Built on the idea that
corporations have a legal, ethical, and economic responsibility to the
communities they reside in, corporate citizenship is an important social role
of businesses. Nearly all business executives agree that positive community
involvement strengthens a company’s reputation and builds trust with neighbors
and customers alike. In 2016, financial contributions from US corporation
donations amounted to over $18 billion as businesses develop work culture that
encourages charitably through policies and programs.
Because if the vastness of many large companies, charitable
donations are carried out by businesses in a variety of ways. Matching gift
programs encourage employee donations to not-for-profits with a company promise
of mirroring that same donation. General Electric is a notable corporation that
employees this policy and in 2017 more than $36 million was matched from
employee donations.
Goodwill and community support don’t only have to come from government agencies and not-for-profits; any type of business can make a positive impact in the world. Take a look at this infographic for more on how industry initiatives on helping the disadvantaged, promoting community development, and fostering a culture of generosity.
Goodwill and community support don’t only have to come from government agencies and not-for-profits; any type of business can make a positive impact in the world. Take a look at this infographic for more on how industry initiatives on helping the disadvantaged, promoting community development, and fostering a culture of generosity.
Infographic by: www.bestsocialworkprograms.com
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