Charitable giving by the largest U.S. corporations increased slightly in 2011 and is likely to be flat this year, the Chronicle of Philanthropy reports.
According to the Chronicle's annual survey of corporate giving, cash donations by U.S. corporations rose approximately 4 percent in 2011, down from a 13 percent increase in 2010. When in-kind donations are included, however, total corporate giving rose nearly 15 percent on a year-over-year basis. More than 70 percent of respondents said they expect their giving to be flat this year, with 27 percent saying they expected to give more and 2 percent predicting they will give less.
