What is the history of Ciscos philanthropic involvement?
Philanthropy has been a part of our culture from the very early days of the company. In 1993, a group of employees began tutoring and donating equipment to an elementary school next to one of our company’s first offices. In 1997, Cisco Systems Foundation endowment was established. The initial $64 million endowment laid the groundwork for a long-term, focused philanthropic effort. The Endowment was increased to $137 million 2 years later. Today, our philanthropic efforts range from volunteerism to grant making to employee sharing programs which place our best and brightest in nonprofits needing their expertise.
