Podcast
Questions and Answers
What is strategic philanthropy?
What is strategic philanthropy?
A business concept whereby companies perform charitable deeds and receive indirect financial benefits from these actions.
Corporations cannot be important sources of funding for non-profit organizations.
Corporations cannot be important sources of funding for non-profit organizations.
False (B)
To execute strategic philanthropy, a company must form some sort of relationship with a for-profit organization.
To execute strategic philanthropy, a company must form some sort of relationship with a for-profit organization.
False (B)
One of the least important aspects of marketing is brand awareness.
One of the least important aspects of marketing is brand awareness.
What are participants in workplace volunteer activities more likely to be?
What are participants in workplace volunteer activities more likely to be?
Efforts to help employees with volunteerism and philanthropy commonly include:
Efforts to help employees with volunteerism and philanthropy commonly include:
What generation is keen on organizations that are active in philanthropy and service to the community?
What generation is keen on organizations that are active in philanthropy and service to the community?
According to the 2015 Deloitte Millennial survey, what do Millennials say is the reason they chose to work for their current employer?
According to the 2015 Deloitte Millennial survey, what do Millennials say is the reason they chose to work for their current employer?
Timberland offers its employees how many paid hours per year to spend on volunteer activities?
Timberland offers its employees how many paid hours per year to spend on volunteer activities?
Volunteer and philanthropy programs often develop through the efforts of what department?
Volunteer and philanthropy programs often develop through the efforts of what department?
What is the largest business-led NGO at the forefront of strategic corporate citizenship and business sector leadership?
What is the largest business-led NGO at the forefront of strategic corporate citizenship and business sector leadership?
What strategy does PBSP adopt to solve large, complex, systemic problems?
What strategy does PBSP adopt to solve large, complex, systemic problems?
What does the Supplemental Feeding Program "NutriSapat, Batang Angat" cater to?
What does the Supplemental Feeding Program "NutriSapat, Batang Angat" cater to?
Aside from the provision of dietary supplement for the children, what will households within the target communities be educated on?
Aside from the provision of dietary supplement for the children, what will households within the target communities be educated on?
By what year is the Philippines is anticipated to have severe water shortage in major river basins?
By what year is the Philippines is anticipated to have severe water shortage in major river basins?
When did PBSP launch the Water Alliance
When did PBSP launch the Water Alliance
What does programme shall enable HS graduates to be ready for?
What does programme shall enable HS graduates to be ready for?
The Bayanihang Pampaaralan Initiative is a platform to generate public sector constituency that supports education reforms.
The Bayanihang Pampaaralan Initiative is a platform to generate public sector constituency that supports education reforms.
What project developed the Business Sustainability Framework in the Bangsamoro?
What project developed the Business Sustainability Framework in the Bangsamoro?
Several agricultural companies in ARMM have not adopted the IB model and improved their business operations in support of inclusivity.
Several agricultural companies in ARMM have not adopted the IB model and improved their business operations in support of inclusivity.
Flashcards
Strategic Philanthropy
Strategic Philanthropy
A business concept where companies perform charitable deeds and receive indirect financial benefits from these actions.
Strategic Philanthropy Execution
Strategic Philanthropy Execution
Partnering with a non-profit to perform a good for society.
Brand Awareness
Brand Awareness
Increased public awareness of a company through good deeds.
Employee Loyalty
Employee Loyalty
Signup and view all the flashcards
Volunteer benefits
Volunteer benefits
Signup and view all the flashcards
Millennial generation
Millennial generation
Signup and view all the flashcards
Collective Impact Strategy
Collective Impact Strategy
Signup and view all the flashcards
Philippine Business for Social Progress (PBSP)
Philippine Business for Social Progress (PBSP)
Signup and view all the flashcards
NutriSapat, Batang Angat
NutriSapat, Batang Angat
Signup and view all the flashcards
NOURISHING MIND
NOURISHING MIND
Signup and view all the flashcards
Water Insecurity
Water Insecurity
Signup and view all the flashcards
Water Alliance
Water Alliance
Signup and view all the flashcards
Bayanihang Pampaaralan
Bayanihang Pampaaralan
Signup and view all the flashcards
BRIDGe Project
BRIDGe Project
Signup and view all the flashcards
Study Notes
- Strategic philanthropy entails companies undertaking charitable actions that lead to indirect financial gains
Strategic Philanthropy Defined
- Strategic philanthropy involves partnering with a non-profit organization
- It uses company funds or resources to contribute to good causes
- Boosts brand awareness, fostering a positive public image of the company
- Corporations serve as vital funding sources for non-profits
- A company must establish a relationship with a non-profit to execute strategic philanthropy
- Brand awareness is a key aspect of marketing, which is enhanced through strategic philanthropy
- Consumers may remember a corporation's philanthropic activities when making purchasing decisions
Benefits of Philanthropy and Volunteerism
- Employees in workplace volunteer programs are more likely to be loyal and satisfied employees
- Providing opportunities to volunteer can foster a sense of community in the workplace
- Ways a company can encourage volunteerism and philanthropy:
- Providing paid time off for volunteer activities
- Organizing volunteer events
- Matching employee charitable donations
- Initiatives strengthening bonds between employees and neighbors is advantageous
- Giving back through volunteer programs will attract younger workers
- According to a 2015 Deloitte Millennial survey, 6 in 10 Millennials chose their current employer due to a sense of purpose
- Volunteering is an effective way to engage young employees
- A Footwear Company Timberland, based in Stratham, N.H., provides employees with 40 paid volunteer hours per year
- HR departments play a role in volunteer and philanthropy programs, as does senior leadership and the marketing department
- Keys to a good employee volunteer program
- Select proper causes
- set activity guidelines
- Keep it voluntary
Corporate Philanthropy Programs
- Philippine Business for Social Progress (PBSP) is the largest business-led non-governmental organization NGO
- PBSP contributes to strategic corporate citizenship, business sector leadership, sustainable development, and poverty reduction
- PBSP adopts the Collective Impact strategy to address complex issues
- Platforms for Collective Engagements (PLACES) ensures alignment and sustainability of initiatives
- NutriSapat, Batang Angat is a supplemental feeding program for Filipino children who are below an ideal weight
- Undernourished children are registered and receive supplementary dietary support for 120 days
- Households are educated on proper nutrition, eating habits, and sustaining nutritious food sources
- FAITH (Food Always In the Home) gardening is promoted as a specific type of backyard gardening
- The NutriSapat Program's objectives:
- Reduce stunting and wasting among kids under five
- Improve their nutritional status
- Help families cultivate healthy eating habits
- Promote food security by teaching parents to manage their own vegetable gardens
- Water Alliance addresses water insecurity in the Philippines
- The Philippines is anticipated to have a severe water shortage in major river basins by 2025
- Many Filipinos lack access to safe drinking water and fresh water resources are declining
- Water Alliance was launched in 2015 to solve water problems in the Philippines
- Provides safe drinking water to 190 communities, and encourage companies to lower water consumption
- Bayanihang Pampaaralan focuses on building the capability of public schools and impacting educational systems to enable HS graduates to be ready for work or entrepreneurship
- PBSP established the Bayanihang Pampaaralan Initiative as a platform to generate private sector support for education reforms
- Bayanihang Pampaaralan, PBSP donated ingredients for Baking and Pastry Production Course at Pasay North High School Main
- Job fairs in Cebu and Cagayan de Oro show transition to employment was greatly improved
- BRIDGe Project shows Inclusive Business (IB) uplifts the lives of poor Filipinos in ARMM
- BRIDGe a project implemented by PBSP developed the Business Sustainability Framework in the Bangsamoro which is a guide for future investors
- Multiple agricultural companies implemented the inclusive business model
- Locals receive sustainable income, competitive benefits, with children receiving scholarships
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
