Chapter

Corporate Philanthropy in the United States: What Causes Do Corporations Back?

Doug Guthrie

in Politics and Partnerships

Published by University of Chicago Press

Published in print February 2011 | ISBN: 9780226109961
Published online February 2013 | e-ISBN: 9780226109985 | DOI: http://dx.doi.org/10.7208/chicago/9780226109985.003.0007
Corporate Philanthropy in the United States: What Causes Do Corporations Back?

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The level of philanthropic commitments by corporations has risen steadily since the middle of the twentieth century, and in 2000 the Fortune 100 group donated over $2 billion in cash gifts. Nonprofit revenue from the corporate sector is a relatively small percentage of total revenues for this sector, and the amount of money in comparison to public funding is an insignificant amount, compared to, say, funding from governmental sources. However, this source of funding is not spread evenly, and, as such, the corporate sector is a very significant source of revenue for some organizations. Further, with the ways in which public–private partnerships have changed the flow of corporate dollars, the amounts can have a significant impact. The question of what corporations do with their charitable donations becomes an important issue to explore in CSR research. This chapter illuminates exactly what corporations have done in recent years with their charitable donations. The focus here is on the question of the funding priorities of corporate philanthropic giving and, in the multivariate analysis, how these priorities are shaped by contextual and legal constraints.

Keywords: corporate philanthropy; corporations; revenue; governmental sources; charitable donations; funding priorities; public funding

Chapter.  8280 words.  Illustrated.

Subjects: Comparative and Historical Sociology

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