Thursday, April 28, 2011

Week 3 EOC: Charitable Companies

According to the Forbes website there are many different companies that are contributing large amounts of money to different organizations. Some of these companies that are on the top of the Forbes list are Wal-Mart, Target, and Coca-Cola. Wal-Mart alone donated 197 million dollars in 2004. Target followed behind in 2004 with 88.8 million dollars. And Coca-Cola donated 67.2 million dollars. There was another company that tops them all, “Pfizer would rank No. 1, with more than $1.2 billion of cash and in-kind donations, or 21% of its 2003 earnings. That is the first time a company topped the $1 billion mark in the 11 years the Chronicle has been keeping track.” As said in the Forbes website.  There are many companies that donate funds as well as tangible items such as clothes and food. A lot of this money is dispersed to different research companies as well as victims of weather catastrophes.

Charitable Giving.Forbes.com.Liz Moyer, 11.14.05, 6:00 AM ET
http://www.forbes.com/2005/11/11/charities-corporations-giving-cx_lm_1114charity_2.html

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