Concept

How has corporate philanthropy shifted toward strategic giving?

IntroductionToBusiness OP 8D04gAa / 2.5. Trends in Ethics and Corporate Social Responsibility*

"Historically, corporate philanthropy has typically involved companies seeking out charitable groups and giving them money or donating company products or services. Today, the focus has shifted to strategic giving, which ties philanthropy and corporate social responsibility efforts closely to a company’s mission or goals and targets donations to the communities where a company does business. Some of the top businesses recognized for their efforts in giving back to the communities in which they operate include technology giant Salesforce, San Antonio’s NuStar Energy, insurance and financial services firm Veterans United, and software leader Intuit."

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How has corporate philanthropy shifted toward strategic giving? | IntroductionToBusiness OP 8D04gAa | Bifalgorithm | Bifalgorithm