June 03, 2008
Federal Fund-Raising Drive Shows Little Increase in 2007
By Grant Williams
Washington
Federal employees last year pledged $273.1-million to the Combined Federal Campaign, the government’s annual charity drive.
The total is more money than has ever been raised in the appeal but is only a slight increase over the previous year.
The campaign raised about $1.5-million — or less than 1 percent — more than 2006’s total of $271.6-million, according to the U.S. Office of Personnel Management, which oversees the campaign. The increase did not exceed the inflation rate of 4 percent for 2007.
Federal civilian employees, members of the military, and U.S. Postal Service workers each year make pledges through individual campaigns worldwide.
The Combined Federal Campaign of the National Capital Area, in Washington, raised the most of any campaign in 2007, with $60.8-million in commitments.
The Combined Federal Campaign-Overseas, whose contributors include troops deployed abroad, had the second largest tally, with pledges of nearly $15.8-million.
Those two campaigns together accounted for about 28 percent of the total dollars raised in the federal government’s annual charity drive. They are managed by Global Impact, a nonprofit organization in Alexandria, Va.
The Office of Personnel Management said that the Combined Federal Campaign has raised more than $6-billion since its inception in 1961.
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How about this as an alternative headline!
Federal Public Servants Donate $50 Million More to Charities than the Largest Corporate Foundation
Combined Federal Campaign (CFC) Raises $273 Million
Raising more than $273 million for thousands of local, national, and international charities, Federal public servants contributed unrestricted funds to help non-profits attain their universal mission of making the world a better place.
Each year, thousands of volunteers run CFC campaigns in every Federal agency in the country, and many several hundred thousand donate to chariites they care about. More than 90% of the donations are to designated charities, and the more than 90% are made through payroll deduction.
Bill Huddleston, CFC Expert
www.cfcfundraising.com
BillHuddleston@verizon.net
For comparision, here’s the list of the top 10 corporate foundations by giving:
50 Largest Corporate Foundations by Total Giving
The list below includes the 50 largest corporate foundations ranked by total giving. All figures are based on the most current audited financial data in the Foundation Center’s database as of March 31, 2008.
Rank Name/(state) Total Giving As of
Fiscal Year
End Date
1. Aventis Pharmaceuticals Health Care Foundation (NJ) $221,676,217 12/31/06
2. The Bank of America Charitable Foundation, Inc. (NC) 144,833,778 12/31/06
3. Wal-Mart Foundation (AR) 128,043,643 01/31/07
4. GE Foundation (CT) 88,252,767 12/31/06
5. The JPMorgan Chase Foundation (NY) 79,895,591 12/31/06
6. Citi Foundation (NY) 73,881,690 12/31/06
7. The Wachovia Foundation, Inc. (NC) 64,418,266 12/31/06
8. The Wells Fargo Foundation (CA) 64,359,430 12/31/06
9. ExxonMobil Foundation (TX) 62,495,330 12/31/06
10. Verizon Foundation (NJ) 59,847,733 12/31/06
— Bill Huddleston Jun 4, 02:22 PM #
Right On, Bill! It would also have been helpful to know that the number of participating charities increased by ten percent, making competition for that extra one percent fierce, to say the least. (BTW, although the CFC was up only one percent, the “independent charities” participating went up ten percent as a group.)
— The Untied Way Jun 4, 03:34 PM #