Las Vegas, August 25, 2014 – MGM Resorts International (NYSE: MGM) employees have pledged more than $5 million this year to support nonprofit organizations serving the resort company’s host communities in Nevada, Michigan and Mississippi, as well as other regional and national nonprofit organizations. This year’s campaign results mark the largest since the 2008 recession, and will support more than 1,400 charities through grants and donations distributed by The MGM Resorts Foundation.
“Once again, our employees have gone above and beyond to support those in our communities in need, and I am inspired by their generosity even more than before,” said Jim Murren, Chairman and CEO of MGM Resorts International. “I am proud of our employees and their enthusiasm to help not only the guests of our resorts, but also the members of our communities.”
Celebrating its 12th anniversary, The MGM Resorts Foundation has raised more than $59 million (including 2014 donations) to support charitable organizations. MGM Resorts covers all of the administrative costs required to raise and disburse the Foundation’s funds so that every dollar donated by an employee can go directly to the community.
Fifty-one percent of the company’s 62,000 employees have pledged to donate money to community nonprofits through cash and payroll donations, as well as Foundation-hosted fundraising events this year. This participation rate is the highest achieved by employees since the recession.
“MGM Resorts and our employees recognize that there is a lot of need in our communities but we’re committed to help. By working together, we have helped tens of thousands of people this past year. There is no better feeling than knowing we can make such an impact and touch so many lives,” said Sherry Maatta, Assistant Director of Attractions at Circus Circus and a member of the Foundation’s grant-making Employee Grant council.
Examples of community services supported by the Foundation’s grants this year include: