Canva, Cotton On and Atlassian among the top 20 corporate givers
The amount of funds donated by the top 50 corporate philanthropists has jumped to $1.7 billion.
Tim Diamond says the Cotton On Foundation will ask customers every three years where they would like donations to be directed. Eamon Gallagher
Founder-led businesses have developed a reputation for taking a long-term view of the corporate landscape, reinvesting profits and thinking hard before they part with precious capital.
They are also beginning to develop a reputation for giving. Last year, three founder-led companies – design software maker Canva, clothing retailer Cotton On and collaboration software group Atlassian – were among the top 20 corporate philanthropists, donating more to charity than the likes of Wesfarmers, QBE Insurance, IAG, Qantas and Transurban.
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