Definition of Corporate philanthropy:
The charitable donations of profits and resources given by corporations to nonprofit organizations. Corporate philanthropy generally consists of cash donations but can also be in the form of use of their facilities or volunteer time offered by the companys employees. Donations are generally handled directly by the corporation or by a foundation created by the firm.
How to use Corporate philanthropy in a sentence?
- I studied corporate philanthropy in school and it made me really happy because I had never studied anything so interesting before.
- As a leader in corporate philanthropy , the large bank has donated millions of dollars to fund research into various debilitating diseases.
- You should try to get involved in corporate philanthropy if your business can handle the extra expenditure at the moment.
Meaning of Corporate philanthropy & Corporate philanthropy Definition