December 2, 1999
New Group Hopes to Increase Corporate Giving to $15-Billion a Year
Some of the nation's top business leaders, along with the actor and businessman Paul Newman, are calling for companies nationwide to increase to $15-billion the total amount of their annual charitable gifts by 2004.
To help spur corporate giving, the business leaders have formed a new non-profit group, called the Committee to Encourage Corporate Philanthropy. So far, more than two dozen chief executive officers of the country's largest companies, including
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