Motorola Solutions Pledges $1 Million to Support the Obama Foundation’s Investment in Chicago’s South Side

Rhea-AI Summary

Motorola Solutions (NYSE: MSI) has announced a $1 million contribution to the Obama Foundation to support the development of the Obama Presidential Center in Chicago. This contribution aims to strengthen the local economy and enhance community engagement through the establishment of a world-class museum. CEO Greg Brown emphasized the company's role in uplifting the community, reflecting Motorola's historical roots in Chicago. The funding will also support the Foundation's global programs and operations, ensuring sustained impact in empowering future leaders.

Positive

• Contribution of $1 million to the Obama Foundation supports local economic development.
• Enhances community engagement through the Obama Presidential Center.
• Demonstrates Motorola's commitment to corporate social responsibility.

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Motorola Solutions (NYSE: MSI) today announced a $1 million contribution to the Obama Foundation to celebrate the groundbreaking and support the development of the Obama Presidential Center. The Center will include a world-class museum and campus for community engagement, strengthen the local economy and help unlock the tremendous potential of Chicago’s South Side.

“Motorola Solutions is proud to support the Obama Foundation, an organization that inspires, empowers and connects the next generation of leaders and equips them to build a more just and equitable world,” said Greg Brown, chairman and CEO, Motorola Solutions. “Chicago is where our company was founded almost 100 years ago. So as a longstanding business and civic leader, our company has an important role to play in supporting initiatives that cultivate our community, providing inspiration and fostering constructive engagement for all residents of our city.”

In addition to supporting the opening of the Obama Presidential Center, Motorola Solutions’ contribution will help advance the Foundation’s global programs and operations and fund an endowment to sustain the Foundation’s work into the future.

About Motorola Solutions

Motorola Solutions is a global leader in public safety and enterprise security. Our solutions in land mobile radio mission-critical communications, video security & access control and command center software, bolstered by managed & support services, create the most integrated technology ecosystem to make communities safer and help businesses stay productive and secure. At Motorola Solutions, we’re ushering in a new era in public safety and security. Learn more at www.motorolasolutions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211007005348/en/

Brittany Kelly

Mobile: +1 (224)246-3914

Brittany.Kelly@motorolasolutions.com

Source: Motorola Solutions

FAQ

What is the purpose of Motorola Solutions' $1 million contribution?

The $1 million contribution supports the Obama Foundation and the development of the Obama Presidential Center, focusing on community engagement and local economic growth.

How does Motorola Solutions plan to impact the Chicago community?

Motorola Solutions aims to bolster community engagement and strengthen the local economy through its support for the Obama Presidential Center.

When was the contribution to the Obama Foundation announced?

Motorola Solutions announced the $1 million contribution on October 7, 2021.

What are the key benefits of the Obama Presidential Center for Chicago?

The Obama Presidential Center is expected to serve as a world-class museum and community engagement space, enhancing local economic development.

What is the stock symbol of Motorola Solutions?

Motorola Solutions trades under the stock symbol MSI on the NYSE.