Arkansas Companies Top List of America's Most Generous Corporations

Forbes reported on America's Most Generous Corporations. Financial information was provided by The Chronicle of Philanthropy, a bi-weekly publication for the nonprofit community, which performs an annual survey of companies asking the nation's largest companies about their giving habits. The No. 1 most generous company overall was the Arkansas based Wal-Mart who through its Wal-Mart Stores, gave away $301 million in 2007, including total cash donations from the company foundation, and excluding free product and service offerings, otherwise called "in-kind" donations. Beneficiaries of Wal-Mart's goodwill include the Children's Miracle Network, America's Second Harvest, the Salvation Army, the American Red Cross, the United Way of America and the National Fish and Wildlife Foundation.

The second most proportionally generous company was the Arkansas based Tyson Foods gave 1.6% of its operating income, or $8 million, to charities including Meals on Wheels and the Ronald McDonald House.
Full List: Most Generous Corporations (Cash Donations)
Full List: Most Generous Corporations (Percent Of Income)

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