Corporate Philanthropy refers to the investments and activities a company voluntarily undertakes to responsibly manage and account for its impact on society. It includes investments of money, donations of products, in-kind services and technical assistance, employee volunteerism, and other business transactions to advance a social cause, issue, or the work of a nonprofit organization. Corporate foundations and corporate giving programs traditionally play a major role in these areas.
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Potential Questions to Anticipate from your Board
In this week's Washington Snapshot:
The Time to Engage is Right Now
When my colleague and fellow attorney Lara Kalwinski, Senior Counsel for Policy and Compliance and Executive Director of National Standards, and I both came to the Council on Foundations in 2013, we each had extensive experience with the Council’s books, newsletters, and other legal publications. In fact, we both relied heavily on these resources in our previous positions.
Realizing that it was time to begin updating them to incorporate changes in the law and other new information, Lara and I began to brainstorm about the best ways to deliver the information to our members.
The Council on Foundations, a member of the Global NPO Coalition on FATF, applauds the Financial Action Task Force’s (FATF) recent update to its counter-terrorism recommendation on NPOs, specifically grantmakers.