1. News
Home Managing News
August 9, 2007
A Study of Charitable Giving by Banks
By Anne W. Howard
NEW BOOKS
Banking on Philanthropy: The Impact of Bank Mergers on
Charitable Giving, by Becky Sherblom, reports on studies of
seven national banks and their corporate philanthropy. The report,
from the National Committee for Responsive Philanthropy, finds
that despite predictions to the contrary, the significant growth of
banks since the 1980s has been accompanied by significantly
more — and in some cases "exponentially" more — charitable giving.
As bank companies have merged and grown to a national scale, their
giving has changed in several ways: They are donating more money,
looking at philanthropy as a central business strategy, increasing
grant making in the South, and sometimes shifting the focus to
national organizations instead of local groups.
Publisher: National Committee for Responsive Philanthropy, 2001
S Street, N.W., Suite 620, Washington, D.C. 20009; (202) 387-9177;
fax (202) 332-5084; http://www.ncrp.org; 56 pages; available free for
download on the organization's Web site.
Copyright 2010. All rights reserved.
The Chronicle of Philanthropy 1255 Twenty-Third St, N.W. Washington, D.C. 20037