Giving to Mass. Nonprofits by Top Corp. Donors Rose 19%

massnonprofit news ::: "September 25, 2015 — Total corporate charitable giving—cash and in-kind services—by the top 50 donors to Massachusetts nonprofits rose 19% last year, compared to two years earlier, although giving by the very largest corporate donors dropped by nearly 7%, according to a recently published listing.

Total cash gifts by the top 50 corporate donors rose 6%, while total in-kind giving increased 45%, according to the listing compiled by the Boston Business Journal (BBJ)."



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Corporate Philanthropy: Hostile Takeover or Helpful Charity? | Renee C. Herrell

Corporate Philanthropy: Hostile Takeover or Helpful Charity? | Renee C. Herrell: "The business of philanthropy tends to rely on an emotional appeal to donors. Corporations are not necessarily driven to make donations for altruistic reasons nor are they influenced emotionally to support nonprofits -- much like individual donors. Individuals have a heart. Corporations have a bottom line. The result is that corporate donations only make up 5 percent or $16.7 billion of total giving in the United States, according to the Giving USA 2014 Report."



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Corporate philantrophy taking a new path

Corporate philantrophy taking a new path: "This is pure philanthropy," he said, describing why his company is providing its building and funds to the Philadelphia Outward Bound School for its fund-raiser.

By the time the event ends Friday, 130 people will have rappelled down the side of One Logan Square to raise between $200,000 and $250,000 for the group, which organizes outdoor expeditions to teach team-building, leadership, and courage to young people, many from the region's poorest neighborhoods.

But experts say corporate philanthropy is usually about more than just philanthropy.

"There has to be credibility and"



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Is the Death of Corporate Philanthropy Exaggerated? - NPQ - Nonprofit Quarterly

Is the Death of Corporate Philanthropy Exaggerated? - NPQ - Nonprofit Quarterly: The end of corporate philanthropy was predicted in a post on the Forbes Leadership Forum. Paul Klein, who heads business and civil sector consulting group Impakt, encourages any corporations who are giving away their hard-earned dollars to charity to stop.

Klein, admittedly, doesn’t go as far as Milton Friedman famously did, saying that the only responsibility of a business was to make a profit, or as Jamie Whyte implied even more stingingly in the Wall Street Journal, “Corporate philanthropy is theft.” However, Klein spares no punches when it comes to charities. He recommends they “can address the loss of 5% of their revenue by reducing costs, improving efficiency.” (Those who argue that charities should spend more on overheads will wince at that uppercut.) The five-percent figure quoted is the corporate contribution to nonprofit income.

University Study: 5 Musts For Corporate Partnerships | The NonProfit Times

University Study: 5 Musts For Corporate Partnerships | The NonProfit Times: iaonan (Coco) Kou suggested those factors from a case study of a partnership between a local nonprofit in China and a U.S. company that made its first grant in 2006. The case study was part of a session, “Giving Beyond Borders: A Study of Global Giving by U.S. Corporations,” during the 26th annual symposium at Indiana University’s Lilly Family School of Philanthropy, “Taking Fundraising Seriously Timeless Values in a World of Change.”

Corporate Volunteer Grants - Also Known as Dollars for Doers

Corporate Volunteer Grants - Also Known as Dollars for Doers: n a previous article we outlined 7 types of corporate giving programs. While matching gifts are the most common form of employee giving program, volunteer grants are one of the newest and fastest growing forms of corporate social responsibility.

Corporate Giving Programs Still Going Strong

Corporate Giving Programs Still Going Strong: Corporate Giving Programs Still Going Strong
By Leon Kaye | January 29th, 2013 0 Comments
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Bill Gates Steve Ballmer mark 30 years of corporate giving programs

Corporate giving programs are still a large component of many company’s social responsibility strategies. The roots go back to corporate philanthropy dating back to the era of the Rockefellers, Morgans and Carnegies. The practice of giving has its share of critics, including here on TriplePundit. And while writing checks does not substitute for actually “doing good” on social, environmental and corporate governance issues, watch the practice to continue. And it should: at least here in the United States, many institutions, from leading cultural centers to public libraries, have their roots in the Gilded Age of the late 19th century.

American Companies That Give Back The Most, 2012 - Forbes

American Companies That Give Back The Most, 2012 - Forbes: Which of America’s big companies are the most philanthropic? Each year The Chronicle of Philanthropy does a major project on corporate giving, and compiles two lists, one that tallies philanthropy in terms of raw dollars and another that looks at giving as a share of pre-tax profits. The magazine’s 2012 lists look at 2011 giving as a share of 2010 profits.

Gates, Ballmer cheer employees' $1 billion charity mark | Brier Dudley's Blog | The Seattle Times

Gates, Ballmer cheer employees' $1 billion charity mark | Brier Dudley's Blog | The Seattle Times: Microsoft announced that giving through the program has reached $1 billion in cumulative donations to more than 31,000 non-profit groups. Earlier this month, when the company issued its annual citizenship report, the company said it expected to reach that level by the end of 2012.

Ballmer called it a "mind numbing" milestone and thanked the nonprofit "partners" who leveraged the donations and provided an outlet for "our folks' incredible desire to change the world."

Corporate Foundation Giving Showing Signs Of Life - TheNonProfitTimes

Corporate Foundation Giving Showing Signs Of Life - TheNonProfitTimes: Giving by the nation’s approximately 2,700 grant-making corporate foundations grew to an estimated $5.2 billion in 2011, up 6 percent from 2010. Adjusted for inflation, corporate foundation giving increased 2.8 percent in the latest year. By comparison, overall foundation giving declined slightly after accounting for inflation.

Launching a workplace giving program? 6 questions to ask | GreenBiz.com

Launching a workplace giving program? 6 questions to ask | GreenBiz.com: As the market for corporate philanthropy grows ever more crowded, companies are looking to get more value from their giving. And that's a good thing. Today, companies are aligning their CSR and community development efforts with their business strategies and working to engage the workforce with their goals in meaningful ways. As a result, though, the search for the right tools, the right partners and the right measurement parameters keeps getting more challenging.

Paul Clolery: Time to Step Up: Corporate Charity Accounted for Only 5% of Giving in 2011

Paul Clolery: Time to Step Up: Corporate Charity Accounted for Only 5% of Giving in 2011: That's just about the way the for-profit sector treats its philanthropy. "Look at us. Look at us. Aren't we great?" There is a conga line of companies lining up for the new "benefit corporation" status in California, constructed for companies that want a do-gooder label. For-profits all want to scream about how much they do for their communities and for philanthropy.

Austin Gives program encourages area businesses to share profits

Austin Gives program encourages area businesses to share profits: The initiative — called Austin Gives: Business Giving Back — is to be unveiled this morning by 2011 chamber board Chairman Bobby Jenkins and Austin Mayor Lee Leffingwell.

The measure aims to encourage area companies of all sizes to pledge — via an online form at austingives.net — to give a portion of their pre-tax earnings to local nonprofit agencies.

Corporate and Foundation Giving 2011 | Philanthropy Journal

Corporate and Foundation Giving 2011 | Philanthropy Journal: n this special report, PJ looks at trends in giving by corporations and foundations, and what they are looking for in forming partnerships with nonprofits.

Kindness: Charity, Philanthropy, & Social Responsibility - USATODAY.com

Kindness: Charity, Philanthropy, & Social Responsibility - USATODAY.com: But the real headliner? Cash made a comeback in 2010. Indeed, while many corporations pulled back on cash grants during the recent economic crisis, 61% of companies increased cash contributions last year, focusing on such items like disaster relief and matching gift contributions.

While not back to pre-recession levels, this is an important reversal of a trend that has plagued charitable fundraising efforts at many U.S.-based non-profits in recent years.

Other highlights from the report? From the CECP report:

Charities Struggle With Smaller Wall Street Donations - NYTimes.com

Charities Struggle With Smaller Wall Street Donations - NYTimes.com: Operation Hope built a nonprofit powerhouse over the last decade, spinning a stockpile of donations from Wall Street firms into 27 financial education centers across the country.

But the charitable organization’s donor base has retrenched in the wake of the financial crisis. Citigroup’s foundation last year cut its giving 60 percent, to $115,000. The ING Foundation delayed paying its $300,000 commitment to Operation Hope. And the CIT Group, a lender that was once one of the organization’s biggest benefactors, stopped giving altogether.

Not just cutting check for schools, businesses are writing new lessons | StarTribune.com

Not just cutting check for schools, businesses are writing new lessons | StarTribune.com: Just cutting a check for a school doesn't cut it anymore for businesses.

In a significant shift away from "checkbook philanthropy," corporations in Minnesota and nationwide are not merely writing checks but are helping to write curriculums for schools, design or teach classes and train principals.

Big Businesses Won’t Increase Giving in 2011 - Corporate Giving - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Big Businesses Won’t Increase Giving in 2011 - Corporate Giving - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "Charitable giving by the America’s biggest companies will probably be flat in 2011, after a sharp rebound in 2010, according to a Chronicle survey of 180 of businesses.

Cash giving rose by 13 percent, a relief to charities after the recession caused a decline of 7.5 percent by companies in 2009."

United Way seeks donations from large companies to offset loss in giving - wdbj7.com

United Way seeks donations from large companies to offset loss in giving - wdbj7.com: "as the economy continues its slow recovery, non-profits are leaning on large companies to stay afloat.

The United Way of Central Virginia is making its annual appeal for donations. The organization and its partners are paying personal visits to companies like Areva, asking employees to keep giving."

The Nonprofit Quarterly | @npquarterly | National Increases in Corporate Giving Not Seen in Abilene

The Nonprofit Quarterly | @npquarterly | National Increases in Corporate Giving Not Seen in Abilene: "June 25, 2011; Source: Abilene Reporter-News | In Abilene, Texas nonprofits are finding the challenge of raising corporate money more difficult than ever. Last week, the Giving USA 2011 report said that charitable giving by corporations in 2010 actually rose 10.6 percent. How does that make sense to groups like the Abilene Education Foundation, whose latest grant from the Citi Foundation was only half of last year’s amount? As the Education Foundation’s executive director, Jean McMillon, explained, 'The gentlemen we go through had contacted me and said they were having to cut their funding.”"