As head of CFO Selections corporate philanthropy initiatives, the question I get most often, especially now at budget time, from other company executives is, “What is the right amount of money to budget for donations?”
Before answering this question, I usually ask,
“What are you hoping to achieve with your corporate philanthropy?”
Being recognized for Corporate Philanthropy has long been thought of as a nice PR benefit of business giving. However, “giving” just isn’t enough. Even being a good corporate citizen can be improved upon. Being a socially responsible business should be the goal of every company's giving program.
Corporate Social Responsibility makes good business sense.
Our team has walked in your shoes. We have built, run and expanded numerous nonprofits and social enterprises.
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