Why should any corporation donate to charity? Return the money to the shareholders, who own the company, and let THEM give to the charity of their choice, or it keep it for themselves.
Chickenshit Fold Layed is privately owned. Bet 10 to 1 they loose business on this stupid decision, although it makes sense to consolidate donations within a few rather than 300.
There are no shareholders. Its privately held.
Ownership you say?
https://www.chick-fil-a.com/board-officers/board-of-directors/dan-cathy
As CEO of one of the nation’s largest family owned businesses, Chick-fil-A’s
Dan Cathy represents the next generation of leadership for the Atlanta-based
fast-food chicken restaurant chain founded by his father, S. Truett Cathy. Eager
to incorporate his own skills and talents into the business, Dan has taken an
unconventional, yet personally and professionally rewarding approach to
Chick-fil-A leadership.