knowledge and improvements in quality-of-life. The foundation focuses on supporting underserved heart valve and critically ill patients, as well as strengthening the communities in which Edwards employees live and work. Additional information about the company and its foundation can be found at www.edwards.com.
Edwards, Edwards Lifesciences, the stylized E logo and Every Heartbeat Matters are trademarks of Edwards Lifesciences Corporation. All other trademarks are the property of their respective owners.
SOURCE Edwards Lifesciences Corporation