Top 15 Charitable Companies
14. ExxonMobil
ExxonMobil comes ahead of Wells Fargo giving over $234 million last year in cash and products. Its pretax profit in 2011 was $73,257,000,000. The company has invested more money on philanthropic activities in the year 2011 compared to the previous year and the overall change is 17.8 percent.
ExxonMobil, a direct descendant of John D. Rockefeller’s Standard Oil Company, is a U.S. multinational oil and gas corporation. It was formed in November 30, 1999 by the merger of Exxon and Mobil and now has headquarters in Irving, Texas. It is also affiliated with Imperial Oil which operates in Canada. ExxonMobil is considered as the largest in the world by revenue as it was ranked #1 globally in Forbes Global 2000 list. It is the largest refiner in the world with 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels. With the daily production of 3.921 million BOE (barrels of oil equivalent), ExxonMobil is the largest of the six oil supermajors.
13. J.P. Morgan Chase
J.P. Morgan Chase showed an increase of 26.3 percent in its philanthropic giving. It invested over $273 million in 2011in cash and products. It had a total of $26,749,000,000 pretax profit.
J.P. Morgan Chase, the largest in United States by assets, is an American multinational banking corporation of securities, investments and retail. It is a major provider of financial services in America and according to Forbes Magazine it is the world’s second largest public company.
The J.P. Morgan brand includes the investment banking and asset management, private banking, private wealth management and treasury & securities services divisions of the company. the company’s corporate headquarters are in Manhattan, New York. J.P. Morgan Chase is one of the Big Four banks of the United States, others being Bank of America, Citigroup and Wells Fargo. As of October 2011, according to Bloomberg, the company has surpassed Bank of America as the largest in America by assets.
