Previous posts have described why
corporations donate to causes and philanthropies. Isabel Vincent and Melissa Klein report at
The New York Post:
Sharpton raised $1 million for NAN at his 60th birthday bash in October, with donations rolling in from unions and a corporate roster of contributors including AT&T, McDonald’s, Verizon and Walmart.
Companies have long gotten in line to pay Sharpton. Macy’s and Pfizer have forked over thousands to NAN, as have General Motors, American Honda and Chrysler.
‘NAN had repeatedly and without success asked GM for donations for six years beginning in August 2000, a GM spokesman told The Post. Then, in 2006, Sharpton threatened a boycott of GM over the planned closing of an African-American-owned dealership in The Bronx. He picketed outside GM’s Fifth Avenue headquarters. GM wrote checks to NAN for $5,000 in 2007 and another $5,000 in 2008.
Sharpton targeted American Honda in 2003 for not hiring enough African-Americans in management positions.
“We support those that support us,” Sharpton wrote to the company. “We cannot be silent while African-Americans spend hard-earned dollars with a company that does not hire, promote or do business with us in a statistically significant manner.”
Two months later, car-company leaders met with Sharpton, and Honda began to sponsor NAN’s events. The protests stopped.
Sharpton landed a gig as a $25,000-a-year adviser to Pepsi after he threatened a consumer boycott of the soda company in 1998, saying its ads did not portray African-Americans. He held the position until 2007