Donating cash to charitable causes is the most common form of CCI.
This can take the form of donations to local, national and international organisations/appeals, and includes employer matching of employee giving and fundraising.
Many employers now organise their charitable giving through their own foundation. There has been a great increase in the number of employers registering new foundations or re-energising old foundations in the last ten years.
A report on corporate foundations published by Business in the Community offers practical advice and recommendations to employers thinking of setting up foundations.
It also discusses the advantages and disadvantages to the foundation model, but on balance concludes that they are a “good thing” providing a useful formality and structure to large scale company giving.
Available via pdf from www.bitc.org.uk
Many employers ensure that their giving is strategically aligned to their CSR and CCI business cases – looking to sustainable outcomes, strategic partnerships development, impact measurement and tangible business benefit.
