Pierce Mattie Public Relations New York

A recent study showed that American consumers are 90% more apt to purchase from a company that mirrors their conscience in both the company's social responsibility and philanthropic efforts. Due to the economic downturn, however, companies are looking to cut costs from all non-essential areas. While it may seem like an easy line item to remove, several jewelry companies have continued to embrace philanthropy.

In Town & Country's June Issue, companies such as Montblanc, Roberto Coin and Joan Hornig were highlighted for their charitable work. They were just part of a group that ran the gamut from luxury to wallet-friendly designers.

For smaller companies, putting dollars towards good causes can be challenging...