|
|
|
Do you have a picture of YOUR customer?
I was recently working with a retail client and was discussing their merchandise strategy with their display manager. I asked the person about two products on the same display and who would buy them. The display manager mentioned that one of the...
GET ON THE INTERNET TODAY - UNSECURED LOANS UP TO $1 MILLION
Until recently leasing companies wouldn't even think about financing transactions that included so-called "soft costs" such as custom software. Financing for hard collateral equipment were the only programs available. Now however, leasing companies...
How to Shop Around for the Cheapest Mortgage Rates and deals Online
Before you start shopping around for a mortgage, you need to establish exactly what you want so that you do not waste your time looking at deals that will not save you money. You should also learn how to compare mortgages or choose what features of...
THE PRESS RELEASE: WHAT TO DO TO ATTRACT THE MEDIA!
THE PRESS RELEASE: WHAT TO DO TO ATTRACT THE MEDIA! By Charlene Rashkow Copyright2002 As many of your already know, promoting and marketing your business in as many creative ways as possible is crucial to the success of your venture. But finding...
Why PR Packs a Punch
Please feel free to publish this article and resource box in your ezine, newsletter, offline publication or website. A copy would be appreciated at bobkelly@TNI.net. Word count is 775 including guidelines and resource box. Robert A. Kelly ©...
|
|
| |
|
|
|
|
|
|
The Softer Benefits of Corporate Giving
The Softer Benefits of Corporate Giving
—Veronica Fielding
Have a favorite charity or non-profit community cause to which you contribute time and resources? Chances are your company will be interested in supporting it, too.
According to the Giving USA 2004 study released by the Giving USA Foundation in the summer of 2004, American individuals, estates, foundations, and corporations gave an estimated $240.72 billion to charitable causes in 2003. In the US, during the five years spanning 1998-2002, corporations contributed $55 billion, (5%) of the total $1135 billion. Corporations also gave through foundations, which contributed an addition $121 billion (11%) of the five year total.
People tend to be aware that there are financial benefits to corporations for donating to charities and that corporations want to be good, forward-acting citizens. What people—and many organizations—don’t realize yet is that there are still other motivators and benefits for corporate giving. The fact is, increasing numbers corporations are extending the benefits of their corporate giving activities by leveraging them as team building programs and employee support initiatives that increase even further the benefits these activities bring to the company itself.
For example, according to Marjorie Polycarpe in a December 2003 article Re-Examining Workplace Giving Programs (http://www.onphilanthropy.com/bestpract/bp2003-12-31.html), she quotes the manager of the employee giving campaign at American Express, Angela Woods, who discussed how her company involved employees early on in their planning process for corporate giving activities to help guide their choices for charities. Getting employee input helped American Express identify the causes and charities that were most important to their employees.
This approach helps organizations communicate to their employees that they respect and support their employees’ donations of personal time and resources. It also helps companies demonstrate that support, by forming foundations, by contributing cash, in-kind gifts, and/or matching programs, and by encouraging other employees to get involved in particular causes and facilitating their involvement.
When companies form foundations, they establish organizations focused on giving to a particular cause or which is authorized to contribute to approved organizations.
Companies can also contribute cash gifts directly to charitable organizations.
When companies donate non-cash resources, these are called in-kind gifts. In-kind gifts can be products that the company produces, moved out of its inventory, or they can be can be other items that the charity can use, such as furniture, computers, food, etc. When companies contribute the services for which they normally charge clients, for example, marketing or legal services, these in-kind gifts are called pro bono donations.
To help support charities that their employees contribute to or to encourage employees to contribute to charities already supported by the organization, companies can enable donations to come directly from the employee’s payroll check. Frequently when such systems are in place, they are part of a company matching program which has the company match, or
exceed by some percentage, cash donations made by the employee. So, for example, if an employee contributes $50 per pay period to an authorized charity, the company would contribute $100 per pay period in a 2:1 program. The company would be contributing in a similar manner for all of the other employees in the program.
Companies are finding that this sort of support, in addition to public recognition and praise of employees who donate their time and personal resources to various causes, helps them communicate to employees that they are valued as individuals. It also provides a forum through which the company can show appreciation to the employee for the benefits it receives through the positive association with the employee.
According to Kurt Rechner, President and Chief Operating Officer of Tejas Securities Group, Inc., “Tejas Securities contributes regularly to charities as a way to give back to our community and to show support for our employees and the companies with which we do business. For example, we’ve made contributions to the Children’s Medical Center Foundation of Austin, the Austin Film Society, and Meals on Wheels, each of which provides wonderful benefits to the people in and around our home-base of Austin, Texas. In addition, we recently learned about the great work being done by Big Brothers of Massachusetts, and we made contributions to that organization as well. I think it’s important for companies to openly communicate with their employees and business partners about their corporate giving activities. By sharing information, the employees feel valued, the organization learns about good organizations that need its support—and it creates a win: win all the way around.”
Companies frequently find themselves contributing around themes. Some, for example, find their employees tend to want to support health-related causes, such as Breast Cancer Research or Alzheimer’s research or other causes that may have affected families and friends. Other organizations find their employees gravitate towards education-related initiatives, such as the TJ Ford Foundation and Reading Is Fundamental. And many organizations find themselves contributing to organizations that help support children, especially organizations that provide esteem-building like Big Brothers/Big Sisters and those helping children with special needs, such as Special Olympics and Make a Wish Foundation.
With good causes being a good rallying point for boosting morale, many organizations use their corporate giving programs as team building tools to help unite their workers around a common charitable cause. They find that uniting workers for an outside cause helps reinforce their ability to work together for the companies’ good as well.
So if you’re an employee who is active in a charity, consider extending the value of your contributions by getting your employer involved. And if you’re an employer who wants to expand the benefits of your contributions program, explore ways to involve your employees, too. The non-profits you support will thank you.
For additional resources on corporate giving and other types of philanthropy visit:
www.onphilanthropy.com
www.aafrc.org
www.minnesotagiving.org
About the Author
None
|
|
|
|
|
| Finance - Leases-Leasing Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
|
| Finance: Leases Leasing Articles from EzineArticles.com |
| http://ezinearticles.com/?cat=Finance:Leases-Leasing Free Content For Your Ezine or Website http://creativecommons.org/licenses/by-nc-nd/2.0/ Why use your ... |
| ezinearticles.com |
|
| Leases Leasing - Money & Finance Articles |
| Leases Leasing - Money & Finance Articles. Money & Finance | Accounting & Payroll | Bankruptcy | Business & Loans | Credit Tips | Currency-Trading ... |
| www.article99.com |
|
| Finance » Leases Leasing » Absolute Article Directory |
| Absolute Article Directory: Finance, Leases Leasing. |
| www.absolutearticle.com |
|
| - Leases-Leasing |
| By David Springer | On January 29, 2006 | In Leases-Leasing | Rated. Short on cash, but need equipment? Consider leasing what you need. ... |
| www.articlebar.com |
|
| Leases Leasing |
| You are here: Article Directory arrow Article Directory arrow Finance arrow Leases Leasing ... Leases Leasing. Articles ... |
| www.rumorist.com |
|
| Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan ... |
| Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan Florence One Way Paris London Frankfurt Madrid Lisbon. |
| www.ideamerge.com |
|
| europe car rental leases leasing one way rentals long term renault ... |
| pictured is the Renault Laguna Estate, With Renault tax-free, short-term auto leasing you get the exact, brand-new vehicle you reserve, plus unlimited miles ... |
| www.ideamerge.com |
|
| Private Fleet - Finance, Insurance, novated leases, leasing, CHP ... |
| New Car Broker Australia. Private Fleet sales discounts on your new car purchase, no haggle, no hassle saving $1000s off all new and used cars for private ... |
| www.privatefleet.com.au |
|
| Projector Leases, Leasing Companies for LCD, DLP, LCOS projectors |
| Projector leasing programs and services. Choose a company. |
| www.projectorcentral.com |
|
| Category: leases-leasing |
| Category... leases-leasing. Results 1 - 3 of 3. Search took 0.01 seconds. Page 1 of 1. Buy or Lease: Which Automobile Transaction is Better? ... |
| www.articler.com |
|
| John Dellagnese & Associates: offices, officespace, lease, leases ... |
| It takes two companies to bring you the premier Corporate Property Development group in Northeast Ohio: the talents of John Dellagnese and Associates ... |
| www.dellagnese.com |
|
| John Dellagnese & Associates: offices, officespace, lease, leases ... |
| Welcome to our Tenant Login Page. * Forgot your password or haven't received one yet? Email us tinah@dellagnese.com or call 330-668-4000 and we will reply ... |
| www.dellagnese.com |
|
| The-Arts-Magazine.com - Leases-Leasing |
| Home arrow Article Links arrow Finance arrow Leases-Leasing. Main Menu ... Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. |
| www.the-arts-magazine.com |
|
| OmegaMotors.com - Your Money - Leases - Leasing Overview |
| Blue Book retail & trade-in value reports on used vehicles. Kelley features prices on used cars, trucks, street and dirt bikes, ATVs, scooters, ... |
| www.omegamotors.com |
|
| Entertainment Guide - Leases-Leasing |
| Sunday, 03 December 2006, Home arrow Article Resources arrow Finance arrow Leases-Leasing ... Mosets Tree. Leases-Leasing ... |
| www.entertainment-resource-directory.com |
|
| - Leases-Leasing |
| Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. spacer.png, 0 kB. spacer.png, 0 kB. download joomla modules download joomla ... |
| www.healthcare-resource-guide.com |
|
| FINANCEDEPARTMENT.COM- Finance, Mortgages, Leases, Leasing ... |
| Finance, Mortgages, Leases, Leasing, Brokerage Houses, Mortgage Lending. |
| www.financedepartment.com |
|
| vehicle leases leasing guide and facts |
| vehicle leases leasing guide and facts. Under the federal Consumer Leasing Act, you, the consumer, have a right to information about the costs and terms of ... |
| www.shopperfavorites.com |
|
| - Leases-Leasing |
| spacer.png, 0 kB. spacer.png, 0 kB. Home arrow Article Resources arrow Finance arrow Leases-Leasing. Mosets Tree. Leases-Leasing ... |
| www.cars-directory-guide.com |
|
|