Corporate foundations and giving programs

December 30, 2007 at 12:02AM

CORPORATE FOUNDATIONS AND GIVING PROGRAMS Note: Target Foundation and Corporation reported combined cash and in-kind contributions of $158 million for the fiscal year ending 1/28/07. Because Target did not provide a separate cash contribution total, the corporation's totals do not appear on the Minnesota Council on Foundations' top 25 list. (Ranked by total grants paid, dollars in millions) 2006 total Rank Foundation/corporate grantmaker Fiscal grants 1-yr. 2006 '06 '05 Funding priorities year end paid % chg. assets 2 2 General Mills Foundation and Corporation 5/31/07 $57.6 +8.0% $61.2 Improves and maintains the quality of life in communities with General Mills facilities; initiates innovative solutions and approaches to problems in targeted areas of interest; supports and reinforces personal involvement of employees and retirees, and reinforces General Mills' image and reputation as a top corporate citizen. Funding priorities: youth nutrition and fitness, education, social services, and arts and culture. 6 3 Medtronic Foundation and Corporation 4/30/07 $37.5 -8.3% $63.0 Health and education organizations serving socioeconomically disadvantaged populations in Medtronic communities. Programs include Patient Link, which supports national patients associations that provide education, support and advocacy to patients with chronic cardiovascular and neurological conditions, and HeartRescue, which funds community-based education related to sudden cardiac death. 7 5 Cargill Foundation and Cargill Incorporated (a) $37.2 +2.4% $103.7 Cargill Foundation: Focuses on educational success and the development of necessary life skills that enable socioeconomically disadvantaged young people to work and thrive in a rapidly changing world. Cargill Incorporated: Builds sustainable communities by focusing on nutrition and wellness, and by promoting innovation in education and the environment in Cargill communities. 10 9 Best Buy Children's Foundation and Corporation 2/28/07 $24.1 -13.1% $11.9 Supports nonprofit programs and organizations that make learning fun by combining kids, technology and learning. Focuses on programs that develop and deliver innovative, interactive, technology-based programs for K-12 students in traditional and nontraditional learning environments. 11 12 3M Foundation and Corporation 12/31/06 $23.8 +7.4% $48.5 Works to improve 3M communities by preparing individuals and families for success by funding education, focusing on math, science and economics/business; health and human service, focusing on strengthening families and youth development through parenting, job training and prevention programs; and the environment, focusing on biodiversity and climate change (by invitation only), and arts and culture, focusing on organizations with strong education and outreach. 12 14 Thrivent Financial for Lutherans Foundation and Corporation 12/31/06 $21.4 +19.1% $82.9 Enhances the health and vitality of the Twin Cities and the Fox Cities in Wisconsin by focusing on homelessness and poverty supports (housing), financial education, early childhood education, and the Lutheran community by focusing on life needs of the working poor, church worker wellness, and leadership development, stewardship, volunteerism and charitable fundraising. 13 11 UnitedHealth Foundation and UnitedHealth Group (b) 12/31/06 $20.8 -14.3% $23.8 Improves health outcomes for all Americans by supporting activities that expand access to health care services for individuals and families who live in challenging circumstances. 15 13 U.S. Bancorp Foundation 12/31/06 $20.5 +3.0% $35.6 Supports organizations that improve the educational and economic opportunities of targeted individuals and families and enhances the cultural and artistic life of communities by funding economic opportunity, affordable housing, cultural and artistic enrichment, K-12 education and United Way in U.S. Bancorp communities. 18 16 Travelers Corp., Travelers Foundation and 12/31/06 $15.2 +2.9% $0.6 Travelers Connecticut Foundation Funds arts and culture, community development, and education in Travelers communities 20 18 Wells Fargo Foundation Minnesota and Wells Fargo Bank Minnesota (c) 12/31/06 $10.8 +6.9% $500.0 Works to improve the quality of life in the communities where Wells Fargo does business with priorities of employment and economic development for low-income families and neighborhoods, affordable housing and economic education. 21 20 Xcel Energy Foundation and Corporate Citizenship 12/31/06 $10.1 +2.5% $1.8 Projects that empower youth, families, neighborhoods and communities to maximize skills and resources for addressing commonly held challenges and that continue building on current capabilities. Areas include education, arts and culture, environment and community development in Xcel Energy's service area. 23 22 Ameriprise Financial Inc. 12/31/06 $8.1 0.0% NA Serves communities by supporting organizations that have a shared goal of improving the well-being of individuals from all walks of life. Giving platforms: Financial Well-Being for a Lifetime, arts and culture, and employee- and adviser-driven causes. (a) Cargill Incorporated's fiscal year ended May 31, 2007; the Cargill Foundation fiscal year ended Dec. 31, 2006. Cargill grants paid in Minnesota were $10.4 million and include only foundation and corporate grants and not business-unit contributions. (b) Also includes United Healthcare Children's Foundation and PacifiCare Health Systems Foundation. UnitedHealth Foundation has additional direct charitable distributions in the form of mission-related programs and projects that amount to $10.6 million. (c) Includes grants made in Minnesota only. Wells Fargo Corporation's overall giving was $102.7 million in 2006.

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