Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that in recognition of its 25th year as a company, Fiserv employees have reached and in fact will far exceed the goal of donating 25,000 volunteer hours to hundreds of charitable organizations across the world during the companyâs anniversary year. Fiserv was formed in 1984, when Sunshine State Systems, Inc. in Tampa, Fla. and First Data Processing based in Milwaukee, Wis., combined to form the first national financial services technology provider. Fiserv has grown over the two and half decades into a Fortune 500 Company with nearly $5 billion in revenues.
The âFiserv Gives Back: 25 for 25â community service program was launched this summer to mark the 25th anniversary of the company and give its 20,000 employees an opportunity to volunteer together to multiply their positive impact in local communities. Fiserv employees volunteered to help hundreds of groups, including local schools, civic associations, childrenâs organizations, shelters, food pantries, animal shelters, community events, fundraisers for research into cancer, diabetes, arthritis, and various other worthy causes.
Fiserv associates logged 27,917 hours in the last three and a half months to surpass the goal of 25,000 hours. âThis is an effort to celebrate the first 25 years of Fiserv and stand with our associates who already give back to the communities where we live and do business. It is not surprising that once again Fiserv associates have exceeded expectations. As individuals and teams, they continue to demonstrate that they are valuable contributors to charitable causes in their towns and cities, in addition to their responsibilities serving Fiserv clients. We are extremely proud of the individual and cumulative impact Fiserv associates are making every day,â said Don MacDonald, Fiserv Executive Vice President and Chief Marketing Officer.
Fiserv employees logged their volunteer hours on a networking website launched to promote and measure employeesâ efforts. The internal site provides a database to enable employees to select opportunities based on their interests and skills. It also allows Fiserv to note associates who have gone above and beyond in their communities, and recognize them as they join the volunteer corp. Fiserv will honor its local heroes in the communities where they volunteer.
Susan G. Komen Race for the Cure
One of the largest donations of time across Fiserv was the support of the Susan G. Komen Foundationâs Race for the Cure and Passionately Pink programs to raise money for breast cancer research. Fiserv raised more than $70,000 as it sponsored teams in 11 cities with more than 650 employees volunteering, running, walking, donating or raising funds.
âWe value the generosity and dedication to this worthy cause. Virtually everyone has a friend, relative or loved one who has been touched by cancer. This is an excellent way to work together to make a difference in our communities,â said Tom Warsop, group president, Financial Institution Services, Fiserv.
Saksham Daksh, school for visually impaired children
One example of how the âFiserv Gives Backâ program made an impact on a local level was in India, where Fiserv employees in Global Services in Noida and Pune, India volunteered hundreds of hours at Saksham Daksh, a school for visually impaired children. Fiserv associates are involved in teaching and lesson planning at the school, including the production of Digital Talking Books. Associates have volunteered for various stages of book production, such as the identification and recording of content. Soon Fiserv created computer-based training kits will be rolled out by Saksham Daksh for the benefit of visually impaired children across the country.
âWe want to thank all of our employees for their hard work, and congratulate them on their accomplishment of logging more than 25,000 hours to help organizations around the globe. Many of our associates were already volunteering, so this program allowed us to use technology to accumulate data on how much we are doing together, the variety of organizations we support, and evaluate how we can enhance this program beyond our anniversary year, since âgiving backâ is integral to who we are as individuals and as a company,â added MacDonald.
Fiserv employees will continue donating and logging volunteer hours for the 25th anniversary program through next March. The company hopes to log an additional 25,000 hours by that time, reaching a second goal of 50,000 total hours volunteered by employees around the world.