Week 3 EOC: Making Money for Good

"Target (nyse: TGT - news - people ), the Minneapolis retailer, donated the most cash last year as a percentage of its 2003 earnings--$88.8 million, or 2.1%. Cash is perhaps the purest measure of corporate largesse". http://www.forbes.com/2005/11/11/charities-corporations-giving-cx_lm_1114charity.html


"Target has a standard no-solicitation rule at its properties, as it seeks to provide a "distraction-free shopping experience for its guests. Exemptions to this policy were previously made for the Salvation Army red kettles and bell-ringers outside Target stores during the holidays through Christmas."
http://askville.amazon.com/money-Target-give-charity-year/AnswerViewer.do?requestId=16391432

In 2005, Target and the Salvation Army[63] created a joint effort called "The Target/Salvation Army Wish List," where online shoppers could donate goods to the organization for Hurricane victims by buying them directly from Target.com between November 25, 2005, and January 25, 2006.
http://askville.amazon.com/money-Target-give-charity-year/AnswerViewer.do?requestId=16391432


Target Supports communities through giving. Each year Target gives 5 percent of their profit to communities, which adds up to more than $4 million each week. Target also believes in donating their time, talent and resources are equally important as the income they give. Target team members give hundreds of thousands of hours volunteering in their communities every year.  Giving back means a lot to the community.  The community and the economy is what helps and keeps businesses and corporation around longer.  Giving back is like giving to the people that has already given to them. And besides it’s a lot easier for a corporation to donate millions of dollars for the simple fact they have it and it’s a tax right off. That way everyone’s happy. Everyone in need is hard to find that why charities are always good. They have a purpose and the purpose is to help the needy.