Top 50 Corporate Giver

Xerox Corp (XRX)


Joseph Cahalan

Foundation program:

The Xerox Foundation
100 % of giving is through foundation

Signature program:

Social Service Leave
Each year, Social Service Leave grants 6 to 15 employees up to a 1-year, fully paid leave to commit their time and talent full-time to a nonprofit agency and effort of their own choosing. The employees design projects that are intended to leave a lasting community impact, such as helping write a community disaster plan for the Red Cross, building an educational curriculum, helping battered women rebuild their lives, and more. The program was conceived by former Xerox president Archie McCardell in 1970. Then-CEO C. Peter McColough said in a letter to employees announcing the program in 1971: "Each year we contribute several million dollars to worthwhile institutions and projects. Yet we don't think that's enough ? so we decided to offer what we can least afford to give - the full-time service of Xerox people." Most recently, there were 9 Xerox people on leave in 2004, and there are 8 Xerox people on leave in 2005.

2004 cash donations $ 12,400,000
As pct. of revenue 0.1 %
As pct. of earnings 1.1 %
Change since 2003 12.7 %
Change since 2002 -1.6 %

2004 in-kind donations $ 2,000,000
As pct. of revenue 0 %
As pct. of earnings 0.2 %
Change since 2003 0 %
Change since 2002 0 %

Projected increase/decrease increase

 Favored Issues
  arts   education   community development   health care   international
  Arts   Edu   Comm   Health   Intl

   Other / specifics:   Education/work force preparedness
Employee/community affairs
Cultural affairs
National affairs

 Major Objectives

Xerox has three major objectives for its corporate giving programs: give back to our communities, contribute to the education of tomorrow's workers and leaders, and support employees' sense of social responsibility and individual empowerment. Behaving responsibly as a corporate citizen is one of Xerox's six core values. Xerox believes that a successful corporation must be an active participant in society. The Xerox Foundation is the hand that gives something back to the communities from which we draw our employees, our customers and our freedom to conduct business. Our corporate giving not only benefits external agencies, institutions and their constituents, but also benefits Xerox employees whose lives are enriched by the experience of offering their unique talents or treasure.