>
Corporate Giving
Corporate giving is an important part of philanthropy in the United States but corporations are often inundated with requests for contributions. This can result in an unfocused program. Corporate gifts often depend upon which executive officer was contacted by a particular charity. This can lead to variations from year to year. Some people are uncertain as to the amount of charitable dollars available at their company. Or a corporation might wish to focus on a particular community problem but finds the administrative time and cost to be prohibitive.
Why Start a Corporate Giving Fund?
- Corporations can simplify and focus the giving process.
- Corporate staff is freed from the administrative details of charitable giving and may choose their level of involvement in grantmaking.
- ACCF provides grantmaking services and handles all administrative paperwork, check writing, and investment oversight.
- Ideally, the corporation may be able to expand its corporate giving programs without increasing corporate staff.
- If desired, the charitable works of the corporation receive public visibility through the Foundation's Annual Report.
- A corporate fund provides a dependable stream of income to meet the company's charitable obligations, even during years when cash flow is tight.
- The company can add to the fund at any time.
|