I think you will see corporate contributions come later as inventory write-offs. Right now, all the aid organizations are asking for the thing they need the most in this situation, cash - and has been noted, businesses are not in business to give money away - they have to take care of their shareholders and employees first and foremost. They can be sued by the shareholders for using cash for non-business purposes. What corporations can do is donate old inventory, obsolete goods and overstocks, and get a tax benefit that helps the bottom line. I think you will see more of that as more of the concrete needs become known.
|