Americas Charities | June 2, 2011
Drug Companies Drive 2010 Corporate Giving
By Michelle Nichols
NEW YORK — Drug companies helped drive an almost 18 percent increase in corporate philanthropy last year as they gave away medicine to poor Americans still struggling in a rough economy, a survey found on Thursday.
The Committee Encouraging Corporate Philanthropy poll of 110 companies found they gave $13 billion in cash and products last year as the United States began to emerge from recession.
While 40 percent of the 110 companies — polled annually for the past four years — boosted their giving last year by more than 10 percent, another 17 percent decreased their giving by more than 10 percent compared to 2009.
Get Resources and Insights Straight To Your Inbox
Explore More Articles
Open Position: Customer Service Coordinator (Remote-Part Time)
Position Title: Customer Service Coordinator (Remote – Part Time) Department: Charitable Funds Management Solutions We are a non-profit charitable organization looking for skilled individuals who…
Read Article
National Alzheimer’s Disease Awareness Month
President Ronald Reagan designated November as Alzheimer’s Disease Awareness Month in 1983 when there were less than two million people suffering from the disease. Since…
Read Article
National Scholarship Month/National Education Month
National Scholarship Month/National Education Month aims to build awareness of scholarships and opportunities in higher education. Established in 1998, it recognizes communities, organizations, and businesses within the…
Read ArticleGet Resources and Insights Straight To Your Inbox
Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.
