Monday, May 2, 2016

Week 3 EOC: Making Money for Good

EOC: Making Money for Good

America is famous for its huge companies that chase after your money, pay their employees too little, and have that one CEO who is making 4 billion dollars a day. So many companies profit so much and take so much from society but do not have anything to offer, or at least do not choose to offer back. So which companies are the ones that give back? Which corporations are the type to donate to charity and medical research?  Internationally known bank Wells Fargo has been known to always treat their clients well and apparently give much more as well. In 2013 Wells Fargo donated 275.4 million dollars towards affordable housing, environmental sustainability, and education initiatives. One of Wells Fargo's strongest positions is for the betterment of education. A large percent of their donations go towards educational institutions. "Wells Fargo matches dollar-for-dollar employees donations towards accredited public or private educational institutions."( https://doublethedonation.com/blog/2014/08/top-10-companies-that-donated-to-charity/ ) Coca-Cola also realized the importance of giving back to the community. Being an internationally selling product the company decided to give back locally to many countries and territories. "In 2015, The
Coca-Cola Foundation gave back more than $84.5 million to directly benefit nearly 300 organizations across more than 70 countries." ( http://www.coca-colacompany.com/our-company/the-coca-cola-foundation/) For being the largest retailer in most countries WalMart tops the list of the most charitable corporation. Walmart donated $311,607,280 to various causes. The company has taken a strong stance against hunger. I guess that kind of makes sense of why they can get away with selling ramen for 15 cents a package. Walmart offers extremely affordable prices and other ways customers can go about receiving their product through various means.  "The company reached the halfway mark on a five-year, $2-billion commitment to combat hunger in the United States" ( https://philanthropy.com/article/10-Companies-That-Gave-the/150507 )

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