Giving back to our communities
We believe that our Company and employees can play an important role in enhancing the quality of life in the communities in which we are active. In 2001, the company formed the Newfield Foundation. At year-end 2013, Newfield had contributed over $17.5 million to the Foundation and the endowment is in a position to be self-sustaining for future grant awards. In 2015, the Foundation will give more than $925,000 to causes and charities addressing needs where we live and work.
The Mission of the Newfield Foundation is to improve the quality of life through support of programs in the environment, medical, cultural arts and community services.
Last Updated January 2015
Process and Annual Steps Towards Funding:
|July||Newfield employees nominate charities they would like the Foundation to consider funding.|
|August||The application cycle begins August 1.|
|September||The cycle closes on September 15, 5pm Central. Applications after this date will not be eligible.|
|October||The Foundation Advisory Committee reviews applications.|
|November||Recommendations and donation levels are summarized and submitted to the Foundation Directors for review and approval.|
|January||The following year, all approved organizations receive grant letters and funding.|
- Founding Principles, Vision, Mission and Core Values