Top 15 Charitable Companies
2. Oracle
The next software maker company in the list, Oracle, assumes the second position by setting aside over $2.31 billion last year out of $11,411,000,000 of its pretax profit. It has been consistently offering for humanitarian activities.
The American multinational computer technology corporation, Oracle, specializes in developing and marketing computer hardware systems and enterprise software product. Employing approximately 113,644 people worldwide as of 30 June 2012, Oracle has enlarged its share of the software market through organic growth and through a number of high-profile acquisitions. Oracle is the world’s third largest software maker by revenue, after Microsoft and IBM. Larry Ellison is the co-founder and the CEO of the company, who was ranked as the top-paid chief executive in the world by Associated Press.
1. Pfizer gave over $3.06 billion last year in cash and products
Pfizer becomes the fifth pharmaceutical company to get into the list and assumes the prime position. It had showed the most valuable philanthropic concern in the year 2011 by giving $3.06 billion. It saved the amount from the total pretax profit $12,762,000,000 made in the year.
Pfizer, the American MNC, headquartered in New York City, is the world’s largest pharmaceutical company by revenue. It develops and produces medicines and vaccines for a wide range of conditions including in the areas of immunology and inflammation, oncology, cardiovascular and metabolic diseases, neuroscience and pain. The well-known products developed by the company include Lipitor, the neuropathic pain/fibromyalgia drug Lyrica, the oral antifungal medication Diflucan, the antibiotic Zithromax, Viagra, and the anti-inflammatory Celebrex (also known as Celebra in some countries).
Pfizer was founded by Charles Pfizer and Charles Erhart in New York City in 1849 as a manufacturer of fine chemicals. Later in 1950, its discovery of Terramycin put it on a path towards becoming a research-based pharmaceutical company. Pfizer has made numerous large acquisitions, including of Warner-Lambert in 2000, Pharmacia in 2003 and Wyeth in 2009.
