Thursday, April 28, 2011

EOC Making Money for Good

Despite all of the greed that comes in the package of corporations and companies, there are still of a lot of them that donate money to charities, fundraisers, and 3rd world countries. The first one I'd like to discuss is Starbucks. Starbucks is an International corporation with over 5,500 coffeehouses in over 50 different countries. Since the disaster hit Japan, the Starbucks Company has donated 100 million yen, which is our 1.2 million dollars, to the Red Cross to help as many of the Japanese as they can. This 1.2 million has been donated only since the disaster hit, which wasn't too long ago and they are still continuing to donate. Another company that participates in donating money is Boeing, the airplane company. They build commercial and defense, space and security planes. They donate just about 40 million dollars a year to multiple people in need, specifically the U.S. Army and companies of that nature. They have recently donated 5 million dollars to the National Museum of the U.S. Army. Another company that dabbles in philanthropy is GAP. GAP has a nonprofit organization group that does dollar for dollar and donates money to charities.  The Charity is called the Gap Foundation Gap Giving. It’s a simple gift matching program that helps people in need. Gift matching is when people buy things for a certain price, and GAP will donate the same amount worth in gifts to charities, which is completely nonprofit.  It’s very similar to the TOMS idea, which is shoe for shoe, except GAP is doing it on a bigger scale. They do dollar for dollar and their gifts are more diverse than just shoes. Despite that TOMS is strictly a shoe company, GAP donates clothes, shoes, winter wear, summer wear, accessories, and necessities to charities or for fundraisers.

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