The community where your business is located is most likely also the neighborhood where you and your employees live, meaning that when you support the nonprofit organizations in the community, you are also giving back to your neighbors. Corporate philanthropy most frequently comes in the form of office giving campaigns. These campaigns can be pledge drives for fundraising or collecting donations of goods for a local nonprofit. Volunteering your time for a community service project or to advocate for those who are less fortunate is another way to engage with those in your area.
No matter how it is presented or which options management chooses, any type of corporate philanthropy program helps your bottom line. According to several studies of consumer practices, a company who is dedicated to serving nonprofits in its community reaps many benefits. In fact, the company receives as many benefits from its philanthropy as the people who live in the area do. Partnering with a charity can help to raise brand awareness for your company, making it a strategic business move as well as a philanthropic investment.