No. I don’t support corporate charity.
Do these donations ultimately get recorded as coming from the corporation to the named charity, and thereby earning the corp. tax credits?
“Acme Corp. donated $50m to save the children! Look at us … such a magnanimous company!”
I looked into this yesterday. The corporations that solicit donations do not receive any tax benefits from our donations, those tax benefits would redound to the donor if they chose to claim them. It does give these businesses essentially bragging rights for being benevolent philanthropists which is good PR at our actual expense.
It’s been rumored that they do receive some tax benefit and that’s been circulating for a while, although that appears to be entirely false. I can’t find anything that supports that assertion.
I’m a little torn over the Taco Bell situation, because it’s essentially putting their employees in a position to ask for your extra money that would go directly into their employees pockets, which is a shitty thing to do to those low wage employees. Taco Bell is owned by Pepsi Co. snd was purchased by them primarily for the reason of getting Pepsi products into the fast food market; Coca-Cola had a stranglehold prior to and the only way they could get Pepsi products in people’s cars was to purchase Taco Bell and a few other fast food chains. They are the lowest wage paying employers in the fast food business, so while you want to help their employees more, it’s irritating to me that the burden is being put on those employees and on us, the people who keep them in business.
Generally, I do not round up and donate, except for Taco Bell, and that is a rare occasion. If these companies were offering to match our donations in rounding up, I would do it every time.
They might get a kick back from the Charities an “advertising” expense for the Charity but not sure. It certainly would make the large stores look good without actually donating.
I never do it. If the large grocery stores are that enamored of a specific charity, why don’t they just contribute?
It would obviously be much better to give directly to one’s own charities of choice.
But, what if you are not doing a very good job with that?
It seems like there would be negative consequences for corporations that handle customer charity donations in a self-serving or overly political fashion.
Does anyone remember a situation where the corporation was giving to a cause that one DISapproved of?
(As opposed to didn’t know, or don’t care about).
(I already try to avoid corporations who actively support causes I am against).
Not a corporation but a local coffee house. Excellent cappuccinos. Good empanadas. Decent breakfast burritos. They very publicly announced an anti-abortion rights stance. Wife and I no longer patronize them. There are several other equally good options that haven’t publicly chosen a side on that particular issue.
no but I put my cart back!!!
I suppose…
I should assume that all corporate donations come from me, the customers.
That if I think the corporation would give money to “bad causes,” I probably shouldn’t do business with that corporation in the first place.
I don’t typically, but can I add another thing like this that annoys me?
“would you like to buy a snack for our troops” as I am checking out at the airport convenience store. That one is always a “no” as I find it highly dubious.
One of the limousine liberals in my life would only order little Ceasars for kid gatherings despite the fact Domino’s delivers and in that realm of pizza significantly better…the reason …the founder of Domino’s was very pro life and the LL didn’t want to give him any money …The reaction when I told the LL he’d sold out 25 years ago amused me
What amuses me is that you would describe Domino’s pizza as “significantly better” than anything. I suppose it’s significantly better than starving to death.
Notice I put “in that realm of pizza”
Both belong in one place: the garbage can.
That being said, my daughter’s karate dojo is right by a little Caesars, and it is her junk food of choice. Thankfully, she likes our home made pizza nights better but those take a bit of planning an making the dough early etc.