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Joanne's Nonprofits Blog

By Joanne Fritz, About.com Guide to Nonprofits

Giving Declines from Crumbling Car Makers, but Toyota Is No 'Turkey'

Monday November 24, 2008

There is not a lot to be thankful for this week when it comes to donations to charitable causes. But, during a meltdown of the big three car makers and the loss of their millions in charitable giving, Toyota trudges on.

According to an article in the NY Times, Toyota, although suffering a slow down of sales, is still able and willing to keep charity afloat. The company likes to give to charities in the areas where it has plants (5, soon to be 6, in the U.S.), and its donations will amount to $57 million to schools, arts, environmental groups, and other charities this year. Recipients include the Detroit Science Center, the National Audubon Society, local school systems, a park, and Michigan's economic development fund.

James E. Wiseman, vice president of external affairs for Toyota, said, “There’s no way we can cover for them if their giving drops significantly, but we’re trying to do our part, and then some.”

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Comments
November 25, 2008 at 8:37 pm
(1) mary says:

what an honorable example toyota is setting for other groups. way to go.

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