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Economy, Global Poverty, Philanthropy

Forbes Calculates America’s Most Generous Companies

Forbes
A new survey released by The Chronicle of Philanthropy ranks 12 companies in order of who gave away the highest percentage of profits in 2013. Seventy U.S. companies participated in the survey. The top 12 most generous companies are listed below along with descriptions of their core values and donations.

12 Most Generous American Companies

  1. Alcoa: Alcoa, a metals, engineering and manufacturing company, values innovative solutions that better the world. They donated 12.1 percent of their profits to worthy causes.
  2. Safeway: Safeway, a grocery and food supply company, values quality food and integrity. They donated 7.2 percent of their profits to worthy causes.
  3. UPS: UPS, a commerce and messaging company, values excellent service and dedication. They donated 5.6 percent of their profits to worthy causes.
  4. Bank of America: Bank of America, a banking company, believes in the power of helping all people. They donated 5.4 percent of their products to worthy causes.
  5. State Farm Insurance: State Farm Insurance, an insurance company, values being a Good Neighbor and helping those in need. They donated 4.1 percent of their profits to worthy causes.
  6. Kroger: Kroger, a retail food company, believes in proving the best service, selection and value. They donated 3.3 percent of their profits to worthy causes.
  7. MetLife: MetLife, an insurance, benefits and retirement company, values individuals and seeks to help the future of others. They donated 3.2 percent of their profits to worthy causes.
  8. Target: Target, a retail company, values quality products to enable a successful life. They donated 3.2 percent of their profits to worthy causes.
  9. Nationwide: Nationwide, an insurance company, values helping others. They donated 3.2 percent of their profits to worthy causes.
  10. DOW Chemical: DOW Chemical, a chemical, biological and physical sciences company, is committed to innovations that help the world. They donated 2.4 percent of their profits to worthy causes.
  11. Goldman Sachs Group: Goldman Sachs Group, a bank, securities and investment management company, believes in making a difference in someone’s life. They donated 2.3 percent of their profits to worthy causes.
  12. Exelon: Exelon, an energy service company, values progress and knowledge that will help the world. They donated 2 percent of their profits to worthy causes.

– Kelsey Parrotte

Sources: Alcoa, Bank of America, DOW, Exelon, Forbes 1, Forbes 2, Goldman Sachs, Kroger, MetLife, Nationwide, Safeway, State Farm,, Target, UPS
Photo: Flickr

August 9, 2015
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