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Salesforce.com Named to Corporate Philanthropy Top 50
San Francisco Business Times acknowledges salesforce.com alongside established firms like Wells Fargo and Levi Strauss in its prestigious annual ranking of the Bay Area's 50 largest corporate giving programs
July 12, 2003
SAN FRANCISCO, Calif. – July 12, 2003 – Salesforce.com, the world leader in delivering software-as-service, announced today that the salesforce.com/foundation has been named to the San Francisco Business Times annual ranking of the Bay Area's 50 largest corporate giving programs. This is the second consecutive year that the company has been recognized for its community service and corporate philanthropy initiatives and been invited to speak on the panel to all 800 attendees. Salesforce.com joins other top private and public companies on the prestigious list, including Levi Strauss, Wells Fargo (NYSE: WFC), eBay (NSDQ: EBAY), Microsoft (NSDQ: MSFT), Cisco Systems (NSDQ: CSCO), and IBM (NYSE: IBM). The list was published in the edition released today.
At the celebratory event for this recognition held Wednesday, June 10, Marc Benioff, Chairman and CEO of salesforce.com and salesforce.com/foundation, spoke to fellow corporate philanthropists about his business and philanthropy integration model. By donating 1% of profits to the community annually through salesforce.com product donation to qualified nonprofits, 1% of salesforce.com equity to its programs and 1% of employee working hours to community service, salesforce.com ensures that as the business grows so does its contribution to the communities in which it operates.
Benioff represented one of the youngest and smallest companies on the list and celebrated the fact that salesforce.com recently hit its first profitable quarter. He attributed the company’s success in the current economy in part due to its strong commitment to corporate social responsibility. “Companies that give, receive,” said Benioff. “We believe that in poor economic climates it is more important than ever to give back to the community. What you give tends to come back to you 10-fold in ways you may never anticipate.”
The San Francisco Business Times, a Bay Area publication that reports on local business news, also publishes the Book of Lists, honoring the Bay Area's hottest companies and their decision makers. Philanthropy rankings are based on cash and in-kind donations made to qualified nonprofit organizations in the Bay Area during the fiscal year ended 2002.
The salesforce.com/foundation harnesses the energy of the salesforce.com community to make a positive difference in people's lives through service and technology-related projects for youth, builds and manages integrated programs in communities around the world, and supports projects extending across the United States as well as Europe, Asia and Africa. As a result, cash and in-kind contributions extend beyond the Bay Area. Salesforce.com and the salesforce.com/foundation currently serve over 30,000 people through 41 technology centers in 8 countries.
About salesforce.com
Salesforce.com is the world's leader in delivering software-as-service. It offers the award-winning salesforce.com family of on-demand solutions for integrated sales force automation, campaign management, customer service and support, and document and file management to help companies meet the complex challenges of global customer communication. It has also introduced sforce, a new service that will change how applications are built as significantly as salesforce.com changed how applications are delivered. Sforce allows business application developers to use the tools that developers already love, combined with Web services provided by sforce, to rapidly build and deploy applications at a substantially lower cost than ever before. Salesforce.com has received considerable recognition in the industry, including Editors' Choice and two Five-Star ratings from PC Magazine, two Deploy Awards from InfoWorld, Red Herring 100, Upside Hot 100, Investor's Choice Award from Enterprise Outlook, Editors' Choice from TMCLabs, Top 10 CRM Implementation from Aberdeen Group and InfoWorld's 2001 CRM Technology of the Year. The company has more than 6,700 customers in 110 countries running its services in 10 languages. Founded in 1999, salesforce.com is headquartered in San Francisco, with offices in Europe and Asia.
About salesforce.com/foundation
Salesforce.com/foundation is the leader in integrating philanthropy and business. Through its model of donating 1% of profits to the community annually, 1% of salesforce.com equity to its programs and 1% of employee working hours to community service, the Foundation is building a new model for corporations to better serve the communities in which they operate. The Foundation also strives to better the lives of youth by providing relevant access to technology for youth in underserved communities both domestically and abroad. The Foundation works with other corporations, youth development agencies, and NGOs to create a society in which children, regardless of socio-economic background, ethnicity or learning level, have access to technology and understand how to use it to enhance their lives. Since July 2000, the Foundation has opened over 40 Community Technology Centers across the globe serving nearly 30,000 youth and other community members; has provided close to 5,000 hours of service to the community through salesforce.com's 300 employee volunteers; and offers the salesforce.com award winning online customer relationship management application to more than 100 qualified nonprofits globally saving them hundreds of thousands of dollars every year. More information is available at www.salesforce.com/foundation.
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