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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As communities are being asked to address growing social challenges with diminishing resources, the field of philanthropy is placing increasing emphasis on collaboration with businesses, nonprofits, and government in its work for the common good. The webinar will examine the dynamic role of philanthropy as a convener, catalyst, collaborator, and partner across a wide and diverse range of issue and interests.
‘Big Data’ is a hot topic in philanthropy. But what does it actually represent, and how can foundations be most effective in using this data to help inform and advance their work? The first installment of our Leading Forward webinar series will highlight different ways foundations are using Big Data, and how Big Data is being used more broadly to provide insights into the state of the philanthropic field.
Kate Ahern, Vice President of Social Innovation, Case Foundation
Your giving program looks like a convenient vehicle for fulfilling personal charitable pledges. Here’s what you need to know about when to say “no.”
In this issue:
- Philanthropy Leaders Converge on D.C. for Philanthropy Week
- President Obama Releases FY 2015 Budget
- Chairman Camp's Tax Reform Bill
- Lois Lerner Pleads the Fifth, Havoc Erupts
- Social Impact Bonds Issue Briefs
In This Week at the Council, you'll find:
- Philanthropy Week at the Council
- Twitter Chat
- Improving Social Impact Finance
- Take Part in the Columbus Survey
- Tweet of the Week
Find all of this and more in this weeks issue!
3 Ways to Bring Philanthropy Week to Your Community
Right now, over 200 leaders from across the philanthropic sector are uniting in Washington, D.C. to tell their lawmakers that thriving philanthropy builds thriving communities. As lawmakers contemplate comprehensive tax reform, individual changes to the tax code and the President’s FY2015 budget, we must ensure Washington understands that tax policy matters to philanthropy.
President Obama unveiled his Fiscal Year 2015 Budget yesterday, which sets forth the Administration’s spending and policy priorities for the coming year. The Budget presents a fiscal plan oriented around three White House priorities: accelerating economic growth, expanding opportunity for all Americans, and reducing deficits. To cover the cost of these proposals, the Administration seeks to close certain “tax loopholes” it views as providing particular benefit to the wealthy, such as the carried interest deduction.
Working in collaboration with the Center for American Progress, the Council co-hosted conversations among foundations, community development financial institutions, and investment firms about social impact bonds and Pay for Success. Out of these conversations, two issue briefs were created: