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"Corporate Social making an investment" is a step forward advisor for companies making plans their company giving options, in addition to a beneficial fundraising instrument for nonprofit corporations looking company aid. It displays the present groundswell of curiosity within the subject brought on by way of contemporary discussions in Congress and the protection and alternate fee, which indicated extra destiny constraints on company philosophy.
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Additional info for Corporate Social Investing: The Breakthrough Strategy for Giving & Getting Corporate Contributions
They have been plucked from businesses that have discovered savvy ways of coupling their interests with nonprofit programs and activities. Some corporations have been churning out these inventive relationships for a long time. Please don't be misledthese disclaimers should not be interpreted to mean that corporate social investing has become a widespread phenomenon throughout the business world. Quite the contrary. Most corporations have yet to discover its benefits. An even smaller percentage of nonprofit organizations knows much about the concept.
Reed Whittle was, as usual, on the mark in his suggestions for improving Corporate Social Investing. Other cheerleaders like Ann and Vernon Jordan, United Way's Betty Beene, David Morgan at the Council for Aid to Education, and UCLA's Dr. Al Osborne all helped me get this book to the finish line. Bob Forrester, of Payne, Forrester & Olsson, has sharpened my thinking with penetrating questions and good old-fashioned horse sense. I am indebted to my son, Ryan, for his support of this book and other related projects.
If a corporation is in the business of selling direct to consumers, the answer is yes every time. If a company is a vendor to other corporations or organizations, it may be less obvious as to how social investing can return value to such a business. However, as will be pointed out in later chapters, there are ingenious ways to leverage social investments regardless of what a corporation makes, sells, or services. Fact: Corporations Can Write off Money, Products, and Land Given to Certain Nonprofits as Legitimate Tax Deductions Businesses can declare up to 10 percent of their pretax profits as tax-deductible charitable contributions each year.