High Level Guidelines for Corporate Giving: Grants, Giving and Corporate Sponsorship Support
At Bristol Myers Squibb, we are firmly focused on our Mission to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. We are committed to supporting quality initiatives to make a difference in people’s lives through Corporate Giving.
This page describes our principles that Bristol Myers Squibb uses to review requests for Corporate Giving.
Corporate Giving includes funds or in-kind Support (products, assets or services) provided by Bristol Myers Squibb to eligible third-party organizations for educational, healthcare-related, scientific, community, public policy, patient advocacy or charitable purposes. Some examples are charitable donations to non-profit organizations, support of medical education programs, corporate sponsorships, fellowships, and corporate memberships.
Corporate Giving Principles
- Bristol Myers Squibb provides Corporate Giving in compliance with our Principles of Integrity, applicable laws, regulations and industry codes of conduct.
- Bristol Myers Squibb provides Corporate Giving to organizations where we do not have control over the activity for which the funding or In-Kind Support will be used.
- Bristol Myers Squibb provides funding only to eligible institutions or organizations. Funding is not provided to individuals or physician groups.
- Bristol Myers Squibb requires that our funding provided to support a request be acknowledged publicly.
Corporate Giving Requirements
- Bristol Myers Squibb Corporate Giving is generally made to organizations that have a not-for-profit status. Exceptions include for-profit organizations requesting for Independent Medical Education support.
- Bristol Myers Squibb will not provide funding to support the start up or establishment of a non-profit organization.
- Bristol Myers Squibb will review the overall financial support of an organization as a factor in our funding decision.
- Bristol Myers Squibb will not provide funding to support an organization’s specific day-to-day operational expenses, such as salaries or rent.
- Bristol Myers Squibb will not fund requests through Corporate Giving from lobbying organizations.
- As part of our due diligence, Bristol Myers Squibb will request the names of an organization’s Board of Directors and/or Principals to make sure that these individuals do not appear on applicable exclusion lists.
- Before Bristol Myers Squibb will fund a request, we require a written agreement with the requesting organization.
- Bristol Myers Squibb will provide payment for an approved request only to the requesting organization.
- Bristol Myers Squibb will not provide funding to support an event that has already occurred.
- Bristol Myers Squibb will not provide funding to support entertainment or recreational activities.
- Bristol Myers Squibb complies fully with financial transparency laws and industry codes associated with Corporate Giving.