Corporate Giving Programs and Foundations
Corporate Philanthropy refers to the investments and activities a company voluntarily undertakes to responsibly manage and account for its impact on society. It includes investments of money, donations of products, in-kind services and technical assistance, employee volunteerism, and other business transactions to advance a social cause, issue, or the work of a nonprofit organization. Corporate foundations and corporate giving programs traditionally play a major role in these areas.
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Why CSR’s Future Matters to Your Company
This post first appeared on the HBR Blog Network.
More and more, companies are building long-term commitments to corporate social responsibility (CSR). In 2012 the rise in consumer activism and mobility, the Occupy movement, 24-hour accountability (thanks to social media), and global resource…
Giving the Gift of Giving
by Brenda Chumley
On behalf of the entire team at the Greater Kansas City Community Foundation, I'd like to wish everyone a happy Community Foundation Week! We're pleased to celebrate by sharing how we work with other community foundations across the country.
In 2004, the Greater Kansas City…
Conflicts of Interest at Foundations: Avoiding the Bad and Managing the Good
BoardSource | A partnership of the Forum of Regional Associations of Grantmakers and the Council of Michigan Foundations
Even the most comprehensive conflict-of-interest policy cannot cover every conceivable situation where there might be the appearance of a conflict. Accordingly, conflict-of-…
Managing Expectations, Coping With Realities
Fundamentals
by Lee Draper
Every year, scores of individuals are recruited to join the program staff of foundations. As program officers or directors, they allocate billions of dollars to the nonprofit organizations doing work in our communities and abroad.
Despite being charged with such responsibility,…
Communicating Corporate Responsibility
At ING, we have developed a strong corporate responsibility (CR) program that is enhanced through engagement in all levels of our company. What have we learned? Buy-in and communications are important on a variety of levels. Tying CR directly to the CEO is critical. A CR program with strong…
What Really Counts: Measuring RoI
Corporate philanthropy functions are increasingly emphasizing return on investment (RoI) in their grantmaking. Understandably, corporate foundations want to use their funding, energy, and time as effectively as possible. But for the Pfizer Foundation, evaluation is a tool to help refine our…
“Reinventing” Corporate Philanthropy
The Council on Foundations’ Corporate Philanthropy 2012 project calls for a “reinvention” of corporate philanthropy, in part through a core group of leaders/practitioners who are willing to “guide, adopt, test, and validate new management approaches.”
So often our ability to transform established…
Corporate Philanthropy as a Profession
Major societal challenges-poverty, hunger, inconsistent access to high-quality education and health care-adversely affect hundreds of millions of people on our planet. The business community can play a vital role in addressing these complex problems. To make a meaningful contribution, businesses…
Corporate Philanthropy 2012: The Conversation Is Just Beginning
As the Council on Foundations plans for 2012, we’re looking for opportunities to partner with others to find effective ways to address the profound social and environmental challenges we all face. In addition, the Corporate Committee has been discussing the changing role of…
Charitable Giving
Issue
The charitable deduction is a tax provision which allows individuals to reduce their taxable income by the total amount of charitable contributions they made in that tax year (with some limitations, depending of the type of gift—i.e. cash, stocks, property—or the type of organization…