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Corporate Philanthropy Explained

Terry Colip | Corporate Philanthropy Explained
With corporate philanthropy on the rise due to the Covid pandemic, corporations need to know how they can also make the same adjustments to their budgeting if they choose to do so. The lists provided are typical examples of how a business can participate in this philanthropy practice.

Employee Driven Philanthropy

There are several ways businesses can use their employees to give back to the community. Each of these strategies creates opportunities for everyone in the company to become involved. This also leaves room for creativity and a broad approach to corporate philanthropy.
Matching Gifts: Companies can match donations that their employees contribute. This can be more than monetary contributions, but other items as well. For example, you could host a drive to donate coats or toys to those in need and match each employee’s donation with another item. Matching gifts can help to boost team-building skills within the workplace while also boosting company morale.

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Corporate Philanthropy Explained
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Corporate Philanthropy Explained

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