Posts Tagged ‘Political Contributions’

Ford Motor Company – Political Contributions

Thursday, January 13th, 2011

RESOLVED
The shareholders of Ford Motor (“Company”) hereby request that the Company provide a report, updated semi-annually, disclosing the Company’s:

Policies and procedures for political contributions and expenditures (both direct and indirect) made with corporate funds.
Monetary and non-monetary contributions and expenditures (direct and indirect) used to participate or intervene in any political campaign on behalf of [...]

Halliburton – Political Contribution

Thursday, January 13th, 2011

RESOLVED
The shareholders of Halliburton (“Company”) hereby request that the Company provide a report, updated semi-annually, disclosing the Company’s:

Policies and procedures for political contributions and expenditures (both direct and indirect) made with corporate funds.
Monetary and non-monetary contributions and expenditures (direct and indirect) used to participate or intervene in any political campaign on behalf of (or in [...]

Pentair – Political Contributions

Thursday, December 2nd, 2010

SUPPORTING STATEMENT

The Supreme Court’s Citizens United decision in January 2010 legalized the use corporate funds to pay for ads supporting or opposing candidates directly and to contribute to state or local elections.
In July 2010 Pentair donated $100,000 to MN Forward, a group created in the wake of the Supreme Court decision to collect donations by [...]

State Street – Political Contributions

Thursday, December 2nd, 2010

RESOLVED
The shareholders of State Street (“Company”) hereby request that the Company provide a report, updated semi-annually, disclosing the Company’s:

Policies and procedures for political contributions and expenditures (both direct and indirect) made with corporate funds.
Monetary and non-monetary contributions and expenditures (direct and indirect) used to participate or intervene in any political campaign on behalf of (or [...]

3M – Political Contributions

Thursday, December 2nd, 2010

SUPPORTING STATEMENT

The Supreme Court’s Citizens United decision in January 2010 legalized the use of corporate funds to directly pay for ads supporting or opposing candidates and to contribute to state or local elections.
3M contributed at least $1.4 million in corporate funds since the 2002 election cycle. (CQ:  http://moneyline.cq.com/pml/home.do and National Institute on Money in State [...]

IBM – Political Contributions

Thursday, December 2nd, 2010

WHEREAS
Political spending by companies is increasingly controversial, heightened by the recent Citizens United Supreme Court decision, which allows companies to make independent expenditures in favor of or in opposition to, a candidate’s election campaign.
Corporate expenditures supporting a contentious 2010 ballot initiative suspending California’s Global Warming Solutions Act added fuel to the controversy, as did Target [...]

Target – Political Contributions

Thursday, December 2nd, 2010

WHEREAS
The Target web site appears to have a thoughtful, transparent process for reviewing political spending, with its disclosure of oversight and 2008 contributions over $5,000.
The web site states “before any contribution is made, we determine that it is consistent with our business interests and under the circumstances, is an appropriate means of advancing our public [...]

Best Buy – Political Contributions

Tuesday, November 30th, 2010

WHEREAS
The Best Buy web site appears to have a thoughtful, transparent process for reviewing political spending.
The web site states that Best Buy will consider, among other criteria for contributing corporate funds to candidates and issue campaigns, “alignment with Best Buy’s core values.”
However, in July 2010 Best Buy donated $100,000 to a political group, Minnesota Forward, [...]

Investors Call on 3M and Pentair to Review Political Contributions Policies

Monday, November 1st, 2010

Trillium Asset Management Corporation, Walden Asset Management and Domini Social Investments issued a press release calling on Pentair and 3M Corporation to adopt emerging best practices of political contribution policies in light of recent controversies over political donations. The press release was issued in conjunction with shareholder proposals filed at Pentair and 3M asking the [...]

State Street – Political Contributions Report

Thursday, February 4th, 2010

RESOLVED
The shareholders of State Street (“Company”) hereby request that the Company provide a report, updated semi-annually, disclosing the Company’s:
1.    Policies and procedures for political contributions and expenditures (both direct and indirect) made with corporate funds.
2.    Monetary and non-monetary political contributions and expenditures not deductible under section 162 (e)(1)(B) of the Internal Revenue Code, including but [...]


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