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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
2004 cash donations
Arts
Education
Community
Health
International
Other
Abbott Laboratories $ 30,000,000 Health disparities and unmet needs (especially HIV/AIDS)
Science and innovation
Diversity and inclusiveness
ACE Limited $ 6,400,000    Environmental
Adobe Systems $ 5,083,580    
Aetna Inc $ 17,500,000  Diversity and racial and ethnic disparities
Alcoa Inc. $ 28,225,828  
Allergan, Inc $ 3,100,000  Eyecare / dermatology / neurology
Altria Group, Inc. $ 113,354,016   Domestic violence
Healthy lifestyles
Hunger
Ambac Financial Group $ 704,000  
American Electric Power $ 9,139,661  Environment
United Way
Hunger
Housing
AmSouth Bancorporation $ 7,559,758  Human services
Cultural causes
Andrew Corp. $ 2,000,000  Scholarship program for Andrew Corp. employees' children
Apache Corp. $ 5,500,000    
Applied Materials $ 8,787,929  
Autodesk Inc. $ 408,283  
Bank of America Corp. $ 108,000,000   
BellSouth $ 18,230,000   
Biogen IDEC Inc $ 8,300,000    Tsunami relief.
Block, H & R       Youth development
Health and human services
Community revitalization
Arts and culture
Literacy
Chevron Texaco Corp $ 63,800,000  
Burlington Northern Santa Fe $ 4,500,000    Diversity
Environment
Social Services
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
Burlington Resources $ 5,700,000  
Calpine Corp. $ 2,400,000     
CINergy $ 3,500,000  Environmental
Cisco Systems $ 33,400,000 Main Focus Areas:
1) Basic Human Needs
2) Access to Education
3) Responsible Citizenship

Please see: http://www.cisco.com/go/philanthropy for more details.
Citigroup Inc. $ 111,284,462 Financial education
Clorox Co $ 4,094,143     
Coca-Cola Co $ 67,218,705  
Coca-Cola Enterprises $ 10,300,000   
ConocoPhillips $ 37,080,101 Environment
Industrial Safety
Consolidated Edison $ 7,000,000   Environment
Civic education
Constellation Energy Group $ 10,440,000  Environment
Cooper Industries $ 3,000,000   
Corning Inc $ 18,325,459  
Devon Energy Corp    
Dominion Resources $ 10,650,000  Environment
Human services
Diversity
Duke Energy $ 17,867,437  Arts & culture
Environmental education
Research & conservation
Civic leadership
Eaton Corp. $ 4,471,000  
Ecolab Inc. $ 3,500,000   Environment
Du Pont, E.I. $ 23,348,000 Environment
Eastman Chemical $ 2,421,862  Health & human services
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
Edison International $ 6,192,091   Diversity
Anti-poverty
Environment
Electronic Data Systems $ 4,005,018   
EMC Corp.      
Exelon Corp. $ 16,482,486   Environment
Exxon Mobil Corp. $ 106,500,000  
Federated Department Stores $ 17,600,000   Women's Issues
Youth
HIV-AIDS
Diversity
Federated Investors, Inc $ 750,900   
First Horizon National $ 6,239,877   
FIserv Inc.     
Fluor Corp $ 4,950,000   Human services
Ford Motors $ 109,800,000 Auto-related environmental & safety
Freeport-McMoran Copper & Gold $ 21,635,415 Environment
Social services
Gannett Co $ 13,900,000  
General Electric $ 81,000,000 Environment
Public policy
General Mills $ 60,300,000   Youth nutrition and fitness
Goldman Sachs Group $ 10,200,000  
General Motors $ 51,200,000  
Goodrich $ 2,100,000   
Halliburton Co. $ 4,812,433  
Hartford Financial Services Group $ 5,603,753    
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
Hasbro Inc. $ 4,396,641 Children
HCA Inc. $ 17,209,164   
Humana Inc. $ 6,927,713  
Illinois Tool Works $ 7,576,127   
International Business Machines $ 28,200,000   Accessibility
Disaster relief
Scientific research
Texas Instruments $ 13,000,000     
International Game Technology $ 4,000,000  Children/family
Janus Capital Group $ 3,022,819   Community service and volunteerism
Jefferson-Pilot $ 2,606,114   
Johnson & Johnson $ 121,800,000 Building and improving the infrastructure of the health care system (international)
Training health care professionals in developing countries
Volunteerism
Johnson Controls, Inc $ 6,300,000 Environment
Tsunami relief
Kellogg Co. $ 9,000,000 Diversity and Inclusion
KeyCorp $ 15,700,000  Financial literacy
Workforce development
Diversity and inclusion
Lexmark International Inc. $ 3,120,000     
Lilly, Eli $ 71,281,235 Diversity initiatives
Human services
Knight-Ridder Inc $ 2,100,000   United Way
Journalistic enterprises
Limited Brands, Inc $ 11,500,000   Focus on women
Children & education
M&T Bank Corp $ 13,500,000  Civic
Youth
Human Services
Mattell, Inc. $ 8,000,000 Youth -- particularly targeting children in need globally
MBIA Inc. $ 1,700,000   
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
McGraw-Hill Corp. $ 4,800,000   Financial literacy
MeadWestvaco Corporation $ 5,900,000  Specific priorities differ based upon local needs. Priorities for contributions in small and/or rural communities.
Economy, regulation and environmental and forest stewardship.
Medtronic Inc. $ 36,100,000    
Mellon Bank Corp $ 19,000,000   
Merck & Co. $ 58,000,000 Health and human services
Pharmaceutical policy
Global public health
Environment
Molson Coors Brewing Co. $ 6,400,000  Human services
Minorities
Responsible alcohol use
Environment
Moody's Corp $ 2,575,277    Education, in particular the study of mathematics, finance and economics
Research in a variety of areas related to credit risk and financial markets
Morgan Stanley $ 33,855,869 Diversity
Motorola Inc. $ 9,000,000   Environment
National City Corp $ 23,200,000  Civic
New York Times CI. A $ 1,006,358   Journalism
Culture
Environment
Service
NIKE Inc. $ 16,200,000 Sport and physical activity for young people
NiSource Inc. $ 4,800,000  Environment
Public safety
Food & shelter
Norfolk Southern Corp $ 4,470,000   Environmental programs dealing with land/air/water conservation
Northern Trust Corp $ 11,400,000 Social welfare
Northrop Grumman Corporation $ 18,900,000  Environment, human services, diversity
Office Depot $ 4,745,035  Environmental stewardship
Social services
Diversity
Oracle Corp. $ 8,500,000   
Parametric Technology $ 300,000  
Peoples Energy $ 1,075,000   
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
PG&E Corp. $ 7,553,869  Emergency preparedness
Environmental stewardship
Pinnacle West Capital $ 6,100,000  Environment
Phelps Dodge $ 8,263,292   Community safety and wellness programs Environment


PNC Bank Corp. $ 23,900,000  Growth of targeted communities through economic development initiatives
Progress Energy Inc. $ 11,256,952   Economic development
Environment
Employee involvement
Progressive Inc. $ 2,600,000 Matching donations
Prudential Financial $ 23,491,112  Job creation
Affordable housing
Pulte Homes, Inc $ 4,000,734  Housing
Environmental issues
QUALCOMM Inc.       
Pepsi Bottling Group $ 1,840,000 Diversity.
Rockwell Automation $ 4,700,000 Education
Arts
Matching gifts
Rockwell Collins $ 2,365,371    
Rohm & Haas $ 4,000,000  Human services
General civic, environment, science and technology programs for youth (K-12)
SBC Communications Inc. $ 81,000,000  
Scientific-Atlanta $ 1,200,000  
Sempra Energy $ 9,800,000 Environment
Human services
Sprint Corp. FON $ 7,013,344   Youth development
St. Paul Travelers Cos. $ 17,274,620    
Starbucks Inc. $ 8,100,000   Environment
Starwood Hotels & Resorts $ 3,277,440  
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
Supervalu Inc. $ 25,000,000    Fighting hunger
Developing tomorrow's workforce
Promoting social services
T.Rowe Price $ 8,551,743    Civic and community organizations
Human services

Target Corp $ 107,800,000    
Tektronix Inc. $ 761,878    Social services
Environment
Textron Inc. $ 5,200,000  Workforce development
The Gap $ 8,579,999  
Time Warner Inc. $ 55,185,974     
Tiffany & Co. $ 26,000,000     Environmental conservation
U.S. Bancorp $ 19,472,000   
Union Pacific $ 14,380,000   
United Parcel Service $ 39,700,000   Hunger alleviation
Literacy
Volunteerism
United Technologies $ 16,654,506    Environmental sustainability
Valero Energy $ 23,650,000  
UnumProvident Corp. $ 4,500,000   
Wachovia Corp $ 81,743,251   
Wal-Mart Stores, Inc. $ 188,000,000  Community services -- police, fire departments, libraries and hospitals
Literacy
Scholarships
Military families assistance
Environment
Walt Disney Co.       
Wendy's International $ 830,000    Adoption
Whirlpool Corp $ 9,798,400   Habitat For Humanity
Mentoring
Diversity with inclusion
Xerox Corp $ 12,400,000   Education/work force preparedness
Science/technology
Employee/community affairs
Cultural affairs
National affairs
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
XL Capital $ 4,800,000 Environmental research
Yum! Brands, Inc $ 6,550,000 Hunger relief
Day-care subsidies
Reading incentives
Mentoring at-risk teens
ADC Telecommunications. $ 1,694,008       
Advanced Micro Devices $ 4,207,039    
AFLAC Corporation $ 5,795,650     
Alberto-Culver     Issues that impact women in the workplace
Allstate Corp $ 13,988,998      Safe and vital communities
Economic empowerment
Tolerance, inclusion and diversity
Altera Corp. $ 63,000   Environment
Hunger
Homelessness
Ameren Corporation $ 5,305,369      Youth
Environment
Seniors living independently
Energy assistance
American Express $ 32,000,000      Community service
Cultural heritage
Economic independence
Baxter International Inc. $ 7,200,000      Other social issues are determined by individual location
Becton, Dickinson $ 4,100,000      HIV/AIDS, diabetes, immunization, infectious diseases and other areas that expand the reach of our diagnostics capabilities
Best Buy $ 18,817,944      
BMC Software $ 1,400,000      
Boston Scientific $ 2,120,000       
Campbell Soup      Education and hunger relief
Bristol-Myers Squibb $ 64,374,589     Environmental programs and sustainability programs
Charles Schwab $ 1,924,691      Fostering financial literacy
Employee-selected causes
Citrix Systems $ 1,250,000     Technology
Computer Associations Inter $ 11,977,192      Programs focused on children.
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
Dell Computer      
DTE Energy Co. $ 6,800,000     Environment
Diversity
Leadership
Entergy Corp $ 10,700,000     Anti-poverty
Federal Home Loan Mortgage Corp-Freddie Mac $ 34,000,000      Anti-poverty
Civic leadership
Youth
Child abuse prevention
Finding homes for foster children
Youth development
Transitional housing for families
Genzyme Corp $ 5,500,000    
Georgia-Pacific Group $ 4,900,000     The Foundation has four key investment areas--Education, Enrichment of Community, Environment and Employees.
Gillette Co $ 8,000,000    
Sun Microsystems $ 2,800,000     Technology (education, development)
Job training
Environment
State Street Corp $ 12,395,273     Shelters
Hunger reduction
Access programs (legal, health, social services, etc.)
Grainger, W.W. Inc. $ 3,000,000      Disaster relief
Vocational education
Hewlett-Packard $ 61,600,000     Economic development
Hilton Hotels $ 10,000,000    Children's programs
Home Depot $ 35,500,000      Playspaces and gathering spaces
Affordable and transitional housing
Disaster preparation, relief and rebuilding
Honeywell International Inc. $ 12,500,000      Family safety and security
Housing and shelter
Hospira, Inc. $ 412,000       
Intel Corp. $ 79,443,266     Disaster relief
International Paper $ 8,878,000      We consider grants for organizations where our employees are active volunteers.
Jones Apparel Group       Breast cancer
LSI Logic $ 500,000     Disaster relief
Lucent Technologies $ 7,100,000     Youth development
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
McKesson Corp $ 5,253,000      Supporting our employees' volunteer efforts
Liz Claiborne, Inc. $ 2,128,200    Concerns of women and girls
Women's economic development
Domestic and relationship violence
Developmental needs of low-income girls
AIDS
College scholarships
Mercury Interactive       Junior Achievement
School technology and technology mentoring programs
Tsunami relief
Micron Technology       Youth programs
Microsoft Corp. $ 47,700,000     Community technology centers
National Semiconductor $ 2,000,000      
Network Appliance $ 398,000     
PepsiCo, Inc $ 22,000,000      Diversity and inclusion
Health and wellness
Environment
Employee involvement
Pfizer, Inc. $ 70,554,302      
Public Service Enterprises $ 3,800,000      Environment
Community and economic development
Children and families with a focus on education
Raytheon Co. $ 13,300,000       
Rowan Cos. $ 100,000       
Robert Half International       Workforce development
SAFECO Corp $ 2,078,999       
Safeway Inc $ 25,000,000    Hunger relief
Special needs, disabilities
SLM Corporation $ 41,200,000     Our philanthropy focuses primarily on increasing access to higher education for all students.
Tellabs Inc. $ 208,776   Environmental causes
Symbol Technologies $ 471,388      
Tribune Co. $ 11,700,000    Journalism and literacy
Verizon Communications $ 71,449,421      Literacy
Domestic violence
Company
2004 cash donations
Arts
Education
Community
Health
International
Other
Washington Mutual $ 49,343,000     Affordable housing
Financial education
WellPoint Health Networks $ 32,226,000       
Wells Fargo $ 93,000,000     Financial literacy
Health and human services
Low-to-moderate income communities
Yahoo Inc. $ 811,000   Safe surfing education for children
Disaster relief mentorship
Civic engagement
 
Source: BusinessWeek
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