Corporate month (or week) of giving, also known as corporate giving month or corporate giving campaign, is a period of time during which a company focuses on charitable giving and community service. This may involve making donations to charitable organizations, participating in volunteer activities, etc. Corporate month of giving is often initiated by the company's leadership or human resources department and may involve the participation of employees across the organization. The goal of corporate month of giving is to promote a culture of philanthropy and to make a positive impact in the community.
What are the benefits of Corporate Month (or week) of Giving?
Improved corporate reputation: Companies that engage in philanthropic activities are often viewed more favorably by the public, and thus has better reputation and brand image.
Employee engagement and morale: Participating in charitable activities can help engage employees and foster a sense of teamwork and purpose. It can also improve morale and increase job satisfaction among employees.
Community involvement: Corporate month of giving provides an opportunity for companies to become more involved in their local communities and to make a positive impact.
Networking and partnerships: Charitable activities can provide opportunities for companies to form partnerships and build relationships with other organizations and individuals who are aligned with the company’s mission & vision.
Cost savings: Companies that engage in philanthropic activities may see cost savings as a result of reduced turnover and improved employee morale. Additionally, charitable donations may be tax-deductible, which can help reduce the company's overall tax burden.