Gilead’s 2015 cash contributions: $446.7 million
Gilead’s GILD 0.28% giving jumped by nearly two-thirds in 2015, due to rising revenues as the biotech firm expanded into the Hepatitis C market. Most of the company’s grants are reactive, based on specific funding requests from nonprofit groups. The company declined to provide an accounting of its biggest cash grants in 2015, but said that most giving falls within its work on HIV/AIDS and liver disease. Last year, for example, Gilead granted $2-million to help the nonprofit Liver Foundation build a health facility in Kolkata, India.
Companies that give 100% to charity is great, but as a company you have to make money to keep moving forward in this time. I am in the beginning of starting my non-profit and i am giving back to the veteran and the families. If i was to gave all i earn to charity i would not make it very far.
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