News and analysis
July 24, 2011

Companies That in 2010 Gave Charities More Than 5% of Their 2009 Profits

  2010 giving as a percent of 2009 pre-tax profits 2009 pre-tax profits 2010 cash giving
Kroger Company (Cincinnati)1 10.9 589,100,000 64,000,000
Macy's2 (Cincinnati) 8.1 507,000,000 41,226,887
Dow Chemical Company (Midland, Mich.) 7.3% $469,000,000 $34,237,817
Safeway (Pleasanton, Calif.) 7.5 1,020,000,000 76,500,000
Morgan Stanley (New York) 5.7 983,000,000 55,641,610
1 Figures are for the fiscal years ending January 31, 2010 and 2011.
2 Figures are for the fiscal years ending January 29, 2011 and January 30, 2010.