Corporate Leaders Tout Philanthropy's Benefits Amid Grim Financial News
The four corporate-foundation executives who met on Wall Street said their businesses’ philanthropy had the strong backing of their CEOs.
While many companies are expecting to decrease their contributions in 2009, the four said their giving would remain flat or increase this year. (IBM and General Mills’s leaders projected an increase, while GE and Moody’s anticipated their giving would be on par with 2008.)
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