In spite of trying economic times, some companies continue to make giving back a top priority. Briefings is proud to celebrate the companies that are making a difference this holiday season and all year round.*
Top companies by donations
Walmart
$342,350,438 (cash) $616,591,031 (products)
Share of 2010 pretax profits donated in 2011: 4.1%
Goldman Sachs Group
$337,077,886 (cash)
Share of 2010 pretax profits donated in 2011: 2.6%
Exxon Mobil
$232,658,037 (cash), $2,007,943 (products)
Share of 2010 pretax profits donated in 2011: 0.4%
Wells Fargo & Company
$213,481,849 (cash)
Share of 2010 pretax profits donated in 2011: 1.1%
Chevron
$209,280,000 (cash)
Share of 2010 pretax profits donated in 2011: 0.7%
Bank of America
$208,425,075 (cash)
Share of 2010 pretax profits donated in 2011: The company lost money in 2010, so this figure cannot be calculated.
J.P. Morgan Chase & Co.
$202,961,667 (cash), $70,473,269 (noncash gifts such as art and real estate)
Share of 2010 pretax profits donated in 2011: 1.1%
Target Corporation
$146,119,380 (cash), $63,155,311 (products)
Share of 2010 pretax profits donated in 2011: 4.7%
General Electric Company
$144,100,000 (cash), $1,900,000 (products)
Share of 2010 pretax profits donated in 2011: 1%
Citigroup
$121,910,534 (cash)
Share of 2010 pretax profits donated in 2011: 0.9%
Global Honor Roll**
Edison — Italy
ENI — Italy
Grupo Ferrovial — Spain
Hochtief — Germany
Nestlé — Switzerland
NextEra Energy — U.S.
Statoil — Norway
Total — France
Walt Disney — U.S.
Weyerhaeuser — U.S.
Whole Foods Market — U.S.
• 60% of companies increased their total giving since 2009.
• 48% of companies increased their giving by more than 10%.
• The consumer staples (25%) and health care industries (25%) had the largest percentages of growth in giving.
• 81% of companies gave 20% or more to either education, health or social services causes.***
Companies that donate products or a portion of proceeds with every purchase:
TOMS Shoes
Warby Parker
Figs
Kayu
Paul Newman Kenneth Cole (Awearness)
Krochet Kids International
Honest Tea
31 Bits
Burt’s Bees
*2011 donations as a percentage of 2010 pre-tax profits. Source: The Chronicle of Philanthropy
** Fortune Magazine’s Annual Rankings 2012
***According to the 2012 Corporate Giving Standard Survey conducted by the Committee Encouraging Corporate Philanthropy (CECP). Respondents include 62 of the top 100 companies in the Fortune 500.
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