OPINION: CORPORATE GIVING
March 2, 2006 | Read Time: 1 minute
Businesses should provide more charities with operating support, rigorously evaluate their grantees, and consider how to create better partnerships with nonprofit groups, says Kenneth D. Lewis chief executive of Bank of America Corporation in an opinion article in The Boston Globe. “We urge our fellow business leaders in Boston and around the country to join us in taking a fresh look at how corporate philanthropy works,” says Mr. Lewis, whose Charlotte, N.C., company announced that it plans to donate $200-million in cash this year.