After a two-year drop in charitable contributions brought on bythe Great Recession, donations from individuals, corporations andfoundations have rebounded, according to Giving USA Foundation. Thelargest decreases in more than 40 years occurred in 2008 and 2009,the foundation noted. However, in 2010, charitable contributionswere an estimated $290.89 billion, up from $280.30 billion in2009.
|
For the third year in a row, Walmart was the top biggestcorporate donor in 2010, according to the Chronicle ofPhilanthropy. The retail giant gave more than $300 million to localand national initiatives to fight hunger and bring economicdevelopment to communities.
|
Describing the grocery store chain as an active participant inthe Food 4 Less program to feed the hungry as well as raising moneyfor military families, the Chronicle of Philanthropy ranked Krogeras the top charitable company in 2010.
|
Consumers gave the most to religious organizations in 2010,according to Giving USA Foundation, an organization that tracksphilanthropy through research and education. Individuals were theleast likely to receive a charitable gift, the ranking showed.
|
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
