Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Philanthropy and other Charity topics.
In the world of business, it is increasingly more challenging to do business in the community and not be a part of it. Good corporate citizenship includes giving business-sponsored donations. Corporate philanthropy helps companies increase their corporate profile and community goodwill, and corporations also benefit from the reinforcement of the common good that philanthropy fosters.
Funding from corporations is often in the form of larger gifts or grants, and can make a significant and positive impact on nonprofits' ability to advance their mission effectively. While many companies have a group dedicated to deciding to which causes to give, and how much, employees also have the opportunity to recommend charitable causes. Urge your company to get involved!