And now we see why there is a pandering frenzy among the politicians. All tax deductible!
Corporations are opening up their treasuries to give money to social justice causes, including Black Lives Matter, in the wake of nationwide protests and riots over the death of George Floyd. Many of the big companies are pushing their employees to do the same. Some businesses are donating to controversial bail funds like the Minnesota Freedom Fund that seek to bail out protesters and rioters.
Here are the top 14 corporate contributors (descending order from greatest amount to smallest)
Sony Music—a fund “to support social justice and anti-racist initiatives around the world”—$100 million
Walmart—a new racial equity center—$100 million
Warner Music—campaigns against violence and racism and social justice causes related to music industry—$100 million.
Nike—“Organizations that put social justice, education and addressing racial inequality in America at the center of their work”—$40 million
Alphabet/Google—various organizations, starting with $1 million each to Center for Policing Equity and Equal Justice Initiative—$12 million
Amazon—American Civil Liberties Union (ACLU) Foundation, Brennan Center for Justice, Equal Justice Initiative, Lawyers’ Committee for Civil Rights Under Law, the National Association for the Advancement of Colored People (NAACP), National Bar Association, National Museum of African American History and Culture, National Urban League, Thurgood Marshall College Fund, United Negro College Fund (UNCF), Year Up—$10 million
Facebook—“groups working on racial justice”—$10 million
Target—long-standing partners such as the National Urban League and the African American Leadership Forum in addition to adding new partners in Minneapolis-St. Paul and across the country—$10 million
Verizon—National Urban League, NAACP, National Action Network, Leadership Conference for Civil and Human Rights, Rainbow Push Coalition, National Coalition on Black Civic Participation, NAACP Legal Defense and Educational Fund—$10 million
United Health—YMCA Equity Innovation Center of Excellence and Minneapolis-St Paul businesses—$10 million
Goldman Sachs—donor-advised fund to support “leading organizations addressing racial injustice, structural inequity and economic disparity”—$10 million
Spotify—matching employee donations—$10 million
Disney—organizations that advance social justice—$5 million
Procter & Gamble—NAACP Legal Defense and Educational Fund, YWCA Stand Against Racism, and UNCF; also smaller organizations that mobilize and advocate, such as Courageous Conversation—$5 million.