The following random list was taken from The Foundation Center's fifth edition of the "National Directory of Corporate Giving." The 1,224-page book lists a range of philanthropic endeavors, including what foundations set up by corporations are doing in this realm. Entries were prepared using a variety of sources - materials supplied by companies; annual reports; corporate giving reports; and the IRS Form 990-PF for private foundations. To check about getting your company listed, call 212/620-4230.
Aetna Foundation Inc.
151 Farmington Avenue
Hartford, Conn. 06156-3180
Established: 1972
Market Value of Assets: $34,222,496
Expenditures (year ending 12/31/96): $7,013,077;
Qualifying Distributions: $7,013,077
Purpose and activities: To help preserve a viable society by supporting programs and organizations that can have a real impact on solving social problems.
CoreStates Foundation
c/o PNB Public Responsibility
510 Walnut Street
Philadelphia, Pa. 19106
Established: 1985
Market Value of Assets: $3,281,428
Expenditures (year ending 12/31/95): $235,248
Qualifying Distributions: $277,500
Purpose and activities: Main emphasis is on neighborhood economic development.
The Freddie Mac Foundation
Mail Stop 259
8200 Jones Branch Drive
McLean, Va. 22102
Established: 1990
Market Value of Assets: $18,404,722
Expenditures (year ending 12/31/96): $8,900,000
Qualifying Distributions: $6,700,000
Purpose and activities: To stimulate education programs and systems that prepare children for the future.
The Rubbermaid Foundation
1147 Akron Road
Wooster, Ohio 44691-0800
Established: 1986
Market Value of Assets: $2,624,133
Expenditures (year ending 12/3195): $793,910
Qualifying Distributions: $793,639
Purpose and activities: Supports campaigns in the performing arts and education.