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.