Nordson Corporation and Nordson Corporation Foundation Give More than $10 million to Charitable Organizations in Fiscal Year 2024

Business Wire 28-Jan-2025 8:00 AM

Nordson Corporation (NASDAQ:NDSN) and Nordson Corporation Foundation announced today that it contributed more than $10 million to charitable organizations during its 2024 fiscal year that ended October 31. Nordson's global philanthropic programs are dedicated to enhancing the neighborhoods in areas where it conducts major operations through various corporate and employee-led efforts, and by partnering with high-impact nonprofits aligned to its mission.

Nordson prioritizes distributing grants to the areas of STEM education, human welfare, and arts and culture, with grants for education totaling more than $4.6 million, or 71% of its giving initiatives. During its 2024 fiscal year, Nordson gave a total of $907,000 in scholarships to 209 students. Its signature Nordson BUILDS Scholarship program, focused on building a skilled and educated workforce in manufacturing, accounted for half of the total scholarship award amount, giving $458,125 to 88 recipients. Students who received Nordson Builds Scholarships attend Boston University, California Institute of Technology, Case Western Reserve University, Cornell University, Georgia Institute of Technology, Michigan State University, North Carolina A&T State University, Rutgers Business School, Spelman College, The Ohio State University and more.

"I strongly believe that as a leading precision technology company, it is our responsibility to give back to the communities where we work and live to empower new possibilities," said Sundaram Nagarajan, president and chief executive officer of Nordson. "I am proud to continue to support the philanthropic vision set forth by the Nord family. This year, I'm even more proud of the ways our employees came together after devastating natural disasters to support their colleagues and help rebuild their communities."

"Nordson sets a strong example of how business success and philanthropy go hand in hand," said Maria Spangler, director of the Nordson Foundation and community relations. "Since joining the company in December, I've seen firsthand the pride employees take in the ways they contribute to their communities and positive sentiment for Nordson Impact programs. I look forward to continuing this success and our proud legacy of giving."

Additional FY24 Nordson Impact Highlights:

• Grants from the Nordson Corporation Foundation accounted for approximately $6.5 million of the total amount awarded.
• Nordson matched roughly $200,000 to the top nonprofits that employees donated to, including St. Jude Children's Research Hospital, Second Harvest Foodbank of North Central Ohio and AHBAP Dernegi in Turkey.
• Nordson's U.S. employees volunteered more than 4,000 hours at nonprofits such as, Habitat for Humanity International, Happy Tails Pet Rescue, Good Knights, the Food Bank for Larimer County, Chippewa Falls Parks and Recreation, the American Red Cross, Massachusetts Coalition for the Homeless, Replay for Kids, Second Harvest Food Bank, the San Diego Blood Bank and more.
• Nordson's A Time to Give U.S. regional campaigns support local nonprofits through employee-led fundraising events. Last year, employees raised more than $180,000 for Good Knights of Lorain County to build beds for children who don't have one, and more than $45,000 for Children's Healthcare of Atlanta.

To date, Nordson and Nordson Corporation Foundation have given $173 million to charities, awarded roughly $7.5 million in scholarships, and employees have volunteered more than 117,000 hours to the nonprofits that are most meaningful to them.

About the Nordson Corporation Foundation

The Nordson Corporation Foundation is the successor to the Nordson Foundation, which was created in 1952 by Walter G. Nord, founder of Nordson Corporation. In 1988, the original foundation was reorganized to create the Nord Family Foundation and the Nordson Corporation Foundation. Since 1989, the Nordson Corporation Foundation has awarded tens of millions of dollars in grants focusing on education but also including arts and culture, civic affairs, and human welfare. More information on applying for grants is available here.

About Nordson

Nordson Corporation is an innovative precision technology Company that leverages a scalable growth framework to deliver top-tier growth with leading margins and returns. The Company's direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics, and industrial end markets. Founded in 1954 and headquartered in Westlake, Ohio, the Company has operations and support offices in over 35 countries. Visit Nordson at www.nordson.com, linkedin/Nordson, or www.facebook.com/nordson.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250128740882/en/

Lara Mahoney Vice President, Corporate Communications & Investor Relations 440.204.9985 Lara.Mahoney@nordson.com