David Shorenstein | How Businesses Can Incorporate Philanthropy on a Budget
There’s no doubt about it, implementing philanthropy into a business is a sure-fire way to not only give back to the community but provide yourself with positive exposure. However, this option is often not feasible for smaller or medium-sized companies who may be already running on a shoestring budget. So, what can you do about it? The following list includes some of the best ways you can incorporate philanthropy without breaking the bank.
Use What You Have
As stated above, most companies don’t have the funds to sponsor large events or create scholarships. This is why it is so important to look within your company and see what assets you have that you can use to give back. For example, if you have a large warehouse that goes unused during the weekends, you may offer to donate the spot to a local charity. They would greatly benefit from having a large facility to sort their donations through or simply hold meetings in. If you don’t have any space such as a warehouse to offer, you can still offer your office space as a donation center for people to drop items too.
