Podcast
Questions and Answers
Which of the following best describes strategic philanthropy?
Which of the following best describes strategic philanthropy?
- A company's charitable activities that aim to increase the well-being of mankind while providing financial benefits. (correct)
- A marketing tactic that involves partnering with any organization.
- Donating money without expecting any benefit in return.
- A business strategy focused solely on maximizing profits.
Strategic philanthropy is primarily about direct and immediate financial gains for the company.
Strategic philanthropy is primarily about direct and immediate financial gains for the company.
False (B)
Name two popular terms associated with strategic philanthropy.
Name two popular terms associated with strategic philanthropy.
Cause-related marketing and community partnering.
Strategic philanthropy is a positioning that ______ your company with a not-for-profit organization or cause.
Strategic philanthropy is a positioning that ______ your company with a not-for-profit organization or cause.
Which of the following is NOT a benefit that a business might receive from strategic philanthropy?
Which of the following is NOT a benefit that a business might receive from strategic philanthropy?
Strategic philanthropy requires forming a relationship with a non-profit organization.
Strategic philanthropy requires forming a relationship with a non-profit organization.
How does strategic philanthropy enhance brand awareness for a company?
How does strategic philanthropy enhance brand awareness for a company?
According to the content, corporations can be important ______ of funding for non-profit organizations.
According to the content, corporations can be important ______ of funding for non-profit organizations.
What is a primary benefit for employees who participate in workplace volunteer activities?
What is a primary benefit for employees who participate in workplace volunteer activities?
Efforts to support employee volunteerism never include providing paid time off for volunteer activities.
Efforts to support employee volunteerism never include providing paid time off for volunteer activities.
What generation is particularly keen on organizations active in philanthropy and service?
What generation is particularly keen on organizations active in philanthropy and service?
According to a 2015 Deloitte Millennial survey, __ in 10 Millennials say they chose to work for their current employer because they felt a sense of purpose there.
According to a 2015 Deloitte Millennial survey, __ in 10 Millennials say they chose to work for their current employer because they felt a sense of purpose there.
Which company offers its employees 40 paid hours per year for volunteer activities?
Which company offers its employees 40 paid hours per year for volunteer activities?
Volunteer and philanthropy programs always develop through the efforts of the IT department.
Volunteer and philanthropy programs always develop through the efforts of the IT department.
What are three considerations for Human Resources when creating a volunteer program?
What are three considerations for Human Resources when creating a volunteer program?
The Philippine Business for Social Progress (PBSP) is the largest ______-led NGO in the Philippines.
The Philippine Business for Social Progress (PBSP) is the largest ______-led NGO in the Philippines.
Which strategy does PBSP adopt to scale up impact and address complex, systemic problems?
Which strategy does PBSP adopt to scale up impact and address complex, systemic problems?
The NutriSapat, Batang Angat program is only focused on providing dietary supplements.
The NutriSapat, Batang Angat program is only focused on providing dietary supplements.
What dietary support duration is given for the undourished children under the NutriSapat, Batang Angat program?
What dietary support duration is given for the undourished children under the NutriSapat, Batang Angat program?
The NutriSapat, Batang Angat program promotes ______ (Food Always In The Home) gardening.
The NutriSapat, Batang Angat program promotes ______ (Food Always In The Home) gardening.
Until what age does the NutriSapat, Batang Angat program focus on contributing to the reduction of stunting and wasting among children?
Until what age does the NutriSapat, Batang Angat program focus on contributing to the reduction of stunting and wasting among children?
The Water Alliance aims to accomplish two-year targets.
The Water Alliance aims to accomplish two-year targets.
In what year did PBSP launch the Water Alliance?
In what year did PBSP launch the Water Alliance?
The Philippines is anticipated to have severe water shortage in major river basins by ____.
The Philippines is anticipated to have severe water shortage in major river basins by ____.
Through funding support from the members, the Water Alliance provided 39 communities including schools with potable water systems worth PhP_________.
Through funding support from the members, the Water Alliance provided 39 communities including schools with potable water systems worth PhP_________.
What does the Bayanihang Pampaaralan program primarily focus on?
What does the Bayanihang Pampaaralan program primarily focus on?
The Department of Education (DepEd) closed the classroom gap in 2001.
The Department of Education (DepEd) closed the classroom gap in 2001.
Name an initiative of PBSP implemented as a platform to generate private sector constituency that supports education reforms.
Name an initiative of PBSP implemented as a platform to generate private sector constituency that supports education reforms.
The Bayanihang Pampaaralan donated ingredients for Baking and Pastry Production Course at ______ North High School Main.
The Bayanihang Pampaaralan donated ingredients for Baking and Pastry Production Course at ______ North High School Main.
The BRODGe Project stands for:
The BRODGe Project stands for:
The BRIDGe Project promotes exclusive business practices.
The BRIDGe Project promotes exclusive business practices.
Which region of the Philippines can attest to the success of the BRIDGe Project?
Which region of the Philippines can attest to the success of the BRIDGe Project?
The BRIDGe project developed the Business Sustainability Framework, serving as a guide for future ______.
The BRIDGe project developed the Business Sustainability Framework, serving as a guide for future ______.
Match the following corporate philanthropy programs with their primary focus:
Match the following corporate philanthropy programs with their primary focus:
What is the primary goal of corporate social responsibility as expressed in the Recurring Activity?
What is the primary goal of corporate social responsibility as expressed in the Recurring Activity?
Strategic values are irrelevant to a company's decision-making processes.
Strategic values are irrelevant to a company's decision-making processes.
Identify a key strategic value emphasized in the recurring activity related to business operations.
Identify a key strategic value emphasized in the recurring activity related to business operations.
A company's corporate social responsibility entails the _________ fulfillment of its economic, legal, ethical, and philanthropic responsibilities.
A company's corporate social responsibility entails the _________ fulfillment of its economic, legal, ethical, and philanthropic responsibilities.
An organization that leverages the talent and passions of its employees to catalyze its community investment strategies likely operates at which level of corporate citizenship based on the skills-based volunteerism model?
An organization that leverages the talent and passions of its employees to catalyze its community investment strategies likely operates at which level of corporate citizenship based on the skills-based volunteerism model?
Corporate philanthropy primarily focuses on short-term gains and immediate profit for shareholders.
Corporate philanthropy primarily focuses on short-term gains and immediate profit for shareholders.
Provide an example of a benefit that a company implementing strategic philanthropy might receive, beyond direct financial returns.
Provide an example of a benefit that a company implementing strategic philanthropy might receive, beyond direct financial returns.
Flashcards
Strategic Philanthropy
Strategic Philanthropy
A business concept where companies perform charitable deeds and receive indirect financial benefits.
Strategic Philanthropy (in practice)
Strategic Philanthropy (in practice)
When a company connects with a non-profit organization or cause for mutual benefit.
Brand Awareness and Strategic Philanthropy
Brand Awareness and Strategic Philanthropy
Increased awareness of a company's brand through strategic philanthropic activities.
Workplace Volunteerism Benefits
Workplace Volunteerism Benefits
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Supporting Employee Volunteerism
Supporting Employee Volunteerism
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Philippine Business for Social Progress (PBSP)
Philippine Business for Social Progress (PBSP)
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PBSP's Goal
PBSP's Goal
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NutriSapat, Batang Angat
NutriSapat, Batang Angat
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Objective of NutriSapat
Objective of NutriSapat
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NutriSapat & Community Education
NutriSapat & Community Education
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Water Insecurity
Water Insecurity
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PBSP's Water alliance
PBSP's Water alliance
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EDUCATION PROGRAM: Bayanihang Pampaaralan
EDUCATION PROGRAM: Bayanihang Pampaaralan
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BRIDGe
BRIDGe
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BRIDGe Objective
BRIDGe Objective
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Study Notes
- Strategic philanthropy combines company goals with the desire to improve the well-being of humanity.
- Cause-related marketing and community partnering are two common names for strategic philanthropy.
- Strategic philanthropy connects a company with a non-profit or cause.
- Businesses that engage in strategic philanthropy can receive benefits. Exposure, lead generation, employee retention, and increased performance and productivity are some benefits.
Strategic Philanthropy Defined
- Strategic philanthropy is a business concept where companies perform charitable deeds and receive indirect financial benefits from these actions.
- It involves partnership with a non-profit organization.
- Funds or other resources used to benefit a worthy cause.
- Brand awareness and positive public association with the company are increased.
- Corporations are key funding sources for non-profits, providing funding that may be hard to secure otherwise.
- To execute strategic philanthropy, form a relationship with a non-profit.
- A key element of marketing is brand awareness, which strategic philanthropy helps to achieve.
- Consumers may remember a corporation's strategic philanthropy when deciding between alternatives.
Benefits of Philanthropy and Volunteerism
- Workplace volunteers tend to be loyal and satisfied employees.
- Workplaces foster a sense of community by providing opportunities to help with charitable causes.
- Efforts to support employee volunteerism and philanthropy commonly include paid time off.
- Organizing volunteer events and service days is a common effort.
- Matching employee charitable donations is a common effort.
- Strengthened bonds with colleagues and neighbors are fostered thought these initiatives.
- Companies that want to attract and keep younger workers, especially Millennials, should focus on giving back
- Millennials are interested in organizations that are active in philanthropy and community service.
- According to a 2015 Deloitte Millennial survey, 6 in 10 Millennials chose their employer because of a sense of purpose.
- Philanthropy is effective at engaging employees seeking to contribute to local communities and society and to build a culture around problem-solving.
- In 2014, 84% of Millennials made a charitable donation, but only 22% did so through their company.
- Employers can develop volunteer programs to increase hands-on involvement.
- Footwear Company Timberland offers employees 40 paid hours annually for volunteer activities.
Role of Human Resource Management
- Volunteer and philanthropy programs are often developed by HR staff.
- Senior leadership and the marketing department can also be key drivers of the program.
- To ensure proper development, appropriate causes should be selected.
- Set activity guidelines
- Keep it voluntary
Corporate Philanthropy Programs
- The Philippine Business for Social Progress (PBSP) is the largest business-led NGO focused on strategic corporate citizenship and business sector leadership.
- Established in 1970, PBSP contributes to sustainable development and poverty reduction.
- PBSP scales up impact through the Collective Impact strategy to solve complex problems.
- Platforms for Collective Engagements (PLACES) are organized to align and sustain initiatives by multiple stakeholders.
Health Program: NutriSapat, Batang Angat
- The Supplemental Feeding Program, "NutriSapat, Batang Angat," supports Filipino childre. who are underweight
- Registered children receive supplementary dietary support for 120 days.
- Target communities are educated on proper nutrition, mindful eating habits, and sustaining nutritious food sources.
- FAITH (Food Always In the Home) gardening helps communities sustain their own nutritious food.
The program's main objectives
- Reduction of stunting and wasting among children under five years old.
- The nutritional status of children under five years of age is improved.
- Families are capacitated to observe and promote healthy eating habits among their children.
- Food security is promoted in communities through capacitating parents to install and manage vegetable gardens.
Environment Program: Water Alliance
- The Philippines is anticipated to have severe water shortages in major river basins by 2025.
- 16 million Filipinos still lack safe drinking water due to declining fresh water resources from climate change, pollution, and increased demand.
- This water insecurity impacts health, education, safety, and time available for livelihood activities.
- PBSP launched the Water Alliance in August 2015 to solve water problems in the Philippines.
- The Water Alliance has evolved into a multi-sectoral consortium and aims to provide safe drinking water to 190 waterless communities.
- The alliance encourages 140 companies to lower water footprint and treat wastewater.
- It participates in policy development for water security and develops area-based solutions through research.
- A family in San Martin, Bamban, Tarlac, is the beneficiary of an installed water system.
- 39 communities including schools are provided with potable water systems worth PhP81,000,000 with funding support.
- Support of advocacy for water footprint management and reduction.
- Two water demand management training sessions participated in by 21 companies and academic institutions.
- Contributions to discussions and consultations for the Philippine Water Supply and Sanitation Master Plan.
Education Program: Bayanihang Pampaaralan
- The Bayanihang Pampaaralan focuses on building public school capabilities and influencing systems of education change.
- This program enables HS graduates to be ready for work, entrepreneurship, or college.
- PBSP established the Bayanihang Pampaaralan Initiative as a platform to generate private sector constituency for education reforms.
- This supports Senior High Schools (SHS) to produce graduates for the workforce.
- Cebu job fairs resulted in 1,516 qualifications out of 1,911 interviews, with 209 being hired on the spot.
- Cagayan de Oro job fairs resulted in 21 graduates hired on the spot out of 50.
- PBSP donated ingredients for courses such as Baking and Pastry Production at Pasay North High School Main.
Livelihood Program: BRIDGe Project
- Inclusive Business (IB) has been effective in improving the lives of poor Filipinos.
- The gains are demonstrated through the Brokering Business Investments in the Bangsamoro to Achieve Inclusive Development and Growth (BRIDGE) Project.
- BRIDGE, a PBSP project in partnership with Hineleban Foundation, Inc., and RBOI-ARMM, promotes the Business Sustainability Framework in the Bangsamoro.
- Offers a guide for future investors with the Investor's Guide called CLICK.
- Agricultural companies in ARMM have adopted the IB model, improving business and inclusiveness.
- Local workers are employed, competitively compensated, and provided with income through a cooperative.
- Children are given scholarships and guaranteed jobs post-graduation.
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