Tuesday, August 16, 2016

Determining a Fitting Charity to Partner With

The business experts at Corporate Business Solutions know firsthand that small businesses looking to be philanthropic have many options today. Our business experts can help business owners navigate the world of charity. 

If your business is looking to establish a new corporate giving program, we have some tips that may help you determine a fitting charity to partner with:
  1. Research charities: 
  • Identify what factors are important to you and your business, such as the environment, education, animal welfare, children, etc. 
  • Decide if you want to partner with a charity that does work in a specific area, including your neighborhood, region, the nation or internationally.
  • Determine if you want to support a large or small charity, a new or an old one.
  • Review the mission. Are their goals in line with the goals of your philanthropic endeavors?
  1. Evaluate your list of charities:
  • Check a charity's legitimacy. Does the IRS recognize the organization as tax exempt? If the organization is faith-based, you can ask to see its official listing in a directory for its denomination.
  • Obtain the facts. A reputable organization will define its mission and programs clearly, have measurable goals and use concrete criteria to describe its achievements.
  • Be sure to compare charities that do the same kind of work, especially if you're looking at their finances. The type of work a charity does can affect its operating costs dramatically.
  • Avoid charities that won't share information or pressure you. Reputable nonprofits will discuss their programs and finances and are willing to send you literature about their work or direct you to a Website.

To learn more and / or to schedule your complimentary appointment with the experts at Corporate Business Solutions, call us at 877-357-9366.

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