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|Medtronic Commits $2 Million to Support Smithsonian's National Museum of African American History and Culture|
Opening in 2016, the Museum Will Explore the African American Experience and How It Helped Shape American History and Culture.
DUBLIN - Oct. 21, 2015 - Medtronic (NYSE: MDT) today announced that it will become a founding donor to the Smithsonian's National Museum of African American History and Culture, committing $2 million over five years from Medtronic Philanthropy.
The new museum, the Smithsonian's 19th, will be the only national museum devoted exclusively to the documentation of African American life, art, history and culture. Scheduled to open in 2016, the museum is under construction on the National Mall in Washington, D. C. on a five-acre tract adjacent to the Washington Monument.
"This museum will surely be a great national institution and asset - one that will give us all better insight on how the dreams, relentless tenacity and contributions of American people of African descent have helped shape this great country, and thereby, the world" said Dr. Jacob A. Gayle, Vice President, Medtronic Philanthropy. "It is with tremendous pleasure that we as a company are able to contribute to this project, which will bring the story of African American contributions to national and global progress for generations to come."
"For Medtronic, the sponsorship demonstrates our ongoing commitment to be a good corporate citizen," continued Gayle. "But more importantly, it represents our belief in the value of all people and our commitment to the great diversity that has shaped this country."
"As we draw closer to the opening of the National Museum of African American History and Culture, the museum is grateful to have the support of Medtronic Philanthropy," said Lonnie G. Bunch III, founding director. "Medtronic's generous contribution helps ensure that we succeed in helping millions of visitors see and understand America's history through an African American lens."
Corporate citizenship is an integral principle of Medtronic - written into the company's Mission by its founders more than 55 years ago. The company commits 1.5 percent of its global profits to philanthropic projects and programs that support communities across the globe. Last year, Medtronic invested more than $80 million in worthy causes.
About the Smithsonian's National Museum of African American History and Culture
About Medtronic and Medtronic Philanthropy