The Chronicle of Philanthropy’s latest corporate giving survey of 68 of the largest public companies revealed:
- Cash gifts by some of the largest U.S. companies rose 5 percent in 2017
- The median share of pre-tax profits contributed in 2017 was about 1%
- Top recipients of companies’ dollars were community causes, K-12 groups, and higher education. Those were followed by the arts and the environment, which displaced health and children as the fourth and fifth most popular causes in the Chronicle’s previous corporate-giving survey two years ago
- Total giving climbed by about 8% to $19.9 billion in 2017, up from $18.4 billion in 2016 with cash giving accounting for $4.5 billion
