Corporate giving has increased for the third consecutive year to reach a record $23.8 billion in 2017, an increase of 15 percent from 2015, as companies solidify their commitments to the community. The top 25 percent of corporate donors gave at least $55.3 million each to the community—or 1.82 percent of pre-tax profits—compared with median total giving among all companies of $19.2 million (0.87 percent of pre-tax profits). As companies enjoy a healthy economy and large tax cuts, their corporate giving programs should be one of the beneficiaries.
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