CONTRIBUTION TO THE NATIONAL ECONOMY 
CHARITABLE CONTRIBUTIONS

Each year the Conference Board reports on the charitable contributions of large U.S. corporations. In 2006, the 189 companies that participated in the survey made total contributions of $10.21 billion, up from $9.78 billion in 2005. The reported $7.91 billion in U.S. contributions alone amounted to 62 percent of overall estimated giving of $12.72 billion in the United States. The insurance companies in the survey are major contributors to U.S. beneficiaries, with such contributions totaling $147 million in 2006. Insurers were also among the top 20 international donors, with $13 million in international contributions in 2006.
LARGEST GIVERS TO U.S. BENEFICIARIES BY INDUSTRY, 2006


Rank
Industry
Number of companies
Total U.S. contributions
1Pharmaceuticals11$2,926,705,480
2Banks25921,649,453
3Computers and technology16672,253,381
4Petroleum, gas and mining9589,992,374
5Food, beverage and tobacco8521,911,281
6Printing, publishing and media5516,204,605
7Retail and wholesale trade10481,895,935
8Other services (1)15353,423,498
9Other manufacturing (2)14217,495,171
10Utilities22162,932,408
11Insurance20147,119,275
12Precision instruments9101,734,465
13Chemicals1098,137,384
14Transportation equipment474,989,440
15Finance467,771,687
16Industrial machinery and construction757,515,265
 Total189$7,911,731,102
(1) Includes telecommunications, transportation and other diversified services.
(2) Includes aerospace and defense, electrical equipment and appliances, paper and allied products and other diversified manufacturing.

Source: The Conference Board.
TOP TEN TOTAL CONTRIBUTIONS PER WORLDWIDE EMPLOYEE
BY INDUSTRY, 2005 (1)




Rank
Industry
Number of companies
Contributions per worldwide employee
1Pharmaceuticals9$5,585
2Printing, publishing and media51,549
3Petroleum, gas and mining 10818
4Finance4784
5Banks  20713
6Utilities          27629
7Insurance   14560
8Other manufacturing (2)      8547
9Food, beverage and tobacco8367
10Computers and technology19339
(1) Companies not reporting worldwide employee figures are excluded.
(2) Includes other diversified manufacturing.

Source: The Conference Board.

CORPORATE FOUNDATIONS

The 50 largest corporate foundations, based on total giving, made donations of $2.14 billion in 2007, with insurance companies accounting for 7 percent or $149.7 million.

THE SIX LARGEST INSURANCE COMPANY CORPORATE FOUNDATIONS, RANKED BY TOTAL GIVING (1)


Rank
Name (state)
Total giving
As of fiscal year end date
1MetLife Foundation (NY)$31,999,65112/31/06
2Blue Shield of California Foundation (CA)31,461,05612/31/07
3The Prudential Foundation (NJ)24,208,33312/31/06
4Nationwide Foundation (OH)23,045,16612/31/07
5State Farm Companies Foundation (IL)19,656,99212/31/07
6Thrivent Financial for Lutherans Foundation (WI)19,303,21312/31/06
 Total$149,674,411 
(1) Based on the most current audited financial data in the Foundation Center's database as of September 11, 2008.

Source: Foundation Center.
Twelve of the 50 largest corporate foundations were insurance companies, according to the latest ranking by the Foundation Center.
THE LARGEST INSURANCE COMPANY CORPORATE FOUNDATIONS,
RANKED BY ASSET SIZE (1)


Rank
Name (state)
Assets
As of fiscal
year end date
1WellPoint Foundation, Inc. (IN)$175,272,40112/31/06
2MetLife Foundation (NY)172,699,69412/31/06
3Northwestern Mutual Foundation, Inc. (WI)163,963,01206/30/07
4The USAA Foundation, Inc. (TX)155,057,40306/30/07
5AEGON Transamerica Foundation (IA)122,825,03712/31/07
6Highmark Foundation (PA)111,920,18512/31/06
7Nationwide Foundation (OH)109,246,19312/31/07
8New York Life Foundation (NY)108,685,43812/31/07
9Blue Cross Blue Shield of Massachusetts Foundation, Inc.
for Expanding Healthcare Access (MA)		102,839,57112/31/06
10The Prudential Foundation (NJ)101,717,05712/31/06
11Thrivent Financial for Lutherans Foundation (WI)98,611,31212/31/06
12Blue Cross and Blue Shield of South Carolina Foundation (SC)91,664,21312/31/07
(1) Based on insurers included in the Foundation Center's ranking of top 50 corporate foundations, ranked by the market value of their assets. All figures are based on the most current audited financial data in the Foundation Center's database as of September 11, 2008.

Source: Foundation Center.