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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The Council on Foundations announced today that Darcy Oman, President and CEO of The Community Foundation Serving Richmond and Central Virginia, received the Distinguished Service Award. And, Shelley Trott, Director of Arts Strategy and Ventures for the Kenneth Rainin Foundation received the Robert W. Scrivner Award for Creative Grantmaking for innovation and strategic vision in grantmaking.
In summer 2012 I was a brand new Program Officer and wasn’t sure what to expect when I joined a group from the Jewish Funders Network (JFN) on a rural bus tour of eight youth camps in three days. My traveling companions were members and guests of the JFN Disability Peer Network. We were all trying to understand better how well children with disabilities are included in the Jewish camping movement.
The idea of coordinated giving days is gaining momentum. These social media campaigns provide an image-building opportunity for community foundations as well as opportunities to build the capacity of our grantees to raise money for themselves. Rather than providing technical assistance, project management, and marketing services, the best investment community foundations can make, consistent with their convening role in the community, is to build the incentive pool for the giving day. Here is why: