From the surface, corporate philanthropy appears easy. Choose causes that matter most to your employees and communities, then support nonprofits in those areas with time, money, or both. If only it were that easy. Finding the right charitable solution for your company is imperative. Not only does it affect the philanthropic impact you can make, but also your employee recruiting …
From Numbers and Beyond, There Are Many Ways to Calculate the ROI of Your Corporate Giving Program
Corporate giving in 2021 stood at $21.08 billion—a 23.8% increase from 2020.1 If your company has any type of corporate giving program, your donations account for part of that $21.08 billion. However large or small, company leaders are seeking ways to measure their return on investment (ROI) of their corporate giving programs. Not only in terms of financial metrics, but …
Turkey and Syria Earthquake: How to Help Now
On February 6, a 7.8 magnitude earthquake struck southern Turkey near the northern border of Syria, followed by another 7.5 magnitude earthquake just nine hours later in the same region. The impact of this disaster is not yet fully known, but the World Health Organization estimates that at least 23 million people will be impacted in some way. At the …
Corporate Giving Programs and Their Impact on Communities
Some of the world’s greatest philanthropists are business owners and corporate executives. What drives their charitable work can be attributed to many factors, ranging from solidifying their employee, client and community ties and supporting the communities that support them, to favorably positioning their company to appeal to future workforce’s values and taking advantage of tax incentives. These programs make a …
Supporting Hurricane Relief Efforts
We often feel helpless in the face of a single natural disaster. It can be paralyzing trying to comprehend the damage created by two disasters that occurred nearly simultaneously. Hurricane Fiona landed in Puerto Rico and the Dominican Republic on Sunday, Sept. 18 claiming more than two dozen lives and causing the worst flooding Puerto Rico has seen since Hurricane …
Grantmaking 101: Making Grants through a Donor-Advised Fund
What does it mean to be a grantmaker, and what does it look like from a donor-advised fund? In this video, Senior Philanthropic Advisors Nicole Stuke and Whitney Hosty share the ins and outs of making grants through a charitable fund at Greater Horizons. They cover: Types of grants made through donor-advised funds The benefits of formulating a grantmaking strategy …
Engage your employees with a corporate charitable giving program
Employee engagement has emerged as a critical driver of business success. Whether you are a small business or a large corporation, retaining and engaging employees is equally important. Over the past few years, the modern workforce has transformed. Millennials make up a majority of the workforce today, and they are more engaged with companies that allow them to give back …
Is it time to consider establishing a corporate charitable foundation?
If your business is like many businesses today, you see the need to give back to your community. Your employees also want to work for a company that allows them to give back. Your leadership team supports and encourages charitable giving, but you know you can be doing more. If your organization supports charitable organizations in ad hoc ways and …
A Corporate Donor-Advised Fund or a Corporate Private Foundation? Which is Right for Your Company?
As any corporate leader or director knows, in most cases there is more than one way to reach established company goals. When the goal is to streamline and maximize corporate charitable giving, the decision comes down to creating a private foundation or a corporate donor-advised fund. Like retirement accounts, both have an end goal, but there are different types of …
Should My Company Establish a Corporate Charitable Giving Foundation?
Your curiosity is a strong indication that it’s time to start thinking seriously about establishing a corporate charitable giving foundation. Obviously, you are thinking along the lines of corporate social responsibility (CSR), giving back to your community and internalizing your employees’ and customers’ desire to be associated with a brand that is making a meaningful impact on causes that matter …