The Chronicle of Philanthropy

Corporate Giving Increased 2.7% Last Year, Study Finds

Corporate foundations gave a record $4.2-billion to charity last year, and the majority expect to donate a larger amount in 2007, says a new report.

From 2005 to 2006, philanthropy by corporate foundations rose 2.7 percent after adjusting for inflation, says the report by the Foundation Center, in New York. The research group examined...

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