Andersen Corporation proudly announces it will distribute $50.8 million in profit sharing to eligible employees.
In recognition of employee contributions to Andersen's 2024 business performance, the company paid $50.8 million – up to $3,923 per eligible employee – as part of the company's annual profit sharing program.
Chris Galvin, president and chief executive officer of Andersen
Additionally, Andersen and its corporate foundation continued their longstanding commitment to philanthropy in 2024, donating more than $5.3 million to nonprofits working to improve lives and strengthen communities. These contributions directly support organizations focused on housing, trades education, hunger, and critical access health care in the communities where Andersen employees live and work.
As part of this $5.3 million, Andersen proudly participated in the 2024 Habitat for Humanity Jimmy and Rosalynn Carter Work Project as a Diamond Sponsor. The Carter Work Project is a significant annual initiative aimed at building and renovating homes for families in need.
Andersen donated $1 million to Habitat for Humanity for the Carter Work Project, through a combination of in-kind window donations, including more than 600 Andersen(R) 100 Series windows, and financial contributions. Additionally, over 150 Andersen employees volunteered their time and skills during the project, with more than 30 team members installing Andersen windows on-site during the final day of the week-long event.
Andersen has prioritized advancing affordable housing for nearly three decades, donating more than $9 million in funding and products to the Habitat network.
Eliza Chlebeck, vice president of communications and community and vice president of the Andersen Corporate Foundation
Beyond traditional grantmaking, Andersen supports the nonprofits and causes that matter most to its employees with programs that encourage and recognize the sharing of time and talent as another way to give back. Through its “Dollars for Doers” and “Group Volunteer Grants” volunteer matching grant programs, Andersen provides grants in recognition of employee volunteer time, with employees tracking more than 20,000 hours towards these programs in 2024.
Other examples of key local initiatives that demonstrate Andersen’s commitment to making a difference include:
Posted: December 16, 2024
