Key Takeaways
- In 2022, total U.S. corporate charitable giving reached $29.48 billion, marking a 3.4% increase from 2021 and representing 4% of total philanthropy in the U.S.
- Corporate giving in the U.S. accounted for $21.58 billion in foundation grants from corporate foundations in 2022, up 4.5% adjusted for inflation
- Between 2018 and 2022, U.S. corporate cash donations grew by 15%, totaling $17.2 billion in 2022 excluding foundation grants
- U.S. tech sector corporate giving totaled $12.4 billion in 2022, 42% of all corporate philanthropy
- Financial services firms donated $4.1 billion in 2022, focusing 35% on financial literacy programs
- Healthcare companies contributed $3.8 billion to charities in 2022, with 50% going to health-related causes
- In 2022, corporate foundations distributed $25.6 billion in grants, with 55% from manufacturing-linked foundations
- The largest 1,000 corporate foundations in the U.S. awarded $14.2 billion in 2021, averaging $14.2 million each
- Walmart Foundation granted $1.2 billion in 2022 to hunger relief and sustainability
- Corporate giving increased 5% annually from 2018-2022, driven by ESG mandates
- Post-COVID, corporate donations to health causes rose 40% from 2019 to 2022 levels
- Employee matching gifts grew 12% year-over-year to $1.5 billion in 2023
- In 2022, 65% of corporate giving went to education causes, totaling $19 billion
- Health and human services received $8.7 billion from corporations in 2022, 29% of total
- Environment and animals causes got $3.2 billion in corporate donations in 2022
Corporate giving increased significantly, reaching billions across many sectors and causes.
Aggregate Giving Levels
Aggregate Giving Levels Interpretation
Beneficiary and Cause Areas
Beneficiary and Cause Areas Interpretation
Corporate Foundation Giving
Corporate Foundation Giving Interpretation
Industry-Specific Giving
Industry-Specific Giving Interpretation
Trends and Growth
Trends and Growth Interpretation
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