Corporate Philanthropy: The Latest Snapshot of Giving Trends: The Committee Encouraging Corporate Philanthropy (CECP) and The Conference Board released their Corporate Giving Standard (CGS) survey this week. Over 200 Fortune 500 companies participated in the survey including 62 Fortune 100 firms. With these companies together donating almost $20 billion total in 2011, the report reveals current trends in corporate giving. To the detractors of corporate philanthropy, or those worried that companies are doing less, this survey shows that reports of corporate giving’s demise are greatly exaggerated. Last year, 60 percent of the surveyed companies gave more than they had donated in 2009, showing that despite the global financial crises large corporate gifts are on the upswing.
Some of the more interesting findings in the survey include: