Special Report: Philanthropy

Slide show: Top Givers and Their Causes

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

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
			Provides grants to teachers to purchase class materials to make math, science and economic education more engaging.
ABBOTT	35,000,000	30,000,000	16.7	1.5	Increase	265,000,000	270,000,000	-2	11.6
			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	5,083,580	30.4	1.0	No Change	24,385,714	2,902,362	740	3.6
			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	128	0.0
			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
			Awards employees' global volunteer efforts.
ALTRIA GROUP**	132,140,372	113,354,016	16.6	0.8	Decrease	68,045,920	66,835,133	2	0.4
			Works to strengthen the safety net available to survivors of domestic violence.
AMBAC	850,000	704,000	20.7	0.1	Increase	7,000	7,000		0.0

ADVANCED MICRO DEVICES	4,047,766	4,207,039	-3.8	NM	No Change	267,549	718,767	-63	NM

AMEREN	6,177,687	5,305,369	16.4	0.7	No Change	76,728	52,820	45	0.0
			Provides energy assistance to Ameren customers.
AMERICAN ELECTRIC POWER	9,100,000	9,139,661	-0.4	0.6	No Change
			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
			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

AT&T****	45,802,253			0.4	Increase	68,375			0.0
			Supports a program that brings technology resources to low income and underserved populations.
AVAYA	783,000			0.3	Increase

AVON PRODUCTS	19,210,604			2.7	No Change	11,254,626			1.6
			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	108,000,000	85.2	0.6	No Change
			Awards grants that recognize, nurture, and reward organizations, local heroes and student leaders working to improve their communities.
BAXTER INTERNATIONAL	16,500,000	7,200,000	129.2	0.9	No Change	14,800,000	7,800,000	90	0.8

BECTON DICKINSON	6,000,000	4,100,000	46.3	0.6	Increase	2,600,000	4,300,000	-40	0.3
			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	18,817,944	28.0	1.1	No Change	1,000,000			0.0
			Donates gift cards to schools so they can purchase technology for their students.
BIOGEN IDEC	9,200,000	8,300,000	10.8	1.8	No Change	100,000,000	65,000,000	54	20.0
			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

BOEING	48,550,000			1.5	No Change

BRISTOL-MYERS SQUIBB	80,252,837	64,374,589	24.7	3.0	Decrease	445,000,000	601,909,558	-26	16.9
			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

CA	7,000,000	11,977,192	-41.6	4.5	No Change	1,000,000	982,644	2	0.6
			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
			Provides community leadership opportunities for executives with local partners by imparting business expertise and human capital.
CATERPILLAR	31,000,000			0.6	Increase

CB RICHARD ELLIS GROUP	5,200,000			1.0	Increase
			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
			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	1,924,691	59.3	0.2	Increase	20,884	22,021	-5	0.0

CHEVRON	90,852,484	63,800,000	42.4	0.3	Increase

CIGNA	5,000,000			0.3	No Change

CISCO	49,000,000	33,400,000	46.7	0.5	Increase	39,400,000	19,800,000	99	0.4
			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

CITIGROUP	131,172,461	111,284,462	17.9	0.4	Increase
			Funds a microfinance program as a poverty alleviation tool by recognizing the achievement of micro-entrepreneurs worldwide.
CITIZENS COMMUNICATIONS					Increase

CITRIX SYSTEMS	1,000,000	1,250,000	-20.0	0.4	No Change	250,000	50,000	400	0.1

COMPANY	5,295,459	4,094,143	29.3	0.7	No Change	10,600,000	4,911,620	116	1.4

COCA-COLA CO.	52,594,355	67,218,705	-21.8	0.8	No Change	16,992,056	302,549	5,516	0.3
			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	10,300,000	173.8		No Change		3,700,000		NM
			Provides college scholarships to children of Coca-Cola Enterprises' employees.
CONAGRA FOODS
			Supports a corporate initiative to help end child hunger.
CONOCOPHILLIPS	50,550,887	37,080,101	36.3	0.2	Increase	2,000,000			0.0
			Works to promote careers in the energy industry by funding academic scholarships for over 200 students.
CONSOLIDATED EDISON	10,477,000	7,000,000	49.7	0.9	No Change	2,000,000	2,200,000	-9	0.2
			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

CONVERGYS	700,000			0.3	Decrease

CORNING	33,082,000	18,325,459	80.5	1.7	Increase
			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
			Awards grants to nonprofits and also tutors in schools.
CUMMINS	7,200,000			0.7	Increase				NM

CVS CAREMARK	20,000,000			0.9	Increase	12,000,000			0.5
			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

DOW CHEMICAL	27,900,000			0.6	Increase	2,000,000			0.0
			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	6,800,000	10.3	2.3	No Change	500,000	300,000	67	0.2
			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	676	0.1
			Promotes sustainable communities through corporate and site/region funding collaboration.
EASTMAN CHEMICAL	350,000	2,421,862	-85.5	0.1	Increase

EATON	6,263,000	4,471,000	40.1	0.6	Increase	29,038	25,000	16	0.0

EBAY	4,010,828			0.3	Increase
			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	3,500,000	21.9	0.8	Increase	1,500,000	150,000	900	0.3
			Provides direct support to schools/teachers for innovative education programs.
EDISON INTERNATIONAL	9,920,746	6,192,091	60.2	0.5	No Change	404,000	607,909	-34	0.0
			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	394	0.2
			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	7	10.6
			Supports various drug donation programs.
EMC					Increase
			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
			Focuses on the eradication of poverty in the communities served by Entergy.
EQUITY RESIDENTIAL	242,000			0.2	No Change				NM

ESTEE LAUDER	21,797,523			3.1	No Change	6,034,426			0.8
			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
			Supports an industry-wide recognition program for great journalism.
EXELON	33,900,000	16,482,486	105.7	1.2	Decrease
			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
			Focuses on health in Africa and education in the United States.
FEDERATED INVESTORS	900,000	750,900	19.9	0.3	No Change	5,000			0.0

FEDEX	24,000,000			0.7	Increase	4,000,000			0.1
			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
			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
			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	21,635,415	155.0	2.0	Increase	79,000	53,491	48	0.0
			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	11	2.5

GAP	14,031,253	8,579,999	63.5	1.1		4,700,000	25,731,000	-82	0.4
			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	81,000,000	24.6	0.4	Increase	57,500,000	36,000,000	60	0.2
			Supports the College Bound program started in 1989, to increase college-going rates at more than 20 high schools.
GENERAL MILLS ***	61,000,000	60,300,000	1.2	3.6	Increase	17,300,000	22,000,000	-21	1.0
			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	-25	NM

GENZYME	11,000,000	5,500,000	100.0		Increase	83,000,000	46,200