China has entered the ranks of "middle-income" countries in 2010, the middle income stage is faced with the problem of unfair distribution of income and the widening gap between the rich and the poor. In view of the important role of the third distribution in promoting social equity, we research the relevant business behavior at the micro level. This paper collects the data of listed companies from 2005 to 2015, and studies the relationship between executive education background and corporate donation. The study found that:1) if the choice of major in the higher education stage (including specialist, undergraduate, and higher education) of the CEO of enterprise belongs to the humanities and social sciences rather than science and engineering class, their enterprises will have more social donations; 2) The professional background of the CEO's decision-making has a long-term stability of the impact of occasional events. Based on the theory of high-level echelon, this paper further studies the influence of executive characteristics on the donation behavior of enterprises, and finds that educational background of executives has a long-term impact on corporate donation decision-making, which helps to guide enterprises to fulfill their social responsibilities and promote social equity.