The world’s largest corporate givers have steadily increased their giving in recent years, according to the latest report by The Bridgespan Group, a nonprofit that advises philanthropic organizations.
Between 2019 and 2023, the top 20 corporate givers grew their giving by an average of 87%, partly due to increases in their companies’ overall value.
Pharmaceutical companies — Johnson & Johnson, Eli Lilly and Company, AstraZeneca, and Amgen Inc. — account for the top four largest corporate givers. Their average annual philanthropic giving from 2019 to 2023 was within the range of $2 billion to just over $3 billion. Gilead Sciences Inc. was also in the top 20 with an average annual giving of $340 million.
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About the author
Jenny Lei Ravelo@JennyLeiRavelo
Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.
