America Online Shifts Giving Away From Local Approach
December 18, 2007 | Read Time: 1 minute
Nonprofit groups around the country — and around the world — now have a better chance of getting money from the Internet company America Online, which recently moved its headquarters from Dulles, Va., to New York, reports The Washington Post.
AOL has shifted its new business strategy to online advertising and has grown internationally. As a result, it is cutting back on its giving to Washington-area charities, which had previously relied on steady donations from the company.
“In the past, we focused on Northern Virginia, but our aspiration is to really reflect the areas where we have a major presence, which now includes Bangalore [India]; London; New York; and Mountain View [Calif.],” says Anne Bentley, an AOL spokeswoman.
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