A Lesson in Corporate Philanthropy

By: Therese

Therese participated in Allowance for Good's Spring 2016 Emerging Leaders in Philanthropy class in the Elmhurst location.



"I am a Catalyst for Good because...
I believe all people have the right to
be educated no matter what
the situation." - Therese

Corporate philanthropy is when a business helps others in need by donations or by spending time. I learned that companies can cause a positive change because they can help others, encourage other companies and consumers to help others that are in need. In addition, corporate philanthropy can help a community to become involved in a cause by using their products or bringing the company together by physically helping out others. In addition, being a corporate sponsor provides a positive image for the company itself, which leads to more sales and tax benefits. When I am in the working world, I would make sure that the company (or my company) would donate or support an organization and do physical work to help out those who need help. Overall, corporate philanthropy is important because it gets large companies to help out smaller originations and others that need donations and action.