Corporate philanthropy is defined as a philanthropic act made by a company. The primary difference between this and individual philanthropy is that companies tend to have a much larger capacity to be able to donate with, thus benefiting more non-for-profit organizations. Corporate philanthropy is also called corporate giving.
The most common way for one to be philanthropic is to donate money, though there are several other types of donations. Companies can make a donation by providing advertising support or their specific services to a non-profit organization. Companies can also offer the use of their facilities or property.
An example of corporate philanthropy could be when the manufacturer donates part of its sales profit to a certain charity organization or community foundation. Another example could be when a company organizes and funds a charity event benefiting orphans and or sick children.
One last example of corporate philanthropy could be the donation of manpower, the company creates a volunteer group of its employees and they help where help is needed.
The most common way for one to be philanthropic is to donate money, though there are several other types of donations. Companies can make a donation by providing advertising support or their specific services to a non-profit organization. Companies can also offer the use of their facilities or property.An example of corporate philanthropy could be when the manufacturer donates part of its sales profit to a certain charity organization or community foundation. Another example could be when a company organizes and funds a charity event benefiting orphans and or sick children.
One last example of corporate philanthropy could be the donation of manpower, the company creates a volunteer group of its employees and they help where help is needed.
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