Essentials on How to Get Started in Corporate Philanthropy

Corporate philanthropy is a form of giving adopted by business organizations as part of their corporate social responsibility. Corporate philanthropy is beneficial not only to the people receiving the donation but to the business as well. You can be able to receive tax waivers and other forms of relief for any amount you give to charities. It is therefore that you consider coming up with a program to give back to the society as soon as your firm starts posting a substantial profit. Here is what you need to do if you want to start a philanthropy program for your company.

Do an Audit of Your Core Values

The core values of your company should be able to indicate what and who you care about. The philanthropy program should be so formulated that it fits into the organization's mission and vision statements. As such, there's need to audit your core values to find out areas of target for your humanitarian efforts.

Go For a Program That Directly Involves Your Participation

It is better to be involved in giving efforts that involve your direct participation rather than just providing funds. Get your employees take part in activities such as visiting of children's or the elderly's home, cleaning or serving at a shelter for the homeless during the weekend. Such programs are more effective as compared to just sending money to the charity organizations.

Look For Partners to Engage With

Sometimes charity work needs partnerships because your firm may not be able to directly provide the services required. There are numerous organizations with a well-established structure of social work and engagement. Partnering with such organizations will ensure that your efforts achieve the highest efficiency. Identify an organization whose ideals are similar to yours and partner with them on the project. Follow Dr Kantor Twitter here!

Make It a Tradition

Do not just be satisfied with carrying out a philanthropic activity once in a while. You should rather make it a tradition and practice at your firm. And the best way to accomplish this is to formulate it into a policy to be implemented, complete with all the necessary strategies of how to go about it. Watch this video https://www.youtube.com/watch?v=DXr3bz5e9iM to know more.

Follow Up on the Progress

It is not enough to just implement a humanitarian exercise and sit back after it's been completed. Always make a point of following up on all your philanthropic projects to ensure that they achieved the desired objective. Sometimes changes may occur that may render your project redundant. Constant monitoring and evaluation ensure that the program achieves the maximum intended benefits for all those involved. Know Dr Moshe Kantor here!