The annual survey of corporate giving by the Chronicle of Philanthropy lists several tech corporations as among the most generous of all U.S. companies. The corporations that scored high donated between .02 percent of their pre-tax profit, recorded by IBM, and 1.4 percent, recorded by AT&T. AT&T donated $95 million to arts and culture, health, the United Way, education, and community development. Verizon gave $56 million for health and education issues and programs. Microsoft directed almost $100 million to a wide variety of programs and issues, including social entrepreneurs, children and youth, arts and culture, human services, local and regional causes, nonprofit development, and community development. Google donated $105 million for environment and conservation, international relief, children and youth, education, and science and technology. IBM gave $48 million for human services, education, and community development. And Intel directed $104 million for diversity, science and technology, the United Way, and education causes.
In the next Minute, I’ll look at the listings in the consumer sector.
I’m John Howell for 3BL Media.
Video Source: Corporations That Care, Part 3: The Tech Sector
