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.
| Tiffany & Co. |
$ 26,000,000 |
| 1268.4 % |
5.5 % |
1.2 % |
|
| SLM Corporation |
$ 41,200,000 |
191.6 % |
357.8 % |
1.6 % |
0.9 % |
decrease |
| Freeport-McMoran Copper & Gold |
$ 21,635,415 |
-0.2 % |
28.8 % |
3.8 % |
0.9 % |
increase |
| T.Rowe Price |
$ 8,551,743 |
238.7 % |
144.3 % |
1.6 % |
0.7 % |
increase |
| General Mills |
$ 60,300,000 |
22.3 % |
42.2 % |
3.2 % |
0.5 % |
|
| Lilly, Eli |
$ 71,281,235 |
39.5 % |
53.9 % |
2.4 % |
0.5 % |
|
| Corning Inc |
$ 18,325,459 |
-36.8 % |
-11 % |
| 0.5 % |
|
| M&T Bank Corp |
$ 13,500,000 |
-1.5 % |
| 1.3 % |
0.4 % |
increase |
| Northern Trust Corp |
$ 11,400,000 |
20 % |
18.7 % |
1.5 % |
0.4 % |
increase |
| Mellon Bank Corp |
$ 19,000,000 |
| | 1.6 % |
0.4 % |
|
| PNC Bank Corp. |
$ 23,900,000 |
| | 1.4 % |
0.4 % |
|
| Biogen IDEC Inc |
$ 8,300,000 |
| | 12.9 % |
0.4 % |
|
| Medtronic Inc. |
$ 36,100,000 |
16.5 % |
33.7 % |
1.4 % |
0.4 % |
increase |
| Bristol-Myers Squibb |
$ 64,374,589 |
| | 1.5 % |
0.3 % |
increase |
| Computer Associations Inter |
$ 11,977,192 |
-22 % |
-39.9 % |
108.9 % |
0.3 % |
|
| Coca-Cola Co |
$ 67,218,705 |
20.9 % |
| 1.1 % |
0.3 % |
|
| Adobe Systems |
$ 5,083,580 |
82.9 % |
87.7 % |
0.8 % |
0.3 % |
increase |
| Washington Mutual |
$ 49,343,000 |
| 31.9 % |
1.2 % |
0.3 % |
decrease |
| Janus Capital Group |
$ 3,022,819 |
-9.2 % |
-19.2 % |
1.1 % |
0.3 % |
decrease |
| Wachovia Corp |
$ 81,743,251 |
22.5 % |
75.8 % |
1 % |
0.3 % |
increase |
| KeyCorp |
$ 15,700,000 |
-15.6 % |
-7.6 % |
1.1 % |
0.3 % |
|
| Wells Fargo |
$ 93,000,000 |
12 % |
22.9 % |
0.9 % |
0.3 % |
increase |
| Johnson & Johnson |
$ 121,800,000 |
23 % |
| 0.9 % |
0.3 % |
|
| Genzyme Corp |
$ 5,500,000 |
49.9 % |
926.1 % |
2.5 % |
0.2 % |
increase |
| AmSouth Bancorporation |
$ 7,559,758 |
-10 % |
| 0.8 % |
0.2 % |
|
| First Horizon National |
$ 6,239,877 |
-9.6 % |
| 0.9 % |
0.2 % |
decrease |
| Hilton Hotels |
$ 10,000,000 |
566.7 % |
400 % |
2.7 % |
0.2 % |
increase |
| National City Corp |
$ 23,200,000 |
17 % |
16.2 % |
0.6 % |
0.2 % |
|
| Intel Corp. |
$ 79,443,266 |
-0.2 % |
2.2 % |
0.8 % |
0.2 % |
|
| Target Corp |
$ 107,800,000 |
| 23.6 % |
3.6 % |
0.2 % |
increase |
| ADC Telecommunications. |
$ 1,694,008 |
-9 % |
-15.3 % |
5.1 % |
0.2 % |
|
| State Street Corp |
$ 12,395,273 |
-4.6 % |
19.3 % |
1 % |
0.2 % |
increase |
| Pinnacle West Capital |
$ 6,100,000 |
| | 1.7 % |
0.2 % |
|
| Tribune Co. |
$ 11,700,000 |
13.2 % |
-16.4 % |
1.2 % |
0.2 % |
|
| SBC Communications Inc. |
$ 81,000,000 |
3.8 % |
-19 % |
1.1 % |
0.2 % |
increase |
| Gannett Co |
$ 13,900,000 |
-3.5 % |
| 0.7 % |
0.2 % |
|
| Moody's Corp |
$ 2,575,277 |
18 % |
43.1 % |
0.3 % |
0.2 % |
increase |
| Altria Group, Inc. |
$ 113,354,016 |
-1.4 % |
0 % |
0.8 % |
0.2 % |
|
| Citrix Systems |
$ 1,250,000 |
56.2 % |
150 % |
0.8 % |
0.2 % |
|
| Bank of America Corp. |
$ 108,000,000 |
26.5 % |
49.4 % |
0.5 % |
0.2 % |
increase |
| International Game Technology |
$ 4,000,000 |
14.3 % |
| 0.6 % |
0.2 % |
|
| Mattell, Inc. |
$ 8,000,000 |
5.3 % |
| 1.1 % |
0.2 % |
|
| WellPoint Health Networks |
$ 32,226,000 |
| | 2.2 % |
0.2 % |
increase |
| Starbucks Inc. |
$ 8,100,000 |
35 % |
-2.4 % |
1.3 % |
0.2 % |
increase |
| Abbott Laboratories |
$ 30,000,000 |
7.1 % |
| 0.7 % |
0.2 % |
|
| Allergan, Inc |
$ 3,100,000 |
| | 0.6 % |
0.2 % |
increase |
| Molson Coors Brewing Co. |
$ 6,400,000 |
| | 2.1 % |
0.1 % |
|
| Alcoa Inc. |
$ 28,225,828 |
6.5 % |
-18.9 % |
1.3 % |
0.1 % |
|
| Union Pacific |
$ 14,380,000 |
15 % |
30.7 % |
1.7 % |
0.1 % |
|
| Sempra Energy |
$ 9,800,000 |
16.7 % |
22.2 % |
0.9 % |
0.1 % |
increase |
| Hasbro Inc. |
$ 4,396,641 |
33 % |
37.4 % |
1.7 % |
0.1 % |
|
| Cisco Systems |
$ 33,400,000 |
-12.6 % |
-27.9 % |
0.4 % |
0.1 % |
|
| Limited Brands, Inc |
$ 11,500,000 |
| | 1 % |
0.1 % |
increase |
| Pfizer, Inc. |
$ 70,554,302 |
-15.3 % |
-4.4 % |
0.5 % |
0.1 % |
increase |
| Time Warner Inc. |
$ 55,185,974 |
47.6 % |
| 1.1 % |
0.1 % |
increase |
| Supervalu Inc. |
$ 25,000,000 |
150 % |
| 4.2 % |
0.1 % |
|
| Microsoft Corp. |
$ 47,700,000 |
19.2 % |
19.4 % |
0.3 % |
0.1 % |
increase |
| NIKE Inc. |
$ 16,200,000 |
12.5 % |
-45.3 % |
0.9 % |
0.1 % |
increase |
| Phelps Dodge |
$ 8,263,292 |
| 351.7 % |
0.6 % |
0.1 % |
increase |
| Progress Energy Inc. |
$ 11,256,952 |
-19 % |
79836439.7 % |
1.3 % |
0.1 % |
|
| Exelon Corp. |
$ 16,482,486 |
| | 0.7 % |
0.1 % |
|
| Applied Materials |
$ 8,787,929 |
| -0.8 % |
0.5 % |
0.1 % |
|
| Federated Department Stores |
$ 17,600,000 |
-55.3 % |
10 % |
1.6 % |
0.1 % |
|
| United Parcel Service |
$ 39,700,000 |
-0.3 % |
3.4 % |
0.8 % |
0.1 % |
increase |
| American Express |
$ 32,000,000 |
6.7 % |
3.2 % |
0.6 % |
0.1 % |
increase |
| Rockwell Automation |
$ 4,700,000 |
| 14.6 % |
1.1 % |
0.1 % |
decrease |
| Entergy Corp |
$ 10,700,000 |
5.9 % |
| 0.8 % |
0.1 % |
|
| Apache Corp. |
$ 5,500,000 |
| | 0.2 % |
0.1 % |
increase |
| Federal Home Loan Mortgage Corp-Freddie Mac |
$ 34,000,000 |
-33.9 % |
| 0.9 % |
0.1 % |
|
| Texas Instruments |
$ 13,000,000 |
| | 0.5 % |
0.1 % |
|
| Ameren Corporation |
$ 5,305,369 |
42.3 % |
65.7 % |
0.6 % |
0.1 % |
increase |
| Citigroup Inc. |
$ 111,284,462 |
36.7 % |
43.1 % |
0.5 % |
0.1 % |
increase |
| Burlington Resources |
$ 5,700,000 |
-8.1 % |
21.3 % |
0.2 % |
0.1 % |
increase |
| Verizon Communications |
$ 71,449,421 |
2.1 % |
-4.7 % |
0.6 % |
0.1 % |
|
| BMC Software |
$ 1,400,000 |
27.3 % |
-6.7 % |
1.4 % |
0.1 % |
|
| DTE Energy Co. |
$ 6,800,000 |
6.2 % |
| 1.7 % |
0.1 % |
increase |
| Kellogg Co. |
$ 9,000,000 |
38.5 % |
| 0.7 % |
0.1 % |
|
| Clorox Co |
$ 4,094,143 |
20.4 % |
26.1 % |
0.6 % |
0.1 % |
|
| McGraw-Hill Corp. |
$ 4,800,000 |
9.1 % |
33.3 % |
0.4 % |
0.1 % |
increase |
| BellSouth |
$ 18,230,000 |
3.6 % |
| 0.4 % |
0.1 % |
|
| Federated Investors, Inc |
$ 750,900 |
50.2 % |
| 0.3 % |
0.1 % |
|
| Aetna Inc |
$ 17,500,000 |
6.1 % |
16.7 % |
0.9 % |
0.1 % |
increase |
| Morgan Stanley |
$ 33,855,869 |
7 % |
| 0.5 % |
0.1 % |
increase |
| Du Pont, E.I. |
$ 23,348,000 |
-6.6 % |
| 1.6 % |
0.1 % |
decrease |
| MBIA Inc. |
$ 1,700,000 |
6.2 % |
75.3 % |
0.2 % |
0.1 % |
|
| Advanced Micro Devices |
$ 4,207,039 |
| 20.2 % |
5.4 % |
0.1 % |
|
| Ecolab Inc. |
$ 3,500,000 |
1.7 % |
28.4 % |
0.7 % |
0.1 % |
increase |
| Constellation Energy Group |
$ 10,440,000 |
| | 1.3 % |
0.1 % |
decrease |
| Becton, Dickinson |
$ 4,100,000 |
7.9 % |
2 % |
0.5 % |
0.1 % |
increase |
| Prudential Financial |
$ 23,491,112 |
| -32.9 % |
0.7 % |
0.1 % |
|
| Rockwell Collins |
$ 2,365,371 |
9.5 % |
0.9 % |
0.6 % |
0.1 % |
increase |
| Duke Energy |
$ 17,867,437 |
7.7 % |
10.3 % |
0.9 % |
0.1 % |
increase |
| Xerox Corp |
$ 12,400,000 |
12.7 % |
-1.6 % |
1.1 % |
0.1 % |
increase |
| MeadWestvaco Corporation |
$ 5,900,000 |
14.6 % |
| | 0.1 % |
decrease |
| Edison International |
$ 6,192,091 |
| 67.4 % |
2.4 % |
0.1 % |
increase |
| Ambac Financial Group |
$ 704,000 |
-0.7 % |
8.3 % |
0.1 % |
0.1 % |
|
| Lucent Technologies |
$ 7,100,000 |
-21.1 % |
-72.7 % |
0.7 % |
0.1 % |
|
| Hewlett-Packard |
$ 61,600,000 |
181.3 % |
148.3 % |
1.5 % |
0.1 % |
decrease |
| Gillette Co |
$ 8,000,000 |
| | 0.3 % |
0.1 % |
|
| Dominion Resources |
$ 10,650,000 |
33.1 % |
33.1 % |
0.5 % |
0.1 % |
increase |
| Baxter International Inc. |
$ 7,200,000 |
-16.3 % |
100 % |
1.7 % |
0.1 % |
|
| St. Paul Travelers Cos. |
$ 17,274,620 |
60 % |
| 1.5 % |
0.1 % |
decrease |
| PepsiCo, Inc |
$ 22,000,000 |
| -16.7 % |
0.4 % |
0.1 % |
increase |
| CINergy |
$ 3,500,000 |
| -12.5 % |
0.7 % |
0.1 % |
increase |
| Whirlpool Corp |
$ 9,798,400 |
| | 1.6 % |
0.1 % |
decrease |
| Tektronix Inc. |
$ 761,878 |
| 25.3 % |
0.6 % |
0.1 % |
increase |
| Yum! Brands, Inc |
$ 6,550,000 |
17 % |
| 0.6 % |
0.1 % |
increase |
| HCA Inc. |
$ 17,209,164 |
-48.8 % |
| 0.8 % |
0.1 % |
increase |
| Oracle Corp. |
$ 8,500,000 |
| -7.6 % |
0.2 % |
0.1 % |
|
| NiSource Inc. |
$ 4,800,000 |
-4 % |
-4 % |
0.7 % |
0.1 % |
increase |
| Consolidated Edison |
$ 7,000,000 |
1.8 % |
| 0.8 % |
0.1 % |
|
| Safeway Inc |
$ 25,000,000 |
| -19.4 % |
3.1 % |
0.1 % |
|
| Knight-Ridder Inc |
$ 2,100,000 |
| 5 % |
0.4 % |
0.1 % |
|
| Best Buy |
$ 18,817,944 |
36.2 % |
19 % |
1.3 % |
0.1 % |
increase |
| PG&E Corp. |
$ 7,553,869 |
111.3 % |
91.5 % |
0.1 % |
0.1 % |
increase |
| Cooper Industries |
$ 3,000,000 |
| -14.5 % |
0.7 % |
0.1 % |
|
| Wal-Mart Stores, Inc. |
$ 188,000,000 |
6.8 % |
20.5 % |
1.2 % |
0.1 % |
increase |
| American Electric Power |
$ 9,139,661 |
| 19.7 % |
0.5 % |
0.1 % |
|
| Ford Motors |
$ 109,800,000 |
-8.5 % |
-15.4 % |
2.3 % |
0.1 % |
|
| Illinois Tool Works |
$ 7,576,127 |
-24.2 % |
-5.3 % |
0.4 % |
0.1 % |
increase |
| Jefferson-Pilot |
$ 2,606,114 |
-0.3 % |
7.3 % |
0.3 % |
0.1 % |
|
| Northrop Grumman Corporation |
$ 18,900,000 |
| 52.4 % |
1.2 % |
0.1 % |
increase |
| Scientific-Atlanta |
$ 1,200,000 |
-20 % |
-14.3 % |
0.4 % |
0.1 % |
decrease |
| Norfolk Southern Corp |
$ 4,470,000 |
39.7 % |
24.5 % |
0.3 % |
0.1 % |
increase |
| Starwood Hotels & Resorts |
$ 3,277,440 |
24.6 % |
173.1 % |
0.8 % |
0.1 % |
increase |
| Symbol Technologies |
$ 471,388 |
14.4 % |
57.1 % |
0.4 % |
0 % |
|
| Sun Microsystems |
$ 2,800,000 |
| 40 % |
| 0 % |
increase |
| Hartford Financial Services Group |
$ 5,603,753 |
-5.6 % |
13.8 % |
0.2 % |
0 % |
increase |
| Grainger, W.W. Inc. |
$ 3,000,000 |
| | 0.7 % |
0.1 % |
|
| Lexmark International Inc. |
$ 3,120,000 |
191.5 % |
266.2 % |
0.4 % |
0.1 % |
increase |
| Coca-Cola Enterprises |
$ 10,300,000 |
| | 1.3 % |
0.1 % |
|
| Rohm & Haas |
$ 4,000,000 |
-2.4 % |
| 0.6 % |
0.1 % |
increase |
| General Electric |
$ 81,000,000 |
9.6 % |
12.7 % |
0.4 % |
0.1 % |
increase |
| Humana Inc. |
$ 6,927,713 |
16.3 % |
| 1.7 % |
0.1 % |
increase |
| The Gap |
$ 8,579,999 |
38 % |
82.6 % |
0.5 % |
0.1 % |
increase |
| Goodrich |
$ 2,100,000 |
-17.9 % |
-30 % |
1.1 % |
0 % |
|
| Goldman Sachs Group |
$ 10,200,000 |
-33.5 % |
| 0.2 % |
0 % |
|
| Fluor Corp |
$ 4,950,000 |
| -1 % |
1.8 % |
0.1 % |
|
| ACE Limited |
$ 6,400,000 |
156 % |
| 0.4 % |
0.1 % |
increase |
| Textron Inc. |
$ 5,200,000 |
-1.4 % |
-7.1 % |
1 % |
0.1 % |
|
| Honeywell International Inc. |
$ 12,500,000 |
| 15.7 % |
0.7 % |
0 % |
|
| Home Depot |
$ 35,500,000 |
42 % |
| 0.4 % |
0 % |
|
| XL Capital |
$ 4,800,000 |
| 140 % |
0.4 % |
0 % |
decrease |
| Liz Claiborne, Inc. |
$ 2,128,200 |
-3.3 % |
-11.3 % |
0.4 % |
0 % |
increase |
| Peoples Energy |
$ 1,075,000 |
| | 0.9 % |
0 % |
increase |
| Eaton Corp. |
$ 4,471,000 |
-0.6 % |
8.7 % |
0.6 % |
0 % |
increase |
| Parametric Technology |
$ 300,000 |
100 % |
100 % |
0.8 % |
0 % |
increase |
| United Technologies |
$ 16,654,506 |
-0.7 % |
19 % |
0.4 % |
0 % |
|
| Chevron Texaco Corp |
$ 63,800,000 |
| | 0.3 % |
0 % |
increase |
| Valero Energy |
$ 23,650,000 |
| | 0.9 % |
0 % |
increase |
| AFLAC Corporation |
$ 5,795,650 |
| | 0.3 % |
0 % |
increase |
| Charles Schwab |
$ 1,924,691 |
89.6 % |
-52 % |
0.3 % |
0 % |
increase |
| UnumProvident Corp. |
$ 4,500,000 |
36.4 % |
125 % |
| 0 % |
increase |
| Allstate Corp |
$ 13,988,998 |
| | 0.3 % |
0 % |
increase |
| Burlington Northern Santa Fe |
$ 4,500,000 |
-10 % |
28.6 % |
0.4 % |
0 % |
increase |
| Exxon Mobil Corp. |
$ 106,500,000 |
9.7 % |
9.6 % |
0.3 % |
0 % |
increase |
| Boston Scientific |
$ 2,120,000 |
| | 0.1 % |
0 % |
increase |
| Eastman Chemical |
$ 2,421,862 |
| | 3.7 % |
0 % |
|
| International Paper |
$ 8,878,000 |
-27.2 % |
-55.6 % |
1.2 % |
0 % |
|
| Public Service Enterprises |
$ 3,800,000 |
| | 0.3 % |
0 % |
increase |
| Pulte Homes, Inc |
$ 4,000,734 |
| | 0.3 % |
0 % |
increase |
| SAFECO Corp |
$ 2,078,999 |
-49.3 % |
-48 % |
0.2 % |
0 % |
increase |
| Autodesk Inc. |
$ 408,283 |
-31.2 % |
-5.1 % |
0.2 % |
0 % |
increase |
| ConocoPhillips |
$ 37,080,101 |
8.9 % |
| 0.3 % |
0 % |
increase |
| New York Times CI. A |
$ 1,006,358 |
-84.6 % |
-87.4 % |
0.2 % |
0 % |
|
| LSI Logic |
$ 500,000 |
| | | 0 % |
|
| International Business Machines |
$ 28,200,000 |
9.7 % |
-9.9 % |
0.2 % |
0 % |
|
| Motorola Inc. |
$ 9,000,000 |
| | 0.3 % |
0 % |
increase |
| Office Depot |
$ 4,745,035 |
17.4 % |
53.1 % |
0.8 % |
0 % |
|
| General Motors |
$ 51,200,000 |
| | 2.7 % |
0 % |
|
| Pepsi Bottling Group |
$ 1,840,000 |
15 % |
-3.2 % |
0.2 % |
0 % |
increase |
| Calpine Corp. |
$ 2,400,000 |
2976.9 % |
700 % |
| 0 % |
decrease |
| Georgia-Pacific Group |
$ 4,900,000 |
| | 0.5 % |
0 % |
|
| Network Appliance |
$ 398,000 |
-0.1 % |
13.7 % |
0.1 % |
0 % |
increase |
| Johnson Controls, Inc |
$ 6,300,000 |
| 1.6 % |
0.5 % |
0 % |
increase |
| Halliburton Co. |
$ 4,812,433 |
-29.8 % |
-46.5 % |
0.7 % |
0 % |
|
| Wendy's International |
$ 830,000 |
| | 0.5 % |
0 % |
increase |
| Yahoo Inc. |
$ 811,000 |
| | 0.1 % |
0 % |
increase |
| Electronic Data Systems |
$ 4,005,018 |
8.2 % |
| | 0 % |
|
| Progressive Inc. |
$ 2,600,000 |
| | 0.1 % |
0 % |
increase |
| Tellabs Inc. |
$ 208,776 |
68.4 % |
-86.1 % |
| 0 % |
|
| Hospira, Inc. |
$ 412,000 |
| | 0.1 % |
0 % |
increase |
| Rowan Cos. |
$ 100,000 |
| -69.2 % |
0.2 % |
0 % |
|
| McKesson Corp |
$ 5,253,000 |
31.3 % |
25.1 % |
| 0 % |
increase |
| Altera Corp. |
$ 63,000 |
| | 0 % |
0 % |
increase |
| Andrew Corp. |
$ 2,000,000 |
| | 0 % |
0 % |
increase |
| National Semiconductor |
$ 2,000,000 |
| | 0 % |
0 % |
|
| Raytheon Co. |
$ 13,300,000 |
| | 0 % |
0 % |
decrease |
| Alberto-Culver |
| | | | | |
| Block, H & R |
| | | | | |
| Campbell Soup |
| | | | | |
| Dell Computer |
| | | | | increase |
| Devon Energy Corp |
| | | | | increase |
| EMC Corp. |
| | | | | |
| FIserv Inc. |
| | | | | increase |
| Jones Apparel Group |
| | | | | increase |
| Merck & Co. |
$ 58,000,000 |
7.4 % |
| | | |
|
