NEW YORK, Oct. 11, 2012 /PRNewswire/ -- Retaining their commitment to making investments in their communities, 60 percent of companies reported increased giving levels in 2011 over 2009, the year companies reported the biggest retreat in corporate giving. The Committee Encouraging Corporate Philanthropy (CECP), in association with The Conference Board, today released its annual Giving in Numbers: 2012 Edition report, the field's leading analysis of corporate societal engagement. All industries increased total giving, with the Consumer Staples and Health Care sectors leading the charge in total giving growth. Median total giving of companies surveyed came in at $21.2 million.
"Giving in Numbers is the home, year after year, for the most comprehensive account of corporate societal engagement, which comes directly from company-provided data," said Charles Moore, Executive Director, Committee Encouraging Corporate Philanthropy. "Our analysis this year shows that companies are becoming more focused about their giving: from larger grants to a smaller number of organizations; to giving where they have community connections; to using the skills and expertise of the business to build their community engagement."
"Measurement should be at the core of any company's giving program," stated Jonathan Spector, President and CEO, The Conference Board. "To support that need, CECP and The Conference Board analyze collective corporate giving trends so that we may guide and advise companies and other cross-sector groups as they navigate effective societal engagement."
Based on the Corporate Giving Standard (CGS), this report analyzes giving trends from 2011 data provided by an unprecedented 214 corporations, including 62 of the top 100 companies in the Fortune 500. Giving in Numbers provides benchmarking tables and breakdowns of giving types and program areas by industry for companies to use to compare and inform their philanthropic strategies. Also widely used as a reference by nonprofit organizations seeking potential funders, Giving in Numbers offers insight into what types of partners the world's largest companies are seeking.
Corporate giving officers are invited to use Giving in Numbers as a starting point to measure and asses their companies' giving programs through the report's Tools for Benchmarking section, including a Year-Over-Year Giving Template, with a step-by-step guide and definitions of terms used in the field. For more information about Giving in Numbers and CECP membership, please contact: firstname.lastname@example.org.
About the Committee Encouraging Corporate Philanthropy (CECP)
The Committee Encouraging Corporate Philanthropy (CECP) is the only international forum of business CEOs and chairpersons focused on raising the level and quality of corporate philanthropy. Membership includes more than 180 CEOs and chairpersons representing companies that account for more than 40 percent of reported corporate giving in the United States. For more information visit CorporatePhilanthropy.org. Follow us on twitter, facebook, YouTube, flickr, and LinkedIn.
About The Conference Board
The Conference Board is an independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.
SOURCE The Conference Board