News

Drug, Tech, and Financial-Services Companies Top List of Corporate Donors

By Brian O’Leary,

Peter Olsen-Phillips, and Alex Daniels

September 5, 2018

The Chronicle’s 2018 report on corporate giving features 19 years’ worth of data on philanthropy among the country’s largest public companies.

Continuing the trend of past years, pharmaceutical companies remain among the biggest donors on our list, thanks in large part to product contributions. Financial-services and drug companies top the list of cash givers.

The Chronicle of Philanthropy surveyed the country’s 300 largest public companies from the Fortune 500 and reviewed public financial documents filed with the Internal Revenue Service, the Securities and Exchange Commission, and publicly available reports of corporate charitable giving.

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The Chronicle’s 2018 report on corporate giving features 19 years’ worth of data on philanthropy among the country’s largest public companies.

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¹ Values provided are derived only from foundation data.

Methodology

The data includes information on a company’s pretax income, total cash giving, donated products, and the areas of emphasis for grant making. Giving figures include both domestic and international philanthropy.

Product giving is reported at fair market value unless otherwise indicated. Donations of services and volunteer time are not included in this total.

Giving figures from past Chronicle corporate-giving surveys from 1998 to 2016 (excluding 2011) have not been adjusted for inflation and represent the actual dollar figures donated at that time.