Why Corporations Are Vital For Philanthropy

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10/4/21, 10:01 AM

Why Corporations are Vital for Philanthropy | Wesley Oler IV | Community Leadership

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Why Corporations are Vital for Philanthropy by Wesley Oler IV | Oct 4, 2021 | Blog, Community Leadership, Wesley Oler IV

There was a time when philanthropy consisted of individuals and small congregations of churches and religious organizations. As society continued to develop and grow, it became clear that this was no longer sufficient to help those in need. Then the idea of corporations stepped in as a solution to some of these problems – but that is not without its challenges. Here is some information on why corporations are vital for philanthropy, as well as what they offer.

Why Corporations are Vital for Philanthropy It’s part of a Company’s Mission

At its heart, a corporation has a mission that it wishes to accomplish. Its mission might be to “be the best in class,” “produce the best quality product,” or “be the best at what we do.” These types of missions can benefit a corporation by creating a culture that encourages

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