A well-respected colleague and I recently had a troubling conversation.
Corporate philanthropy functions are increasingly emphasizing return on investment (RoI) in their grantmaking. Understandably, corporate foundations want to use their funding, energy, and time as effectively as possible.
The Council on Foundations’ Corporate Philanthropy 2012 project calls for a “reinvention” of corporate philanthropy, in part through a core group of leaders/practitioners who are willing to “guide, adopt, test, and validate new management approaches.”
Major societal challenges-poverty, hunger, inconsistent access to high-quality education and health care-adversely affect hundreds of millions of people on our planet. The business community can play a vital role in addressing these complex problems.
As the Council on Foundations plans for 2012, we’re looking for opportunities to partner with others to find effective ways to address the profound social and environmental challenges we all face.
Earlier this month, a group of corporate citizenship leaders representing a range of industries assembled in New York to answer this question: What must we do to transform the corporate philanthropy and corporate citizenship fields?