Today is International Corporate Philanthropy Day, an annual celebration to mark the contributions of corporate philanthropists, build awareness of corporate-community partnerships and inspire businesses to engage in giving. In honor of the day, sponsored by the Committee Encouraging Corporate Philanthropy, MCF would like to share our most recent statistics about the contributions made by Minnesota’s corporate grantmakers:
- $564 million: Amount given by all Minnesota corporate grantmakers in 2007.
- 13.3%: Increase in corporate grantmaking in Minnesota between 2006 and 2007.
- 9%: Share of grantmakers in the state who are corporate.
- 43%: Share of grantmaking dollars in Minnesota that come from corporate funders.
Where do the corporate grant dollars go?
- 34%: Share of dollars that go to Education.
- 20%: Share of dollars that go to Human Services.
- 17%: Share of dollars that go to Public Affairs/Society Benefit.
- 16%: Share of dollars that go to Arts.
- 8%: Share of dollars that go to Health.
Source: MCF’s Giving in Minnesota, 2009 Edition.
Minnesota’s business community has a renowned history of generosity, prompting one journalist to dub the Twin Cities the Emerald City of Giving. Hats off to Minnesota’s corporate grantmakers, and happy International Corporate Philanthropy Day!
-Juliana Tillema, MCF research manager
