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FROM OUR BLOG
Navigating the Corporate Philanthropy Regulatory Compliance Landscape
Navigating the Regulatory Compliance Landscape in Corporate Philanthropy There is a dizzying array of regulations in corporate philanthropy. How do you ensure you are compliant and avoid the risks that can diminish your philanthropy impact? Over the years, corporate philanthropy has evolved from a series of disconnected individual acts to a vital strategic component of a company’s corporate social responsibility (CSR) program… and has attracted increased regulatory scrutiny of the recipients of corporate largesse for links to international money laundering, organized crime, terrorism financing, financial mismanagement, fraud, and related issues. Therefore, to avoid reputational risk and deeper legal/tax/financial infringements, companies must ensure full regulatory compliance and due diligence before the disbursement of funds or other forms of corporate giving, and can do so with technology-enabled vetting solutions. Vetting allows organizations to review nonprofit organizations that receive tax exemptions from the Internal Revenue Service and file an annual report, called a 990, which guides how they operate and an overview of their program spending.
Going Above and Beyond: Recognizing Companies for Their Care and Compassion Efforts During the Pandemic
Going Above and Beyond: Recognizing Companies for Their Care and Compassion Efforts During the Pandemic PEOPLE Magazine and Great Places To Work Survey Results Identify Top U.S. Companies that Stand Out in Support of Employees and Communities During the COVID-19 Pandemic. We know that our clients are all incredible and it is always an honor to help them Make Incredible Happen every day. With a heartfelt thank you to all the companies that have made a difference in their employee lives and in the communities they serve, we want to take a moment to recognize our client community and the outstanding contributions they have made during this tumultuous year.
The Results Are In: CAF America Survey
The Results Are In How The Giving Landscape and Strategic Initiatives Have Changed During COVID-19 If the pandemic has shown us anything, it's that to survive and thrive, we need to be prepared for the unpredictable. While that sounds daunting and even impossible, it’s the job. Corporate giving is sound in its meaning and purpose. But if it is ineffective in a time of crisis, what good is it? Your corporate giving strategy is more important now than ever. The pandemic has forced many organizations to reevaluate their strategic approaches to philanthropy - from giving and engagement, to the disbursement of funds. Where barriers to giving were erected early on in the pandemic, innovation and optimization prevailed, and recent survey data demonstrates, we have witnessed incredible acts of generosity domestically and internationally. With the onset of the pandemic, like most, we didn’t know what to expect.
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