Date:    11/18/97  1:17 PM

Subject: s7-26-97 / Beverly Collins

Gentlemen and Ladies:
     
I am in favor of near complete disclosure of corporate charity giving. 
Stockholders have a right to know where charitable donations are made 
and for what purpose. There might be limits set, such as any gifts under 
$100 in value need not be reported.
     
Local charity needs to be defined also; e.g., the American Cancer 
Society claiming its "local" branch as a local charity is incorrect, 
since all money donated locally goes directly to the state charity fund.
     
I believe stockholders should have input into corporate charity giving, 
but the charity should not be allowed to "lobby" the stockholder.
     
Beverly Collins
2109 Marshalltown Blvd.
Marshalltown, IA 50158