TY  - RPRT
        AU  - Yörük, Baris
AU  - Oxley, Jonathan
AU  - Harrison, Teresa
        TI  - Corporate Presence and Charitable Giving: Evidence from Panel Data on Firms and Nonprofits
        PY  - 2025/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 18330
        UR  - https://www.iza.org/index.php/publications/dp18330
        AB  - In this paper, we examine specifically how the presence of corporate firms is associated with nonprofit, charitable activity in US metropolitan areas.  We find evidence of a positive association consistent with Card, Hallock, and Moretti (2010) and, due to a longer time horizon with additional information on nonprofit activity, are able to provide additional investigation into how firm location affects size of the nonprofit sector and other nonprofit activities such as fundraising. Our estimates suggest a lower bound on the spillovers such that the presence of an additional firm headquarters within a metropolitan statistical area (MSA) leads to a $8.2 million increase in total charitable contributions within the same MSA. Moreover, a $1 billion rise in the aggregate market value of firms within an MSA corresponds to a $0.8 million increase in local charitable donations.
        KW  - nonprofit organizations
KW  - corporate headquarters
KW  - charitable giving
        ER  -