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How Much Companies Spent Matching Employee Gifts in 2000

July 26, 2001 | Read Time: 1 minute

The Chronicle of Philanthropy

How Much Companies Spent Matching Employee Gifts in 2000

Employee-matching gifts Percentage of cash giving
I.B.M. $22,800,000 57.9%
Microsoft Corporation $17,496,000 51.0%
Nationwide Corporation $5,152,052 40.3%
Enron Corporation $3,790,901 34.9%
General Electric $17,170,000 26.7%
Sprint Corporation1 $1,912,686 23.3%
Qwest Communications International2 $4,142,387 22.9%
ExxonMobil Corporation $20,100,000 21.9%
American Express Company $6,300,000 21.4%
Hewlett-Packard Company $3,500,000 21.3%
Georgia-Pacific Corporation $1,000,000 19.3%
Merck & Company $9,300,000 19.0%
Pfizer3 $10,753,462 18.8%
Prudential Insurance Company of America $9,380,683 18.2%
Textron Inc. $1,197,000 17.6%
USX Corporation1 $1,169,000 17.6%
J.P. Morgan Chase & Company $14,700,000 17.5%
Compaq Computer Corporation $1,365,000 17.1%
Cigna Corporation $1,556,490 17.0%
Northwestern Mutual Life Insurance Company $1,861,616 16.3%
Occidental Petroleum Corporation $401,162 16.3%
Raytheon Company $1,863,255 16.1%
Lockheed Martin Corporation $2,800,000 15.6%
Note: Includes only those companies that made 15 percent or more of their cash gifts to match employee donations.
1. Percentage of cash giving is based on gifts from the foundation only and does not include gifts made by the company.
2. Figures on matching gifts and percentage of cash giving are based on gifts from Qwest and US West, which Qwest acquired June 30, 2000.
3. Figures on matching gifts and percentage of cash giving are based on gifts from Pfizer and Warner-Lambert Company, which Pfizer acquired June 2000.

Copyright © 2001 The Chronicle of Philanthropy