Pharmaceutical companies remain the top donor industry in the United States. Although lower than in 2007, their US contributions outpaced all other industry groups with respect to actual cash and product contributions.
Health and human services organizations received the largest share of corporate support, both in the United States and internationally; however, US contributions to health and human services organizations decreased in 2008.
When examined by industrial sector, manufacturing companies made 66.17% of their US contributions as non-cash (close to last year’s 68.6%), compared to the services sector at 10.22% (up from last year’s 6.09%).
The banking industry was the largest cash giver (direct and foundation) at $584.78 million, followed by pharmaceuticals ($407.85 million); retail and wholesale trade ($356.56 million); insurance ($295.60); and food, beverage, and tobacco ($262 million) US Contributions
Environmental organizations received the smallest share of US corporate giving at $146.43 million, which is just 2.54%. Transportation companies made the largest contribution to environmental organizations, both in terms of dollars ($38.29 million) and as a percent of the industry total (37.80%). Telecommunications companies contributed the least to the environment (less than 0.01%), followed by pharmaceutical companies and precision instruments (both 0.06%)
The full report is available to London Business School staff, students, faculty and alumni from the Conference Board Research database, which can be found on the A-Z list of library databases via Portal.