June 14, 2007
Corporate Gifts Rose 4.7% Last Year
Corporations increased their giving by a median of 4.7 percent last year, say preliminary findings from a new study.
The median value of company contributions last year was nearly $33.3-million, which means half the companies gave less than that amount and half gave more.
The growth, fueled mostly by businesses in the service industry, followed a spike in corporate giving in 2005, when many companies increased their donations to provide relief in the wake of Hurricane Katrina
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