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America’s 10 Most Generous Companies

The Chronicle of Philanthropy surveyed the 150 highest-grossing companies in the U.S. about their charitable giving and wound up analyzing data from 70 of them. It found that while corporate profits hit an all-time high of $1.9 trillion in 2013, cash giving rose less than 3%, to $4.6 billion. Here is a list of the companies that gave away the most cash as a percentage of their 2013 profits.

1. Alcoa

Share of profits donated: 12.1%
Cash: $39 million

2. Safeway

Share of profits donated: 7.2%
Cash: $59 million

3. UPS

Share of profits donated: 5.6%
Cash: $55 million

4. Bank of America

Share of profits donated: 5.4%
Cash: $166 million (matches donations from employees)

5. State Farm Mutual Automobile Insurance

Share of profits donated: 4.1%
Cash: $62 million (matches donations from employees)

6. Kroger

Share of profits donated: 3.3%
Cash: $76 million

7. MetLife

Share of profits donated: 3.2%
Cash: $47 million (matches donations from employees)

8. Target

Share of profits donated: 3.2%
Cash: $149 million

9. Nationwide

Share of profits donated: 3.2%
Cash: $26 million

Source: forbes.com