When disasters happen, people are often drawn together in hopes of helping the victims. Companies have massive resources at their disposal to provide disaster relief and support the communities where they are based on a smaller scale, as well. Corporate philanthropy is fast becoming a hallmark of the modern business.
What Is Corporate Philanthropy?
Corporate philanthropy is the practice of businesses and corporations giving where it’s needed. It involves giving money, but also utilizing other resources as necessary to foster and maintain well being in countries or communities in need.
The available resources vary by company. A computer or technology-based company may offer technology information services. A chain of home improvement stores may offer tools, supplies, and even person-power toward rebuilding in the aftermath of natural disasters.
Another form of corporate philanthropy is working alongside non-profit groups to assist them with things like volunteer grants and corporate gift matching...
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