GOLDMAN SACHS RANKS SECOND IN SURVEY OF US CORPORATE GIVING
In an annual study of philanthropic giving by America's largest corporations, Goldman Sachs placed second out of 166 large US firms in corporate giving in 2011, according to The Chronicle of Philanthropy, which published its findings last week. The Chronicle reports that Goldman Sachs increased its giving in 2011 to $337 million, nearly 7% more than the prior year.
The Chronicle highlighted the firm's 10,000 Small Businesses program, an investment funded by Goldman Sachs and The Goldman Sachs Foundation to help small businesses create jobs and economic opportunity by providing greater access to business education, financial capital, and business support services. In mid-July, the program launched in Salt Lake City, the eighth US city for 10,000 Small Businesses since the initiative began in 2009.
Read "How America's Biggest Companies Give" on The Chronicle of Philanthropy's website.