Giving in Numbers: 2006 Edition
This report offers an in-depth analysis of the findings from the 2005 Corporate Giving Standard (CGS) benchmarking database. Report highlights include:
- Total Giving Increased. Companies gave significantly more in 2005 than in 2004. Among a matched set of companies participating in the survey, the median dollar value of contributions increased from $32.9 million in 2004 to $37.7 million in 2005. Within the same set of companies, 77% gave more in 2005 than in 2004.
- Disaster Relief. Because of unprecedented natural disasters, including the Gulf Coast hurricanes and the Asian tsunami, disaster response played a significant role in corporate philanthropy in 2005. The median contribution to emergency relief for the Gulf Coast hurricanes alone was $2.0 million.
- Matching Gifts. Matching gifts as a percentage of total giving rose from 7.7% in 2004 to 9.7% in 2005, largely a result of special employee match programs put in place to provide disaster relief.
- The Fortune 100. Based on total giving provided by 40 companies in the Fortune 100, the typical Fortune 100 company contributed $69.2 million, more than twice the $29.0 million median for the aggregate.
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