Growth in charitable giving in the United States slowed in 2018, possibly as a result of the 2017 tax reform bill, according to an annual report that tracks American giving patterns. But the decline wasn’t as big as many predicted.
Josh Driver, founder of Selfless.ly, which sells cloud-based software for managing corporate social responsibility programs, says volunteer PTO is an increasingly important part of benefits packages. In fact, nearly one quarter of companies now pay employees to spend their time and energy with a not-for-profit.
Employees are not always fulfilled by their work. That can lead to expensive turnover, poor performance or disengagement. Empowering your staff to find purpose during work time creates loyalty to your company and helps fill the gaps their employment may not be creating at the moment.
“Our central focus as a company is always to make lives better. … It’s a value that is core to every single employee who works here. So if we can have programs that reinforce that we are a company that is focused on making lives better, then we are doing something that connects to our mission and reminds our employees what really matters to us as a company.”
Business leaders recognize today that they and their companies have the ability to positively impact their community through volunteerism efforts. Many see it as a responsibility.
Experts in corporate social responsibility, or CSR, say such programs are at least in part driven by millennials in the workforce and are almost necessary today to attract and maintain top talent.
IU Kelley School of Business professor Amrou Awaysheh says the term corporate social responsibility is often misunderstood. It’s not just philanthropy or volunteerism. It’s how companies treat their employees, how they interact with the environment, and the care they take with their supply chains.
Super Service Challenge, a national not-for-profit aimed at helping charities raise money and in-kind contributions, is launching a new e-platform designed by Indianapolis-based Sells Group meant to connect companies, volunteers and not-for-profits in a whole new way.
The program, which Cummins is describing as its “most ambitious community initiative ever,” is called Cummins Powers Women.
An Indianapolis law firm is hoping to boost what’s known as “social entrepreneurship” in central Indiana by bringing together people who want to both generate a profit and improve society with their business endeavors.
For Indianapolis to thrive, its businesses need to share their resources for civic-minded efforts, N. Clay Robbins told attendees Friday at the Engage Indiana event for corporate philanthropy.
Some companies are offering employees money to donate to charities with no strings attached, while other initiatives are designed to reward volunteer efforts.
American Structurepoint’s $250,000 gift combined with $100,000 from IPS will allow the school district to expand Project Lead the Way’s STEM curriculum from five schools to more than 50.
The family behind Hamilton County mainstay Reynolds Farm Equipment has pledged $1 million to Conner Prairie Interactive History Park. The gift was announced Thursday evening during a ceremony honoring the company and its leaders for their generosity.
Americans gave an estimated $316.2 billion to charity last year, continuing a string of small philanthropic gains. What cause got the bulk of the bounty?
The 500 Festival Mini Marathon in May will once again focus Hoosier attention on distance running—a sport where shifting demographics and rising interest have combined to generate strong sponsorship revenue.