CSR Resources and Guides
More than just frequently asked questions, here are the big topics in corporate social responsibility. The list keeps growing as we get more questions, so check back!
Here's our 15 page whitepaper on the major differences between big company CSR and small company CSR. Privately held or owner-managed businesses engage in social responsibility activities for different purposes, and this whitepaper spells them out. Includes best practices on how to develop high-impact, strategic CSR programs.
Starting up a new CSR program can be a challenge, because there always seem to be more questions than answers. But here’s a process that should get you on the right track.
The term “corporate foundation” doesn’t actually have any official definition in US tax code. Usually, however, it is used to refer to either a private foundation controlled by a corporation, or a public charity associated with a corporation. Each of these are variations on a theme, and while there are very important differences between the two, the process for setting them up is mostly the same.
Typically, a corporate foundation refers to either a private foundation or a public charity controlled or managed by a company. Both of these forms are generally organized under section 501(C)3 of the U.S. tax code. But creating your own nonprofit isn’t necessarily the only way to get the benefits associated with strategic, branded giving. In this article, we’ll look at some of the alternatives, and discuss the pros and cons.
Recognizing that the motivations and resources available for corporate philanthropy will be different depending on firm size, the following process should provide an effective corporate philanthropy program.
Nonprofits regularly use the annual reports of other nonprofits to source new prospects. By making a donation, you're signalling that you're a philanthropic company, and philanthropic companies are likely to make donations to other charities. In other words, the number of charitable solicitations you receive will increase – sometimes dramatically. How do you manage the increased number of charity requests?
The term “corporate foundation” doesn’t actually have any official definition in US tax code. Usually, however, it is used to refer to either a private foundation controlled by a corporation, or a public charity associated with a corporation.
Companies generally start foundations (or alternatives to corporate foundations) to help formalize their philanthropic programs. Ad hoc, nonstrategic giving is expensive, ineffective and time consuming, and a formal program can help to prevent that. Here are the four main reasons that companies start their own foundations.
Creating a corporate foundation isn’t the only way to get the tax, structure, cost savings, branding, and visibility benefits of a strategic corporate philanthropy program. Here are the five reasons you might want to skip the corporate foundation for one of its several alternatives.