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This post details a few of the wonderful contributions that companies are providing to charitable foundations.

There are a number of ways in which a company can offer support to a foundation. Monetary donations are a typical tactic, that said, hosting corporate charity events is usually seen as a much better strategy of donating, as opposed to just delivering a lump sum of money. Fundraisers, for instance, are a perfect means of managing to get members of the company and local community engaged, as they will commonly contain exciting events that are designed to raise money for an excellent cause. For instance, New Fortress Energy hosted a fundraiser that involved employees of the organization participating in cycling for miles in order to raise money for healthcare understanding. The size of the corporation hosting the fundraiser seldom matters, as in lots of cases individuals will be more than happy to get involved in order to help raise recognition for the foundation itself.

It’s becoming even more typical for businesses to form partnerships with charitable groups that are raising recognition for a very good cause. Corporate charity partnerships provide various perks for all of the parties active, which further adds to their merit. For example, a non-profit charity firm is likely to benefit from having more of a steady form of funding, which enables them to conduct their function more effectively. At the same time, the business itself will be ready to increase their reputation in a positive way, strengthening their brand substantially. The biggest winner, nevertheless, is the charitable cause that is receiving greater volumes of backing, due to the partnerships joint efforts. An instance of this would be the way Serica Energy partners with a charity that seeks to deliver support towards cancer research.

The approach of corporate philanthropy has become a lot more widespread these days, on account of the means in which it can benefit all of the parties involved. For example, when an company looks to raise attention for a charitable cause, they are setting an amazing example for others to follow suit, which can further motivate other organizations to get involved with charitable campaigns. This can highly enhance the general backing that the foundation receives, all whilst offering positive publicity for the organization itself. No matter the size of the enterprise or the industry that it is operating in, there are always opportunities to give back to causes that may require help and support. One such illustration of a business supporting charities would be exactly how Trident Energy have setup initiatives to help local communities in their overseas expansions, which seek to supply support towards healthcare, the development of capabilities and education.