Companies and nonprofits honored for corporate philanthropy.
[03.23.04] — Two companies received Excellence in Corporate Philanthropy awards, and a nonprofit won an award for corporate partnerships, from the Committee to Encourage Corporate Philanthropy.
Pfizer Inc., a New York City-based pharmaceutical company, won the award for companies with annual revenues over $3 billion, and Hasbro, a Pawtucket, R.I.-based toy and game company, received the award for companies under $3 billion.
The Children’s Health Fund in New York City received the Directors award, a new category that honors nonprofits that build successful partnerships with corporations.
Other corporate finalists included GlaxoSmithKline, Verizon Communications, Arch Chemicals and Crane Co., while the Arts & Business Council and the National Center for Family Literacy were nonprofit finalists.
Merck, IBM, Timberland, Target Corp. and Whole Foods Market are previous corporate award winners.
The New York City-based Committee to Encourage Corporate Philanthropy has over 130 members who are CEOs and chairpersons of companies that together account for nearly half of reported corporate giving in the U.S.