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The IDEX Foundation: A Decade of Giving

The IDEX Foundation: A Decade of Giving

Celebrating its 10th anniversary in 2024, the IDEX Foundation is an employee driven philanthropic initiative dedicated to improving the communities where IDEX operates and where its employees live and work.

The IDEX Foundation continues to evolve, striving to engage an increasing number of employees to give back to their communities. The Foundation’s impact is
amplified through both financial support and hands-on volunteerism. Over the past decade, the Foundation has donated more than $8.4 million to support various charitable causes, developing and nurturing long-lasting partnerships within our communities.

The Foundation prioritizes funding for three key areas: Environmental Stewardship, Leadership Development, and Health & Well-Being. These focus areas align with IDEX’s product offerings and its mission to improve lives globally.

More than 60% of all IDEX Foundation grants go to non-profit organizations that have established, multi-year partnerships with IDEX businesses.

The IDEX Foundation operates from a ground-up model that is influenced by the passion and hard work of our employees. We believe that employees working together can better identify and address local problems where they can make an impact and that working together for a common purpose can foster a strong sense of community and engagement within IDEX.

The IDEX Foundation Board of Directors governs the Foundation operations. The Directors are selected and consist of employees and leadership from across the Company. At a local level, employees set up a volunteer committee that helps determine the local non-profit organizations that the business unit would like to support. This committee initiates a series of volunteer events. The Foundation provides funding to the nonprofit organization based in part on the number of employees that participate in the volunteer events.

Employee volunteerism is the cornerstone of our giving philosophy. In 2024, employees volunteered 4,736 hours through Foundation-led events.

“We believe that Trust, Team, and Excellence are not just our company values – they lead us toward a better future. Through our employees’ work in communities around the world, we strive to inspire collaboration, elevate potential and ignite lasting change. By aligning our actions with our ideals, our teams help shape stronger communities.”
— Krishna Ranganathan, President of IDEX Foundation
~M
The amount awarded
in grants by the IDEX
Foundation since
2014
In 2024, the IDEX Matching Gift Program supported 777 causes and organizations
National Partnerships with the Boys and Girls Club
While IDEX supports many local charitable programs across the U.S. and Europe through volunteering and financial donations, IDEX has a special relationship with the Boys & Girls Clubs of America (BGCA). Each year, the IDEX Foundation donates $100,000 to the BGCA to support their mission to provide mentorship and nurturing programming for youth. For teams in the U.S. who are unsure of where they might volunteer, BGCA offers ready-made local opportunities at clubs near every IDEX location.
Natural Disaster Relief
When disaster strikes in communities where IDEX has a presence, the Foundation frequently partners with the American Red Cross or an appropriate international counterpart. On average, IDEX donates $50,000 per natural disaster to aid communities affected by crises in areas where we operate.
The IDEX Annual Food Insecurity Challenge
While most of our giving efforts are grassroots, we have one annual company-wide giving tradition in which all IDEX businesses are encouraged to participate: the Food Insecurity Challenge. In 2024, IDEX collected and donated 47,581 pounds of food and received $500,000 from the IDEX Foundation for local hunger-relief organizations. In total, 50 global sites around the world participated in the food drive, with winning sites receiving a celebratory lunch. This broad-based involvement reflects the Foundation’s philosophy of combining financial contributions with active community engagement and service.
Matching Gift Program
Separate from the IDEX Foundation, our Matching Gift Program saw remarkable growth in 2024, supporting 777 causes and organizations—a 2.8x increase over 2023.

Designed to empower individuals to make an even greater difference to the causes they are most passionate about, IDEX employees are eligible to receive up to $500 in matching contributions to eligible 501c(3) nonprofit organizations annually. This includes direct monetary donations and the “Dollars-for-Doers” initiative, which matches $20 per hour of volunteer work. Throughout the year, there are special events that encourage employees to participate in the program. For example, in 2023 during the week following Thanksgiving in the United States, employee donations and volunteer hours were matched at a 2-to-1 rate, significantly boosting employee engagement.

In 2024, inspired by the summer Olympics, employees were encouraged to participate in “Charity Games,” a gamified initiative where they were rewarded with a bronze, silver, or gold medal. Each medal represented a bonus monetary award added to their donation, further amplifying its impact. The interactive nature of the campaign motivated a significant number of employees to log into the platform, resulting in a noticeable boost in overall engagement.

The special events have incentivized participation in the program, and 2024 saw a rise in employee participation from 9% to 28.5%, far exceeding the industry average of 11–17% participation.

While this program is currently available to IDEX employees in the United States, we are working to expand it to support our European employees and communities.

Contributions from 1,066 IDEX employees resulted in almost $200,000 in matched donations to local charities from IDEX.
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