By Linda Lysakowski, ACFRE
CAPITAL VENTURE CEO/President
Most fundraisers all well aware of the fact that during 2009, only about 4 percent of philanthropic giving in the United States came from the
corporate sector. For many years, I have proposed that this figure could be raised in nonprofits added a more personal touch to their corporate
fundraising. In fact, I would love to see universities and other large institutions eliminate their Corporate/Foundations Relations offices. Corporations
are not foundations (although many of them do have corporate foundations that handle their philanthropic giving) nor do the two entities have similar
philanthropic philosophies. Foundations are in the business of giving money away! Corporations and businesses have a different purpose: to make money
for their stockholders or owners. However, this does not mean that corporations are money-grubbing, totally self-interest driven, and tight-fisted.
Many businesses, although bottom line is critical to their existence, are excellent corporate citizens, supportive of their community, and concerned
about the people living in these communities. Read more