Special Report: Philanthropy

Slide show: Top Givers and Their Causes

Table: Top Individual Givers

Key for Favored Causes:
Education
Education
Arts
Arts
Health Care
Health Care
Community
Development
Community Development

Environment
Environment

Human Rights
Human Rights
Other
Other

Corporate Philanthropy's Biggest Givers


Who are the big givers in corporate philanthropy, and where are they giving? BusinessWeek set out to find out how funding and giving priorities had changed since we last surveyed companies in the Standard & Poor's 500-stock index two years ago.

Our invitation for companies to report on their philanthropy yielded 200 responses. Of those, 190 reported numbers reflecting cash gifts; 125 provided values for in-kind gifts such as products and services. We used the information to rank companies by cash and in-kind gifts, cash gifts as a percentage of pre-tax profits and in-kind gifts as a percentage of pre-tax profits. Our survey aims to track new money being spent on philanthropic efforts. Some foundations, however, are endowed, and so get a big lump of funding in one year and aren't designed to get yearly allotments of "new" money from a corporate parent. Since some companies counted foundation outlays as new cash in our survey two years ago, their giving may appear to have dropped dramatically when, in fact, it has not.


Click column heading once to reorder from highest to lowest. Click twice to reorder from lowest to highest.
Company
2006* Cash
Donation
$
2004* Cash
Donation
$
Change
from 2004
%
As % of
profit
%
Future Plans
2006* In-Kind
Donation
$
2004* In-Kind
Donation
$
Percent Change
from 2004*
%
As % of
profit
%
3M    23,800,000  0.4 Increase 13,300,000  0.2 
Education  Arts  Health Care  Community Development  Environment  Other  Provides grants to teachers to purchase class materials to make math, science and economic education more engaging.
ABBOTT   35,000,000 30,000,00016.7 1.5 Increase 265,000,000 270,000,000 -211.6 
Education  Arts  Health Care  Community Development  Environment  Other  Seeks to strengthen health care systems, support children affected by HIV/AIDS, prevent the transmission of HIV from mother-to-child, and advance HIV testing and treatment.
ADOBE SYSTEMS   6,627,619 5,083,58030.4 1.0 No Change 24,385,714 2,902,362 7403.6 
Education  Arts  Community Development  Environment  Other  Works to empower young people to share their ideas, demonstrate their potential, and take action in their communities through the use of film and photography.
AFLAC   4,601,749 5,795,650-20.6 0.2 Increase 250,000 109,506 1280.0 
Education  Arts  Health Care  Community Development  Raises funds and awareness for pediatric cancer treatment and research as well as provides an outlet for patients and families as they undergo treatment.
ALCOA   15,425,314 28,225,828-45.4 0.4 Increase  556,770  
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Awards employees' global volunteer efforts.
ALTRIA GROUP**   132,140,372 113,354,01616.6 0.8 Decrease 68,045,920 66,835,133 20.4 
Education  Arts  Community Development  Environment  Other  Works to strengthen the safety net available to survivors of domestic violence.
AMBAC   850,000 704,00020.7 0.1 Increase 7,000 7,000 0.0 
Education  Arts  Health Care  Community Development  Environment  Other  
ADVANCED MICRO DEVICES   4,047,766 4,207,039-3.8 NMNo Change 267,549 718,767 -63NM
Education  
AMEREN    6,177,687 5,305,36916.4 0.7 No Change 76,728 52,820 450.0 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Provides energy assistance to Ameren customers.
AMERICAN ELECTRIC POWER   9,100,000 9,139,661-0.4 0.6 No Change    
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Provides a program to foster interest in science in K-12 education and promote early childhood science learning.
AMERICAN EXPRESS    29,700,000 32,000,000-7.2 0.6 No Change    
Education  Arts  Other  Supports a preservation program to protect global cultural sites through grants and partnerships.
ASHLAND   3,000,000  1.4 No Change 100,000  0.0 
Education  Arts  Health Care  Community Development  Environment  
AT&T****   45,802,253  0.4 Increase 68,375  0.0 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Supports a program that brings technology resources to low income and underserved populations.
AVAYA   783,000  0.3 Increase    
Education  Arts  Health Care  Human Rights  
AVON PRODUCTS   19,210,604  2.7 No Change 11,254,626  1.6 
Health Care  Human Rights  Raises funds and awareness for access to care and finding a cure for breast cancer, with a focus on the medically underserved. Also to raise funds awareness to end the cycle of domestic violence, with a focus on children.
BANK OF AMERICA   200,000,000 108,000,00085.2 0.6 No Change    
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Awards grants that recognize, nurture, and reward organizations, local heroes and student leaders working to improve their communities.
BAXTER INTERNATIONAL    16,500,000 7,200,000129.2 0.9 No Change 14,800,000 7,800,000 900.8 
Education  Arts  Health Care  Community Development  Environment  Human Rights  
BECTON DICKINSON   6,000,000 4,100,00046.3 0.6 Increase 2,600,000 4,300,000 -400.3 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Provides product donations and cash support for the maternal and neonatal tetanus program in the fight against HIV/AIDS and other emergency aid.
BEST BUY    24,091,553 18,817,94428.0 1.1 No Change 1,000,000  0.0 
Education  Arts  Community Development  Donates gift cards to schools so they can purchase technology for their students.
BIOGEN IDEC   9,200,000 8,300,00010.8 1.8 No Change 100,000,000 65,000,000 5420.0 
Education  Arts  Health Care  Makes available open lab time for local middle and high-school students in communities near its Cambridge, Mass., and San Diego, Calif. facilities that are dedicated for on-site teaching.
BMC SOFTWARE   1,300,000 1,400,000-7.1 0.4 Decrease    
Health Care  Community Development  
BOEING    48,550,000  1.5 No Change    
Education  Arts  Health Care  Community Development  Environment  Human Rights  
BRISTOL-MYERS SQUIBB   80,252,837 64,374,58924.7 3.0 Decrease 445,000,000 601,909,558 -2616.9 
Education  Health Care  Supports a public-private collaboration to help alleviate the HIV/AIDS crisis among women and children in sub-Saharan Africa, the region most affected by the pandemic.
C. R. BARD   2,600,000  0.7 No Change 760,000  0.2 
Education  Arts  Health Care  Community Development  
CA   7,000,000 11,977,192-41.6 4.5 No Change 1,000,000 982,644 20.6 
Education  Community Development  Other  Shares software solutions and IT expertise with non-profit organizations to help them strengthen their IT infrastructures and build organizational capacity.
CAPITAL ONE   23,380,000  0.6 No Change    
Education  Community Development  Other  Provides community leadership opportunities for executives with local partners by imparting business expertise and human capital.
CATERPILLAR    31,000,000  0.6 Increase    
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  
CB RICHARD ELLIS GROUP   5,200,000  1.0 Increase    
Education  Health Care  Community Development  Environment  Other  Supports various programs including medical research and disease prevention. One focus is to improve the quality of life for chronically and terminally ill children and their families.
CENTERPOINT ENERGY   2,735,000  0.6 Increase 300,000  0.1 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Supports a program in partnership with University of Houston designed to provide an educational forum for nonprofits to leverage resources, strengthen their organizations and attain the skills and education they need to work efficiently and effectively.
CHARLES SCHWAB    3,066,604 1,924,69159.3 0.2 Increase 20,884 22,021 -50.0 
Education  Other  
CHEVRON    90,852,484 63,800,00042.4 0.3 Increase    
Education  Arts  Health Care  Community Development  Environment  Human Rights  
CIGNA   5,000,000  0.3 No Change    
Education  Arts  Health Care  Other  
CISCO   49,000,000 33,400,00046.7 0.5 Increase 39,400,000 19,800,000 990.4 
Education  Health Care  Community Development  Environment  Supports a public/private partnership with educational institutions, nonprofits, and government organizations that provides access technology learning opportunities by teaching students how to design, build, and maintain networks.
CIT      Increase    
Education  Arts  Health Care  Community Development  Other  
CITIGROUP   131,172,461 111,284,46217.9 0.4 Increase    
Education  Arts  Health Care  Community Development  Environment  Other  Funds a microfinance program as a poverty alleviation tool by recognizing the achievement of micro-entrepreneurs worldwide.
CITIZENS COMMUNICATIONS      Increase    
Education  Arts  Health Care  Community Development  
CITRIX SYSTEMS   1,000,000 1,250,000-20.0 0.4 No Change 250,000 50,000 4000.1 
Education  Community Development  Environment  
COMPANY   5,295,459 4,094,14329.3 0.7 No Change 10,600,000 4,911,620 1161.4 
Education  Arts  
COCA-COLA CO.   52,594,355 67,218,705-21.8 0.8 No Change 16,992,056 302,549 5,5160.3 
Education  Arts  Community Development  Environment  Other  Funds a scholarship program for students who are the first in their immediate family to attend college or university.
COCA-COLA ENTERPRISES   28,200,000 10,300,000173.8  No Change  3,700,000 NM
Education  Arts  Community Development  Environment  Provides college scholarships to children of Coca-Cola Enterprises' employees.
CONAGRA FOODS           
Education  Community Development  Environment  Other  Supports a corporate initiative to help end child hunger.
CONOCOPHILLIPS   50,550,887 37,080,10136.3 0.2 Increase 2,000,000  0.0 
Education  Arts  Health Care  Community Development  Environment  Other  Works to promote careers in the energy industry by funding academic scholarships for over 200 students.
CONSOLIDATED EDISON   10,477,000 7,000,00049.7 0.9 No Change 2,000,000 2,200,000 -90.2 
Education  Arts  Community Development  Environment  Provides education support in the New York area focusing on arts, culture, sports, and the environment.
CONSTELLATION BRANDS   1,000,000  0.2 Increase 100,000  0.0 
Environment  Community Development  Health Care  Arts  Education  
CONVERGYS    700,000  0.3 Decrease    
Education  Health Care  
CORNING    33,082,000 18,325,45980.5 1.7 Increase    
Education  Arts  Community Development  Other  Supports a program to increase the pool of pre-doctoral students in the physical sciences and to encourage advanced training of future scientists.
COSTCO WHOLESALE   15,370,856  0.9 Increase 602,863  0.0 
Education  Health Care  Environment  Other  Awards grants to nonprofits and also tutors in schools.
CUMMINS    7,200,000  0.7 Increase   NM
Education  Community Development  Human Rights  Other  
CVS CAREMARK   20,000,000  0.9 Increase 12,000,000  0.5 
Education  Arts  Health Care  Community Development  Other  Supports a program for children with disabilities by raising awareness in schools and in local communities about the importance of inclusion, creating greater opportunities for physical activity and access to medical rehabilitation.
DEVON ENERGY   10,000,000  0.2 Increase 100,000  0.0 
Education  Arts  Community Development  Environment  Other  
DOW CHEMICAL    27,900,000  0.6 Increase 2,000,000  0.0 
Education  Community Development  Environment  Supports an initiative to raise global awareness and funding support to address clean drinking water shortages, particularly in developing countries.
DTE ENERGY   7,500,000 6,800,00010.3 2.3 No Change 500,000 300,000 670.2 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Acknowledges excellence in the categories challenging to most nonprofit organizations, focusing on leadership, collaboration, and sustainability.
DUPONT   18,677,297 23,348,000-20.0 0.6 No Change 4,060,728 523,281 6760.1 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Promotes sustainable communities through corporate and site/region funding collaboration.
EASTMAN CHEMICAL    350,000 2,421,862-85.5 0.1 Increase    
Education  Arts  Health Care  Community Development  Environment  Human Rights  
EATON   6,263,000 4,471,00040.1 0.6 Increase 29,038 25,000 160.0 
Education  Arts  Health Care  Community Development  Environment  Other  
EBAY    4,010,828  0.3 Increase    
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Provides the option for customers in the U.S. and in the U.K. to engage in compassionate commerce by directly donating a portion of the proceeds from their eBay sales to the charities of their choice.
ECOLAB   4,265,235 3,500,00021.9 0.8 Increase 1,500,000 150,000 9000.3 
Environment  Community Development  Arts  Education  Provides direct support to schools/teachers for innovative education programs.
EDISON INTERNATIONAL   9,920,746 6,192,09160.2 0.5 No Change 404,000 607,909 -340.0 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Offers middle school and high school age students in Southern California Edison service territory the opportunity to take a hands-on approach to improving K-12 science education through an environmental program. The company also provides teachers the opportunity to participate in professional development science workshops.
ELECTRONIC DATA SYSTEMS    3,724,311 4,005,018-7.0 0.5 No Change 1,481,957 300,106 3940.2 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  Supports a program to excite and engage students in science, math and technology and to motivate teachers and provide professional development.
ELI LILLY    57,000,000 71,281,235-20.0 1.7 Decrease 363,000,000 337,982,450 710.6 
Education  Arts  Health Care  Community Development  Supports various drug donation programs.
EMC       Increase    
Education  Arts  Community Development  Environment  Other  Offers a rigorous mathematics professional development training program for elementary school teachers.
ENTERGY    10,500,000 10,700,000-1.9 0.7 No Change 20,100  0.0 
Education  Community Development  Environment  Focuses on the eradication of poverty in the communities served by Entergy.
EQUITY RESIDENTIAL   242,000  0.2 No Change   NM
Education  Community Development  Other  
ESTEE LAUDER    21,797,523  3.1 No Change 6,034,426  0.8 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Supports an annual breast cancer awareness campaign to reach as many women as possible with the message that early detection saves lives.
EW SCRIPPS ***      No Change    
Education  Arts  Community Development  Environment  Other  Supports an industry-wide recognition program for great journalism.
EXELON   33,900,000 16,482,486105.7 1.2 Decrease    
Education  Arts  Community Development  Environment  Supports a program that augments existing after-school programs with a proven track record of successful youth engagement.
EXXON MOBIL***   106,499,770 106,500,000 0.2 Increase 7,725,000  0.0 
Education  Health Care  Community Development  Environment  Focuses on health in Africa and education in the United States.
FEDERATED INVESTORS   900,000 750,90019.9 0.3 No Change 5,000  0.0 
Education  Arts  Health Care  Community Development  Environment  Human Rights  
FEDEX   24,000,000  0.7 Increase 4,000,000  0.1 
Education  Health Care  Community Development  Environment  Other  Sponsors a global child pedestrian road safety program in seven countries and a program that provides all maintenance and support for the DC10 Flying Eye Hospital (called "Delivering Sight Worldwide").
FIRST HORIZON NATIONAL    6,239,877  Decrease  888,025  
Education  Arts  Health Care  Community Development  Provides a service designed to increase parental involvement in education by linking parents and teachers through recorded phone messages.
FREDDIE MAC***   6,967,154 34,000,000-79.5 0.3 No Change    
Community Development  Other  Hosts a basketball tournament with Magic Johnson that raises money for, and awareness about, the plight of regional homeless families.
FREEPORT-MCMORAN COPPER & GOLD    55,179,000 21,635,415155.0 2.0 Increase 79,000 53,491 480.0 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Donates to the Freeport Partnership Fund for Community Development through affiliate, PT Freeport Indonesia. All funds are disbursed to a local community governing board.
GANNETT    12,654,000 13,900,000-9.0 0.7 No Change 42,249,000 38,034,000 112.5 
Education  Arts  Health Care  Community Development  Environment  Human Rights  Other  
GAP    14,031,253 8,579,99963.5 1.1   4,700,000 25,731,000 -820.4 
Education  Arts  Community Development  Environment  Human Rights  Other  Supports program - This Way Ahead - that takes an ambitious approach to give all teens a chance to pursue fulfilling lives.
GENERAL ELECTRIC   100,900,000 81,000,00024.6 0.4 Increase 57,500,000 36,000,000 600.2 
Education  Arts  Health Care  Community Development  Environment  Supports the College Bound program started in 1989, to increase college-going rates at more than 20 high schools.
GENERAL MILLS ***   61,000,000 60,300,0001.2 3.6 Increase 17,300,000 22,000,000 -211.0 
Education  Other  Community Development  Supports the General Mills Champions for Healthy Kids, a multi-faceted and long-term program designed to instill good nutrition and fitness habits in the nation’s youth.
GENERAL MOTORS    12,400,000 51,200,000-75.8  No Change 12,900,000 17,200,000 -25NM
Education  Arts  Health Care  Community Development  Environment  Human Rights  
GENZYME    11,000,000 5,500,000100.0  Increase 83,000,000 46,200