Costco Facts

In: Business and Management

Submitted By limit44
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Slide 1
Costco gives away 1% of its pretax earnings.
In an article written in 2008 it said Costco made $1.75 billion in pretax earnings so they planed on giving away $17.5 million the next year.

Costco donates to programs focused on children, education and Health and Human Services.
Any charity can apply for a donation from Costco. In order for a charity to be eligible they have to be IRS 501(c) (3) non profit organizations and be in the geographical area of where Costco does business.

Slide 2
Costco’s corporate sponsored campaigns are United Way, The Red Cross and the Children Miracle Network.
Since 1988, Costco Wholesale Corporation has raised more than $100 million for children’s hospitals nationwide, through its partnership with the Children’s Miracle Network. In the greater Washington area, Costco has raised more than $4 million to support Children’s National Medical Center. In 2009 alone, Costco raised $824,000 for Children’s National Medical Center. Each year Costco strives to increase their Children’s Miracle Network fundraising through the in-store Miracle Balloon campaign and a regional golf tournament.

Slide 3
The Costco Scholarship Fund
Costco has joined forces with the University of Washington and Seattle University to create scholarships for underrepresented students. Costco’s goal is to fill the financial gap and offer access for many deserving students to attend these universities. The Costco Scholarship Fund provides financial assistance to highly qualified underrepresented minority students who wish to attend Seattle University or the University of Washington. This scholarship fund is administered by the College Success Foundation.

Slide 4
“Costco is committed to improving the accessibility and quality of health care for children in our communities. By assisting Children’s Hospitals across North America with financial and…...

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