Corporate Giving to Stay at low levels in 2010

A Chronicle of Philanthropy survey of 162 of the country’s largest corporations found that 73% of businesses will give the same amount to charities in 2010 as they did in 2009 – a year in which giving fell by 7.5%.

“Corporate profits are on the rebound, but most big businesses say it will be some time before they can give as much cash as they did before the recession.”

However, the survey found that companies are looking for other ways to help: “Fifty-four percent of businesses in the survey said they are encouraging employees to volunteer more, 25 percent are giving more money to groups that serve people hard hit by the recession, and 16 percent are donating more products and services.”

Here you can see the full results of the survey and find a searchable database of all 162 surveyed companies.

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