November 1, 2007
Giving by Service Companies Spurs Increase in Corporate Contributions
Corporations increased their giving by a median of 4.8 percent last year, according to a new study. The median value of company contributions of cash and products last year was nearly $33-million, which means half the companies gave less than that amount and half gave more.
The increase, spurred by giving by service companies, is the result of strong profits, improved measures for tracking and accounting for gifts, and new philanthropic commitments, especially to programs overseas,
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