Corporate Funding Profile: Target Corporation

Target Corporation
HQ: Minneapolis, MN
Employees: ~345,000

Company Overview

Target offers their customers, referred to as “guests,” everyday essentials and fashionable, differentiated merchandise at discounted prices. The company is the country’s second‐largest discount chain, behind Wal‐Mart, operating around 1,800 stores across the United States, as well as online through its website. The company sells a broad range of consumer goods, including housewares, apparel and fashion accessories, electronics, food and pet supplies, as well as pharmacy services in some stores through an agreement with CVS Pharmacy. In 2018, Target reported revenue of nearly $72 billion.

Giving: Target Corporate Responsibility – Community

2017 Highlights:

  • Donated more than $104 million in cash to community programs and more than $112 million in-kind donations, including more than $108 million to organizations that support underrepresented communities of color and more than $3.3 million in disaster relief and recovery efforts
  • Donated more than 76 million pounds of food, equating to 64 million meals
  • Made a $14 million commitment to youth soccer, including a local soccer grant program and a partnership with the U.S. Soccer Foundation, with a goal of building 100 new soccer play spaces by 2020

Most of its cash donations are made on the corporate level or by individual stores, with education and youth services receiving much of Target’s support. The company provides grants, employee volunteers and more through the following programs:

Target Youth Soccer Grants

  • Provides support for player registration fees, player and field equipment, and training and professional development for volunteer coaches. Any eligible school, government agency, non-profit organization or non-profit regional/local soccer organization within the U.S., serving youth 5 to 18 years old, can apply. A preference will be given to programs serving in-need communities.
  • Target will provide annual $1,000 grants on behalf of each Target store and distribution center in the U.S. to federally tax-exempt section 501(c)(3) charitable organizations, accredited schools, or public agencies located in the U.S. or one of its protectorates that have soccer programs serving youth 5 to 18 years old. They accept grant applications between noon CDT May 1 and midnight CDT June 30.

Target Field Trip Grants

  • Target stores award field trip grants to K-12 schools nationwide. Each grant is valued at $700. They accept grant applications between noon CT Aug. 1 and 11:59 p.m. CT Oct. 1.

Target Public Safety Grants

  • Awarded to eligible organizations across the country to support crime prevention programs and community safety initiatives.
  • Online applications are accepted March 1 – October 30

Profile updated: Jan 2019