Cash Gifts From Companies to Match Donations by Employees in 1998
Return to overview Employee-matching gifts Percentage of cash giving Dynegy $408,600 61.9% International Business Machines Corporation $21,900,000 59.0% Microsoft Corporation $9,400,000 53.8% Nationwide Insurance Enterprise $4,306,311 37.9% Bankers Trust Corporation $4,845,868 35.3% J. P. Morgan &…
Charitable Giving at 91 Major Corporations: an Overview
LISTS (arranged alphabetically): A-D E-H I-P R-X View complete list (this is a large file - 204K) ADDITIONAL CHARTS: Companies That Made 25% or More of Their Gifts in Products in 1998 Cash Gifts From Companies to Match Donations by Employees in 1998 Top 20 Corporations, Ranked by Percentage…
Companies That Made 25% or More of Their Gifts in Products in 1998
Return to overview Non-cash gifts What they donate Percentage of total giving Abbott Laboratories $60,000,000 pharmaceuticals, consumer products 84.4% Microsoft Corporation $89,600,000 computer software 83.7% Merck & Company $184,000,000 pharmaceuticals, vaccines 83.3% Hewlett-Packard Company…
Bill Would Give Break for Volunteers’ Car Use
A bill pending in Congress would help people who use their cars as part of their volunteer work for charities. Under current federal law, volunteers may deduct 14 cents a mile for their automobile costs, or be reimbursed by a charity at that rate without the payment being subject to income tax. The…
By GRANT WILLIAMS
Contributor
IRS Alerts Agents to Car-Gift Concerns
The I.R.S. has warned its district offices to watch out for serious problems involving donations of used cars to charities. In a memorandum to agents, Marc Owens, director of the tax agency’s Exempt Organizations Division, said that his office is particularly concerned about some claims in…
By GRANT WILLIAMS
Contributor
Christian Coalition Loses Tax-Status Fight
Some experts in charity tax law are urging the Christian Coalition to make public what they believe to be a confidential letter from the I.R.S. that denied the group’s application for tax-exempt status. After a 10-year review, the revenue service told the Christian Coalition that it did not qualify…
By GRANT WILLIAMS
Contributor
Groups Win Victory in Fight Over Taxes
In a pair of decisions that could affect many non-profit organizations, the U.S. Tax Court has ruled that the money Common Cause and Planned Parenthood Federation of America received by renting their mailing lists is not subject to unrelated-business income tax. Non-profit organizations must pay…
By GRANT WILLIAMS
Contributor
Charitable Deductions Rise Sharply, IRS Says
New statistics released by the Internal Revenue Service show that deductions claimed for charitable contributions rose from $86.2-billion in 1996 to an estimated $95.8-billion in 1997, an increase of 11.2 per cent. The jump was not as high as the 14.9-per-cent rise registered from 1995 to 1996, but…
By GRANT WILLIAMS
Contributor
Neighborhood Groups Call for More Help
Promising Strategies: Results of the Fourth National Survey on Community Efforts to Reduce Substance Abuse and Gun Violence reports discrepancies between what leaders of community-based organizations think is necessary to stem drug and alcohol abuse and shootings, and federal-government policies…
By C. Quinn Hanchette
Contributor
Homeownership in New Mexico Gets Boost
More Than Bricks & Mortar: Housing That Builds Community, by Michael Schubert, argues that owning a home strengthens civic involvement as well as self-respect. Mr. Schubert, president of Community Development Strategies, in Chicago, chronicles the effects of a three-year, $400,000 grant awarded in…
By C. Quinn Hanchette
Contributor