The Implementation of 3% Stimulation Plan to Reboot Industry Recovery Announcement - Donation Summary
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By: Patrick Wang/Chief Sustainable Officer
patrickwang@meanwell.com MEAN WELL has been asking global partners to join and promote the “3% Stimulation Plan” since September 2020 and this event has ended successfully. After settlement, a total amount of USD6.346M (70.6%) has been directly given back to distributors and end customers to support recovery and development of various industries; the remaining amount of USD2.641M (29.4%) will be spent by branches as local public welfare funds to assist local charity organizations in need. MEAN WELL has formulated the following plans for the use of public welfare funds in various regions, and will continue to update the implementation status in the future. |
| Taiwan |
| Region | Organizations | Donation Amount (NTD) | Date | Attachment |
| Taiwan | Tatung High School | 3,000,000 | 2021.04 | Link |
| Fu Jen Catholic University | 3,000,000 | 2021.04 | Link | |
| Jiangcui Elementary School | 1,500,000 | 2021.04 | Link | |
| National Taipei University of Technology | 3,000,000 | 2021.04 | Link | |
| National Yunlin University of Science and Technology | 3,000,000 | 2021.04 | Link | |
| National Taiwan University of Science and Technology | 3,000,000 | 2021.04 | Link | |
| MEAN WELL Scholarship | 11,000,000 | 2021.09 | Link | |
| Total | 27,500,000 |
Asia |
| Region | Organizations | Donation Amount (USD) | Date | Attachment |
| India | Cry Foundation | 10,000 | 2021.04 | Link |
| Korea | Community Chest of Korea | 20,000 | 2021.03 | Link |
| Malaysia | Yayasan Sunbeams Home (495715-V) | 10,000 | 2021.03 | Link1 Link2 |
| Rumah Victory Elderly home | 10,000 | 2021.03 | Link | |
| Total | 50,000 |
United States |
| Region | Organizations | Donation Amount (USD) | Date | Attachment |
| West | Sacred Heart Community Service | 25,000 | 2021.02 | Link |
| City of Fremont | 25,000 | 2021.02 | Link | |
| Alameda food bank | 30,000 | 2021.02 | Link | |
| Bay area rescue mission | 25,000 | 2021.02 | Link | |
| Kids against hunger | 30,000 | 2021.02 | Link | |
| Central | United way | 20,000 | 2021.02 | Link |
| UMKC Foundation | 20,000 | 2021.02 | Link | |
| East | Travis Manion Foundation | 20,000 | 2021.02 | Link |
| Covenant House | 20,000 | 2021.02 | Link | |
| Total | 215,000 |
Europe |
China |
| Region | Organizations | Donation Amount (RMB) | Date | Attachment |
| Guangzhou Province | Bureau of Civil Affairs of Guangzhou Municipality Department of Social Welfare | 2,400,000 | 2021.04 | Link |
| South China University of Technology | 300,000 | 2021.04 | Link | |
| Guangdong University of Technology | 300,000 | 2021.04 | Link | |
| Industry Recovery Fund | 1,030,000 | TBD | Link | |
| Jiangsu Province | Huangli Charity Foundation | 830,000 | 2021.03 | Link |
| Nanjing University of Science and Technology Taizhou Institute of Science and Technology | 150,000 | TBD | Link | |
| Changshu Institute of Technology | 150,000 | 2021.04 | Link | |
| Industry Recovery Fund | 1,030,000 | TBD | Link | |
| Total | 6,190,000 |