Corporate Money

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.

JPMorgan Chase has been blazing a more sophisticated trail for corporate philanthropy. But as the bank giant rolls out its newest program of grants and investments, can it really claim it’s engaged in “systems change?”

Salesforce’s commitment to Bay Area schools now totals more than $50 million over the course of its five-year partnership with its local school districts. But grants aren’t the only way that the company helps.

Foxconn is giving $100 million to the University of Wisconsin-Madison—after landing $4 billion in tax incentives to open a factory in the state. The story offers a window into what’s driving growing ties between campuses and corporations.

The Amica Companies Foundation is staying committed to Rhode Island causes. Over the past few years, it has also funded nonprofits in other parts of the U.S. that its employees are connected to through volunteerism.

Employee giving programs don't have a reputation for being engaging or exciting. Salesforce wants to change that. Its new platform promises personalization and connectivity for workplace giving in the digital age.

The bank is already one of the biggest and most important corporate funders, focusing on workforce skills and urban development. Now its philanthropic arm will have even more money to work with.  

While their reputation as disruptors of philanthropy is overblown, tech donors do want to do some things differently. The new Dropbox Foundation is a case in point. 

As corporate philanthropy gets more strategic and many millennials look to mesh their professional and charitable goals, the stodgy world of employee giving programs is starting to change. 

The giant bank has become a surprising leader in philanthropy's push for inclusive economic growth. We take a deep dive into the backstory—and what JPMorgan brings to the table that's new. 

What happens to bank foundations after mergers and acquisitions take place? Here, we look at how one particular bank deal is affecting corporate giving in the Southeast.

The philanthropic arm of the broadband provider offers modest grants, with a preference for small nonprofits where such money can go a long way.

The clean tech car company is the latest corporation to turn to giving for STEM education, with a debut round of grants in Nevada. What’s the larger strategy, here?