Corporate Money

Comcast-NBC Universal Foundation’s work on the digital divide, as well as its other philanthropic efforts, focuses strongly on communities where the company has a presence. Here’s an inside look at how this media giant does its giving.

An estimated 8 million tons of plastic enter the ocean each year, threatening vital marine ecosystems, and most of it comes from rivers. Can a new partnership between the Benioff Ocean Initiative and Coca-Cola “turn off the tap” of river plastic?

The lack of savings in underserved communities leaves vulnerable populations ill equipped to weather unexpected emergencies and achieve financial security. JPMorgan Chase recently unveiled a new $125 million effort to address this problem.

Atlanta has the highest level of income inequality of any city in America, with nearly half of residents in its Westside area living in poverty. The SunTrust Foundation is part of a new collaboration that’s coming together to try to turn things around.

A growing number of philanthropic initiatives are zeroing in on the many teenagers and young adults who aren’t engaged in either school or work. The latest effort, from a major financial products company, is addressing this vexing problem at a global level.

Students in San Diego schools are at risk of encountering or experiencing human trafficking. A new private-public collaborative seeks to help teachers and children take on this devastating issue.

Citizens Financial Group is one of the largest financial institutions in the U.S., but its Citizens Charitable Foundation focuses on the New England region, especially Rhode Island and Massachusetts. Here are four things to know about its grantmaking.

The Conservation Alliance is a network of outdoor industry companies coming together and making grants to protect the wild lands they rely on. Members pool dues and vote on grantees, mimicking the popular giving circle model at the corporate level.

Arby’s is more than just a fast-food restaurant; it also has a philanthropic foundation that awards grants. Here are three things to know about Arby’s Foundation giving in the Southeastern U.S.

The IT company Cognizant launched a foundation last year as part of its efforts to bolster STEM skills in the U.S. It recently started grantmaking and appointed an executive director. A focus on girls and women has figured prominently in its early moves.

The Los Angeles Dodgers Foundation has one of the most well-established and accessible grantmaking programs in Major League Baseball and gives out grants three times each year. Here’s what local grantseekers need to know.

The Barnes Group Foundation has been supporting local groups in Connecticut and other location where it operates for nearly 75 years. We identify its key philanthropic avenues and initiatives, including a robust employee volunteer program.

Following a $70 billion merger, CVS Health and Aetna are doing more than fusing companies—they’re combining their corporate giving and have already made millions of dollars in grants. What’s the strategy? And which nonprofits are getting money?

Micron Technology typically isn’t mentioned in the same breath as Google, Microsoft, or Intel, but when it comes to boosting gender parity and diversity in the STEM field, its giving arm punches well above its weight.

New casinos are often the focal points of controversy, and the Encore Boston Harbor is certain no exception. Here’s what it has been doing to turn its image around and connect with the local Boston community.

Boehringer Ingelheim and its BI Cares Foundation make a lot of grants in Connecticut, but also to researchers nationwide. What healthcare access, STEM, and research programs does this pharmaceutical giant back?

There’s plenty in the philanthropy of energy companies to inspire cynicism. But given the expanding grantmaking of firms like NW Natural, it’s important for nonprofits—including green groups—to pay attention to who’s making grants and how to get in on the action.

The SunTrust Foundation, based in Atlanta, launched its Lighting the Way awards program in 2016 to recognize nonprofits in its market areas building financial confidence in their communities. Where are grants going?

Patagonia’s announcement that it’s donating $10 million it saved from the GOP’s corporate tax cut is not so surprising given the company’s history of taking political stands and backing grassroots groups. Where do its grants go?

Many of the workforce development groups drawing funder support engage in matchmaking to hook up employers and jobseekers. JPMorgan Chase is backing such an effort in the South Bronx, with a focus on placing youth in unfilled IT jobs.

Last year’s violence in Charlottesville, VA triggered some major donations at the time. More recently, Bank of America gave $1 million to UVA’s education school to promote tolerance in youth. Other donors have also stepped forward.

Wells Fargo is the latest bank to make a big bet on urban community development, with a focus on Washington, D.C. The move comes amid multiple scandals around the bank, which badly needs some good publicity.

The Dorsey & Whitney Foundation, an international law firm based in Minnesota, supports the communities where its lawyers work—in a variety of ways. We take a quick look at its grantmaking, local employee engagement, and pro bono legal services.

Alaska Airlines’ giving is a great example of aligned corporate philanthropy. It backs causes that emerge out its core business of aviation, including STEM education, aviation workforce development, and charity flight.

While it’s tempting to welcome a fossil fuel giant’s donation toward climate change policy, ExxonMobil’s $1 million backing of a carbon tax is relatively minuscule, and ultimately serves the corporation’s bottom line.

Amalgamated Bank has been expanding, increasing its engagement with philanthropy, launching a foundation and a DAF platform, and hiring a former progressive grantmaker to manage philanthropic clients.