CalTech’s ‘Bigger Purpose’ Charitable Initiative Reaches Goal
In this year of struggles, upheaval, and uncertainty, a bit of good news: thanks to the tireless efforts of our team of employees, we at CalTech are proud to announce reaching our million-dollar charitable giving goal in less than five years’ time.
In 2015, CalTech’s owners, Will Welch and Brent McCasland, enabled employees as contributors to CalTech’s success to formalize CalTech’s charitable giving. It was through this empowerment the Bigger Purpose initiative was born. At its inception, employee representatives from across all of CalTech’s departments were selected to make up the Bigger Purpose board of directors, and with the charge of determining how CalTech would give back to the communities it serves. Early on, the board polled all of CalTech’s employees concerning their areas of passion and focus for giving back. The consensus was improving the lives and well-being of children and families. The team quickly laid out a goal to donate $1,000,000 in time, resources, and money by the end of 2020. As of May of this year, CalTech is proud to announce that goal has been met.
In less than five years, CalTech’s 100+ growing team of employees have donated over 2,800 hours of their time in addition to more than $1,000,000 in monetary and material donations, totaling just over $1.08 million to-date. The recipient causes range from shoes for children in need, to feeding the elderly, to providing children’s school supplies, donating to community food banks, local assistance for natural disasters, and even creating an endowment to San Angelo’s own Angelo State University — dollars that will provide scholarships to students for decades to come.
How does Bigger Purpose work? For starters, CalTech’s employees are provided up to four hours of paid time off every month in order to contribute their time and efforts to charities in their respective communities. Additionally, CalTech has dedicated funds for both CalTech donations and CalTech-matched giving for employee money or material donations.
“As a company, we feel a responsibility to use our resources to pour back into our local communities” commented Will Welch. “More important, we’ve made great strides in helping those in need, and we are excited to see what the next chapter our Bigger Purpose brings.”
Bigger Purpose’s underlying mission and vision was first formulated and introduced by the initiative’s employee-led board. In its mission, Bigger Purpose seeks to empower CalTech’s stakeholders to fundamentally strengthen the communities we serve. Fostering a culture of giving, positively transforming the lives of children and families, and striving to create lasting and impactful relationships all encompass the greater vision of Bigger Purpose. With the initiative’s primary goal having been met early, Bigger Purpose will soon set its sights on even bigger levels of impact, and as CalTech’s own employee and support base continue to grow.
“I think we’ve started something good here. And I’m proud to see our team lead, grow, and have a positive impact on the lives of those in our community,” reflected Brent McCasland. “I’m hopeful that we can have an even greater impact in the future as we continue Bigger Purpose.”