Paying Foundation Board Trustees for their service is a touchy subject. Compensation deemed excessive or unreasonable may violate federal and state laws, and public sentiment polls heavily against the practice. The public’s expectation is that Charitable Foundations benefiting from favorable tax status will direct most of their money to charitable purposes.
We would all risk our lives to save a single person from drowning, yet will not make a donation that could save hundreds from relying on polluted well water. There is something about human nature that has difficulty empathizing with the many over the few. (more…)
From the boardwalk to the boardroom – CSR is growing up.
Bain Capital, private equity investors, has made a deal to purchase half of Toms Shoes, the exemplar of Corporate Social Responsibility (CSR). (more…)
Only 29% of America’s workforce is actively engaged in their organization, meaning they are psychologically committed to their jobs and likely to be making positive contributions.
Half (54%) of employees polled by Gallup are not actively engaged – and even worse, 18% identified as actively disengaged! (more…)
If the Coca-Cola Company is able to deliver its products in nearly every corner of the world, why not lifesaving medicines?
Their distribution strategy is famously “anywhere within arm’s reach of desire.” (more…)
Leaving a legacy is so much more than making a name for yourself – it’s about inspiring future generations. With families living further apart, shared philanthropy builds family identity and bonds that once grew naturally from living close by. (more…)
A few years ago, battling malaria became the cause du jour. Malaria is a worldwide epidemic that affects millions of people. An elegant solution emerged – donating mosquito nets, which are cheap and simple to distribute. (more…)
Simply put, philanthropy is a private pursuit to achieve a public good.
This article is about billionaire philanthropists and how they are stepping up to propel advances in the face of dwindling government budgets. (more…)