Corporate Philanthropy

A detailed Summary of Corporate Philanthropy

Over the last ten years, business began to change some of their beliefs. In today's society, businesses now place a high value on providing service to the community. According to a report by the Conference Board and the Points of Light Foundation, 92 percent of corporate executives believed their employees should participate in community service (Stallings, 1998). Corporate executives are pushing for employees to participate in community service because everyone involved benefits. Not only is the community positively influenced, but the employees and the business also benefit. Many companies have begun to install ways for their company to help out the surrounding community. Some companies are more involved than others, but now a majority of business are working to help out the community.

The September 11, 2001 tragedy shows the change that business has made over the years. After the attacks, many companies offered their services in order to decrease chaos and to help out the general public. During this tragedy, some people offered their services because they wanted to feel patriotic by helping out the country, but others helped out just to make a difference. Countless businesses also saw this as a time where money was

In the past, the idea of businesses donating their time to charity was rare, but now it is rare if a business does not perform charity work. Businesses will continue to promote charity work as long as they feel that there is a benefit. As long as employees continue to develop business skills, companies will continue to assist the community. Corporate executives are now starting to realize that community service can help the business in a variety of ways. As a result, in the next few years, community service by business people should continue to increase.

Businesses place such an emphasis on community service because they feel that employees gain business skills while they are donating their time (Wiesendanger, 1994). Charities such as Habitat for Humanity and Kaboom, a program that builds playgrounds in areas of poverty, are two charity programs that businesses work with. When donating their time to charity business people learn how to work well in groups. Businesses also feel that their employees can gain a sense of leadership, while performing some of their charity work. Because most of the people being taught are not very aware of the subject matter, the businessperson must take control of the situation. Business people gain a wide variety of skills when they teach others about their line of work. Another skill that an employee gains while teaching is group-speaking skills (Wiesendanger, 1994). For many people, speaking in front of a crowd is a terrifying experience, but when business people start to teach others, they help to impro

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Approximate Word count = 1050
Approximate Pages = 4 (250 words per page double spaced)

Category: English