They are also seeking to be a no emissions facility by 2040 and have just signed the largest ever green bond, pledging $2 billion a year, for the next few years, to introduce new environmentally friendly solutions to nearly every part of their operating system. Walmart’s giving ranges across many philanthropic initiatives, including a recent $10 million pledge to Hurricane Ida Relief. They reportedly donate 600 million pounds of food products to registered food banks each year as well. That’s billion, with a B! That’s a lot of dough. Walmart and The Walmart Foundation together give approximately $1 billion dollars annually to community projects and charities. Sam Walton was a strong community member, and though he is gone, his company still believes in helping to uphold the local communities where they are located. This worldwide megastore was, just a few decades ago, a homegrown Arkansas grocery store. Learn more about their corporate giving policy here. They also give corporate grants to disaster and hunger relief efforts and military and veteran affairs. They have formed Target House, a very similar concept to Ronald McDonald House, which works with St. Target has a multi-faceted and generous giving platform. In the 2020 fiscal year, that totaled $48 million dollars given to disaster relief and hundred of other local organizations via their grant program. Costco reportedly budgets 1% of pretax profits to charitable contributions. Large charities can apply online via the Grant Donation Form. The Warehouse Donations are for small charities and are handled by local warehouses, the donation request form can be printed online and taken to your local Costco. The requesting organization must be a registered 501(c)(3) and focus its efforts on one of the aforementioned areas of service. In a rare instance in the charity world, Costco only fulfills monetary requests.
CostcoĬostco focuses its charitable giving on programs that support children, education, and health and human services. Grocery, Wholesale, and General Stores 2. Let’s take a look at some of the great companies (in no particular order) that give back daily to better our environments. That’s the down and dirty of it, but when digging into the whats, whys, and how muches of many of these companies, it becomes evident that some really do have a passion to make people’s lives better! However, and for whatever reason, they choose to do it, the fact is that without the support of these great givers many of our non-profits and charities would not be able to perform the incredible work they do, and our communities would suffer for sure. We all know many companies give back because they need a break from the IRS. This ingenious platform allows companies to pledge 1% of their equity, time, profit, or product to a charity of their choice.īefore we get to the list, let’s be real for a second. Thousands of smaller companies like Alloy, Horizon, and Hint Water Company are a part of the amazing Pledge 1% Campaign. Still, other corporations, like Adobe, choose to gift supplies that help increase the quality of life of others. Many large corporations, like General Motors, have their own foundations dedicated to giving back and supporting community projects of their choice.
Other companies participate in grants and good old cash handouts received through donation requests. This policy used by GAP and American Eagle matches the contributions of employees up to a certain amount to their chosen non-profits. Still, other corporations give back by matching employee donations. Let’s Roam has provided more than $1,000,000 in in-kind donations to charitable organizations in the form of scavenger hunt vouchers, merchandise, and more! Other organizations pledge volunteer hours with non-profits, with some even going as far as to give their employees up to 7 days off a year to volunteer. There are a plethora of ways that a corporation can give back to the community. They are dedicated to giving back to the communities they serve, and some of them get pretty clever doing it! Remember that old adage, “to whom much is given, much is expected?” Well, in a world that often seems to be driven by greed and the bottom dollar, there are still some generous companies out there who take this golden rule to heart.
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