Does your business have philanthropy as part of its corporate DNA? Let’s discuss your path to giving. Contact us to learn more.
“This week’s Business of Giving features Jacquelline Fuller, president of Google.org, the charitable arm of the tech giant. Google founders Larry Page and Sergey Brin pledged 1 percent of the company’s net profits to philanthropy under the banner of Google.org. Corporate cash giving rose 5 percent last year, yet corporations currently donate less than 5 percent of the over $400 billion in annual giving in America. Google ranked third in the Chronicle’s study of corporate giving, with $1.76 billion in donations.
Fuller says if other companies donated 1 percent of their profits, that would be another $60 billion for charity. ‘Maybe it’s an area where we could increase not only the amount being given but also the seriousness of purpose and the outcomes,’ she says.”