Providing support for local communities via charitable donations and volunteering has the potential to stimulate local economies and increase community well-being.
We believe in strengthening the communities where we operate, live and work. By doing so, we are investing in the inventors of tomorrow and supporting the plans for prosperity our communities need to thrive.
In the United States, Rambus partners with the Silicon Valley Community Foundation, the largest community foundation in the nation, to identify key partners and to distribute funds. Rambus India emphasizes corporate social responsibility in compliance with Section 135 of The Companies Act of 2013, ensuring we dedicate 2% of average profit to key community partners. In India, our CSR committee is comprised of local employees who work to identify partners and distribute funds. In the United States, Rambus matches employee donations to community organizations. Employees can request a match of up to $1,000 per person each year to qualifying nonprofits. We look forward to expanding this program to additional geographies in the coming years.
Community -related items across our operations may impact employees, local communities, suppliers and customers. These stakeholders are engaged through multiple channels and their input is integrated into our assessments.