Corporate Philanthropy Remains Steady and Strong
Submitted by: Global Impact
Posted: May 26, 2011 – 11:46 AM EST
ALEXANDRIA, Va., May 26 /CSRwire/ - Giving to international causes is the fastest-growing area of interest for donors, according to the study released today from Global Impact, whose mission is to assure help for the world’s most vulnerable people. Moving Beyond Boundaries reports that U.S.-based corporations and donors are increasingly generous in their international contributions to help people in need, even in the midst of current economic climate.
"The generosity of Americans never ceases to amaze and impress me," said Renée S. Acosta, President & CEO of Global Impact. "Despite the challenges faced at home, individuals and corporations are stretching themselves to improve the lives of others and most impressively, help those they may never meet."
Key statistics cited include:
The report also states that companies express greater interest in giving to international organizations that help the people in the regions where they have operations. The number of organizations that establish partnerships with Global Impact increases year over year including partnerships with companies that include JPMorgan Chase, Thomson Reuters, TIAA-CREF, Cisco, Intel, Microsoft, Wells Fargo, United Health Group and United Airlines. Global Impact provided more than 75 companies with innovative giving solutions over the past decade.
About Global Impact
Global Impact raises funds to meet critical humanitarian needs around the world. Global Impact supports an alliance of 58 U.S.-based international charities through innovative partnerships and employee giving programs and provides solutions to meet the unique giving needs of organizations and donors. Additionally, Global Impact distributes charitable donations for some of America's top corporations and manages two of the world's largest workplace giving campaigns: the Combined Federal Campaign of the National Capital Area and the Combined Federal Campaign-Overseas. Since 1956, Global Impact has generated more than $1.3 billion to assure help for the world’s most vulnerable people. Learn more at www.charity.org.
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