Corporate giving is down by 0.2%, say DSC
Howard Lake | 29 August 2002 | News
The Directory of Social Change reports that corporate giving has declined by 0.2% over the previous year, the first drop in six years.
During 2000-2001, the top 400 UK companies gave £499m to charities, including £286m in cash donations. This represented 0.44% of pre-tax profits. In the USA companies give on average 1% of pre-tax profits to charity.
Most UK companies do not give to charity. The top 400 companies account for 99% of all corporate donations to charity.
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The Guardian has listed the top 25 by community contribution and the top 25 by charitable donation.
Read Corporate giving to charities falls by Nicola Hill at SocietyGuardian.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.