The Top Ten Corporate Funders of LGBTQ Issues

rainbow flag

The Top Ten Corporate Funders of LGBTQ Issues

By: Andrew Wallace on November 6, 2016

Corporate funders have increased their investment in LGBTQ issues by more than fifteen fold in the last decade. Going from approximately $575,000 in 2003 to $8.7 million in 2012, corporate foundation support for LGBTQ issues has grown exponentially. Even though corporate funding constitutes a small portion of LGBTQ funding overall, at roughly 7 percent in 2012, it is growing at the fastest clip.

In 2012 the top 10 corporate funders of LGBTQ issues included:

  1. Wells Fargo Foundation – $3,562,008
  2. Levi Strauss & Co. Foundation – $1,710,000
  3. M.A.C. AIDS Fund – $964,239
  4. GE Foundation – $350,000
  5. Walmart Foundation – $281,500
  6. Otto Bremer Foundation – $275,000
  7. Alphawood Foundation – $195,000
  8. Greater Seattle Business Association – $182,000
  9. Macy’s Foundation – $139,444
  10. Verizon Foundation – $139,240

Still, according to the Committee Encouraging Corporate Philanthropy, corporations gave back more than $25 billion in 2013 – more than $20 million of which was some form of cash payment. At that rate, for every $100 corporations gave back, only 4 cents went to LGBTQ issues.

At Funders for LGBTQ Issues, we’re dedicated to working with all types of funders – including corporate funders – to increase the scale and impact of funding for LGBTQ communities worldwide. As we continue to deepen our work with corporate funders check out or co-sponsored panel at Out & Equal and stay tuned for a new report on corporate funding for LGBTQ issues coming in 2015.

For more information on the overall scale and character of LGBTQ funding, check out the 2012 Tracking Report and look out for the 2013 Tracking Report, coming out in the next few weeks.

Quick Links

Twitter Feed

We're proud to congratulate Aldita Gallardo (@ladycaucau) of @BorealisPhil and fellow Funders board member on her latest op-ed in the @SSIReview! #philanthropy #grantmaking #LGBTQ #transrights
https://ssir.org/articles/entry/4_ways_funders_can_build_authentic_partnerships_with_trans_and_nonbinary_communities

As this week ends, we stand in solidarity with our AAPI community. Thank you, @aapip for sharing "11 Ways Forward This Lunar New Year," an article that includes response resources to support those affected by the tragedy in Monterey Park and ways to heal. https://aapip.org/news/11-ways-forward-this-lunar-new-year/

Load More...

More News

X