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CORPORATE GIVING

Corporate Philanthropy's Biggest Givers

How do companies go about the business of philanthropy? For the third year, BusinessWeek decided to ask them.

We invited companies in the Standard & Poor's 500-stock index to report on their 2004 giving. We heard from 204 companies, or 41%. Of those, 190 reported numbers reflecting their cash gifts; 140 provided values for in-kind gifts such as products and services. We used the information they reported to rank companies by cash gifts, cash gifts as a percentage of pre-tax profits and in-kind gifts as a percentage of pre-tax profits. Now we invite you to check out their reports for yourself.
CASH DONATIONS IN-KIND DONATIONS CAUSES  
Click any column heading to reorder the table, or any company name to see details on that company's contributions.
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Aetna Inc $ 851,317 851317000 %  0 % 0 %
Autodesk Inc. $ 353,470 -0.2 % 11.7 % 0.1 % 0 %
Freeport-McMoran Copper & Gold $ 53,491 -0.3 % 53491000 % 0 % 0 %
International Business Machines $ 115,500,000 -1.4 % 6.1 % 1 % 0.1 %
Consolidated Edison $ 2,200,000 -3.5 %  0.3 % 0 %
Duke Energy $ 247,996 -5.4 % 3.7 % 0 % 0 %
Tribune Co. $ 27,100,000 -6.8 % -20.3 % 2.9 % 0.5 %
Ameren Corporation $ 52,820 -7.5 % -27.7 % 0 % 0 %
Halliburton Co. $ 227,115,195 -9.9 %  34.9 % 1.1 %
Eaton Corp. $ 25,000 -10.7 %  0 % 0 %
SAFECO Corp $ 115,581 -15.1 %  0 % 0 %
Altria Group, Inc. $ 66,835,133 -15.7 % 168.4 % 0.5 % 0.1 %
McGraw-Hill Corp. $ 43,200,000 -21.3 % -11.8 % 3.7 % 0.8 %
Ford Motors $ 1,100,000 -21.4 % -8.3 % 0 % 0 %
Computer Associations Inter $ 982,644 -23.5 % -12.5 % 8.9 % 0 %
Charles Schwab $ 22,021 -26.6 % 22021000 % 0 % 0 %
KeyCorp $ 200,000 -65.3 %  0 % 0 %
Genzyme Corp $ 46,200,000 -26.7 %  20.8 % 2.1 %
Coca-Cola Co $ 302,549 -26.9 %  0 % 0 %
Rohm & Haas $ 190,000 -28.3 % 40.7 % 0 % 0 %
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Wachovia Corp $ 6,863,945 -35.2 % 70.2 % 0.1 % 0 %
Kellogg Co. $ 21,000,000 -38.6 %  1.5 % 0.2 %
State Street Corp $ 540,000 -40.4 % 49.9 % 0 % 0 %
St. Paul Travelers Cos. $ 16,706 -44.3 %  0 % 0 %
Calpine Corp. $ 500,000 -44.4 % 9899.8 %  0 %
Ambac Financial Group $ 7,000 -50 % -30 % 0 % 0 %
Citrix Systems $ 50,000 -50 % -80 % 0 % 0 %
Scientific-Atlanta $ 50,000 -50 % -80 % 0 % 0 %
United Technologies $ 223,250 -67.5 % 223250000 % 0 % 0 %
International Game Technology $ 50,000 -80 %  0 % 0 %
New York Times CI. A $ 750,059 -76.3 %  0.2 % 0 %
Honeywell International Inc. $ 100,000 -80 %  0 % 0 %
LSI Logic $ 100,000 -80 %   0 %
BellSouth $ 86,300 -82.7 % -97 % 1.7 % 0.4 %
PG&E Corp. $ 25,000 -83.7 % -81.4 % 0 % 0 %
Liz Claiborne, Inc. $ 51,331 -87.2 %  0 % 0 %
Verizon Communications $ 36,772 -87.7 % -91.2 % 0 % 0 %
Du Pont, E.I. $ 523,281 -89.5 %  0 % 0 %
Union Pacific $ 40,000 -99.7 % -99.6 % 0 % 0 %
Dominion Resources  -100 %    
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Becton, Dickinson $ 4,300,000 207.1 % 43.3 % 0.6 % 0.1 %
Norfolk Southern Corp $ 80,000 -97.8 % -48.9 % 0 % 0 %
Ecolab Inc. $ 150,000 261.5 % -62.3 % 0 % 0 %
Lilly, Eli $ 337,982,450 52.1 % 65.1 % 11.5 % 2.4 %
Progress Energy Inc. $ 385,442 613.8 %  0 % 0 %
Hasbro Inc. $ 8,335,873 340 % 38.9 % 3.2 % 0.3 %
MeadWestvaco Corporation $ 1,600,000 150 %   0 %
Alcoa Inc. $ 556,770 110.1 %  0 % 0 %
United Parcel Service $ 1,200,000 102.7 % 512.3 % 0 % 0 %
UnumProvident Corp. $ 1,000,000 100 %   0 %
Time Warner Inc. $ 135,014,678 81.2 %  2.6 % 0.3 %
The Gap $ 25,731,000 95.2 % 213.8 % 1.4 % 0.2 %
Pfizer, Inc. $ 1,161,906,114 92.7 % 120.1 % 8.3 % 2.2 %
Mattell, Inc. $ 15,000,000 87.5 % 2900 % 2.2 % 0.3 %
Yum! Brands, Inc $ 54,000,000 77.6 %  5.3 % 0.6 %
Oracle Corp. $ 151,000,000 65.9 % 58.9 % 3.7 % 1.3 %
Microsoft Corp. $ 362,000,000 61.6 % 74.8 % 2.2 % 0.9 %
Wal-Mart Stores, Inc. $ 19,000,000 58.3 % 171.4 % 0.1 % 0 %
Starwood Hotels & Resorts $ 1,500,000 50 %  0.4 % 0 %
Johnson & Johnson $ 407,000,000 42.6 %  0 % 0 %
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Baxter International Inc. $ 7,800,000 36.8 % 254.5 % 1.8 % 0.1 %
Abbott Laboratories $ 270,000,000 35 %  6.5 % 1.4 %
Medtronic Inc. $ 12,400,000 34.8 % 106.7 % 0.5 % 0.1 %
General Electric $ 36,000,000 46.3 % 5660 % 0.2 % 0 %
NIKE Inc. $ 21,100,000 29.4 % 8.8 % 1.1 % 0.2 %
Adobe Systems $ 2,902,362 16.1 % -35.7 % 0.5 % 0.2 %
Pepsi Bottling Group $ 13,460,000 34.6 % -10.9 % 1.8 % 0.1 %
Parametric Technology $ 17,800,000 29.9 % 85.4 % 48.1 % 2.7 %
DTE Energy Co. $ 300,000 28.2 %  0.1 % 0 %
Lexmark International Inc. $ 2,100,000 21.1 % 167 % 0.3 % 0 %
Starbucks Inc. $ 6,500,000 20.4 % 132.1 % 1 % 0.1 %
Intel Corp. $ 18,363,559 18.2 % -28 % 0.2 % 0.1 %
Merck & Co. $ 921,000,000 16.7 % 60.2 %   
HCA Inc. $ 926,000,000 12.8 %  43.3 % 3.9 %
Allergan, Inc      
Applied Materials $ 3,178,000  -9.2 % 0.2 % 0 %
Grainger, W.W. Inc. $ 9,000,000 12.5 % 28.6 % 2 % 0.2 %
Rockwell Collins $ 856,481 11.2 % 8464.7 % 0.2 % 0 %
Hewlett-Packard $ 45,000,000 11.1 % 20.4 % 1.1 % 0.1 %
Office Depot $ 24,014,528 10.4 % -1.1 % 5.2 % 0.2 %
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
McKesson Corp $ 214,265 7.1 % 7.1 %  0 %
Clorox Co $ 4,911,620 6.8 % -26.5 % 0.7 % 0.1 %
Northern Trust Corp $ 3,600,000 5.9 % 20 % 0.5 % 0.1 %
Cisco Systems $ 19,800,000 5.3 % -6.6 % 0.2 % 0.1 %
Gannett Co $ 38,034,000 2.5 %  1.9 % 0.5 %
First Horizon National $ 888,025 0.9 %  0.1 % 0 %
Electronic Data Systems $ 300,106 0 %   0 %
Advanced Micro Devices $ 718,767  -25.5 % 0.9 % 0 %
ACE Limited $ 30,000   0 % 0 %
ADC Telecommunications.   -100 %   
AFLAC Corporation $ 109,506   0 % 0 %
Alberto-Culver      
Allstate Corp      
Altera Corp.      
American Electric Power      
AmSouth Bancorporation      
American Express      
Andrew Corp.      
Apache Corp.      
Bank of America Corp.   -100 %   
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Best Buy      
Biogen IDEC Inc $ 65,000,000   101.4 % 2.9 %
Block, H & R      
BMC Software      
Boston Scientific      
Bristol-Myers Squibb $ 601,909,558   13.6 % 3.1 %
Burlington Northern Santa Fe $ 500,000   0 % 0 %
Burlington Resources      
Campbell Soup      
Chevron Texaco Corp      
CINergy      
Citigroup Inc.      
Home Depot      
Coca-Cola Enterprises $ 3,700,000   0.5 % 0 %
Constellation Energy Group $ 3,140,000   0.4 % 0 %
Cooper Industries      
Corning Inc      
ConocoPhillips      
Dell Computer      
Devon Energy Corp      
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Eastman Chemical      
Edison International $ 607,909  117.1 % 0.2 % 0 %
EMC Corp.      
Entergy Corp      
Exelon Corp.      
Exxon Mobil Corp.   -100 %   
Federal Home Loan Mortgage Corp-Freddie Mac      
Federated Department Stores      
Federated Investors, Inc      
FIserv Inc.      
Fluor Corp   -100 %   
General Mills $ 22,000,000  -2.7 % 1.2 % 0.2 %
General Motors $ 17,200,000   0.9 % 0 %
Georgia-Pacific Group $ 330,000   0 % 0 %
Gillette Co $ 10,000,000   0.4 % 0.1 %
Goldman Sachs Group      
Goodrich      
Hartford Financial Services Group      
Hilton Hotels      
Hospira, Inc. $ 15,000,000   3.6 % 0.6 %
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Humana Inc.      
International Paper      
Janus Capital Group      
Jefferson-Pilot      
Johnson Controls, Inc      
Knight-Ridder Inc      
Jones Apparel Group      
Limited Brands, Inc $ 1,700,000   0.2 % 0 %
Lucent Technologies      
M&T Bank Corp      
MBIA Inc.      
Illinois Tool Works      
Mellon Bank Corp $ 3,000,000   0.3 % 0.1 %
Micron Technology      
Mercury Interactive      
Molson Coors Brewing Co. $ 170,000   0.1 % 0 %
Moody's Corp      
Morgan Stanley      
Motorola Inc.      
National City Corp      
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
National Semiconductor $ 65,000  -75.5 % 0 % 0 %
Network Appliance $ 337,000   0.1 % 0 %
NiSource Inc.      
Northrop Grumman Corporation      
PepsiCo, Inc $ 50,000,000   0.9 % 0.2 %
Phelps Dodge $ 164,955  -58 % 0 % 0 %
Peoples Energy      
Pinnacle West Capital      
PNC Bank Corp.      
Progressive Inc.      
Public Service Enterprises      
Prudential Financial $ 35,466  -84.8 % 0 % 0 %
Pulte Homes, Inc      
QUALCOMM Inc.      
Raytheon Co. $ 1,400,000   0 %  
Robert Half International      
Rockwell Automation $ 1,560,000  122.9 % 0.4 % 0 %
Rowan Cos.      
Safeway Inc $ 100,000,000  66.7 % 12.6 % 0.3 %
SBC Communications Inc.      
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Sempra Energy      
SLM Corporation $ 350,336   0 % 0 %
Sprint Corp. FON $ 3,106,623  55.3 %   
Sun Microsystems      
Supervalu Inc.      
Symbol Technologies $ 5,000  -97.5 % 0 % 0 %
T.Rowe Price      
Target Corp      
Tektronix Inc. $ 2,700,000  83.8 % 2.2 % 0.3 %
Tellabs Inc.      
Texas Instruments    0 % 0 %
Textron Inc.      
Tiffany & Co.      
U.S. Bancorp      
Valero Energy $ 10,658,000   0.4 % 0 %
Walt Disney Co.      
Washington Mutual $ 384,000  -98.9 % 0 % 0 %
WellPoint Health Networks      
Wells Fargo      
Wendy's International $ 20,000   0 % 0 %
Company
2005 in-kind donations
Change from 2004
Change from 2003
As % of profit
As % of revenue
Whirlpool Corp $ 5,189,800   0.8 % 0 %
Xerox Corp $ 2,000,000   0.2 % 0 %
XL Capital $ 100,000  -80 % 0 % 0 %
Yahoo Inc. $ 13,500,000   1.1 % 0.4 %
 
Source: BusinessWeek
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