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10 of the companies that give the most to charity in the US
Charity is part of the missions of some of the biggest companies in the US. In 2017, donations to charity reached an estimated $410 billion. Here's 10 of the US companies that give the most to charity.
Wells Fargo & Company donated 1% of its $27.4 billion pretax profit to charity.
Here's something to feel good about: Total charitable giving in the United States reached record levels in 2017, with an estimated $410 billion donated to various causes by groups and individuals, Charity Navigator.
Of that total, 5% — or nearly $21 billion — came from corporations, up 8% from the previous year.
Here's a look at some of the US companies that donate the most to charity.
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1. Gilead Sciences leads the pack in charitable giving for 2017
Gilead Sciences donated the most money to charity in 2017 of the companies surveyed by the Chronicle of Philanthropy.
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2. Wells Fargo & Company gives back locally and nationally
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Wells Fargo donated $287 million in 2017.
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3. Goldman Sachs Group has increased its giving since 2007
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In 2017, Goldman Sachs Group donated $280 million to charitable causes.
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4. Google gives back via Google.org, its philanthropic arm
The Action Against Hunger 2015 Benefit Gala. Google is a partner and funder for this charity.
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5. JPMorgan Chase & Company supports financial initiatives
JPMorgan Chase donated 0.7% of its $35.9 billion pretax profit in 2017.
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6. Johnson & Johnson focuses on health-related causes locally and globally
Johnson & Johnson HQ in New Brunswick, New Jersey.
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7. Pfizer donates funds to support health-related causes
Pfizer donated $210 million to charity in 2017.
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8. ExxonMobil focuses on three main areas with its giving
Education, malaria prevention, and economic opportunities for women have been the targets of ExxonMobil's charitable donations.
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9. Bank of America funds workforce education, community development, and more
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Bank of America donated $181 million to charity in 2017.
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10. Microsoft Corporation works with more than 200,000 nonprofits
In 2017, Microsoft made a $25 million commitment to the Markle Foundation’s Skillful program.
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