Maria Lamagna | January 15, 2016

Why your boss wants you to donate to charity

If you’ve noticed extra emphasis from your employer on volunteering and donating to charity, you’re not alone.

There’s been a jump in employee giving and volunteering in the last few years, and experts say the trend will likely continue.

America’s Charities, a coalition that comprises 180 charitable organizations, surveyed 120 companies with more than 600,000 employees between them and found that for large companies (those with more than 5,000 employees), year-round giving, volunteer opportunities and payroll contributions to charities all increased from 2013 to 2015.

In 2015, 85% of large companies provided opportunities for year-round giving, compared with 50% of large companies surveyed just two years earlier.

Why such a big increase?

Employee engagement is about giving, but it’s also about business, said Kim Young, the vice president of business development for America’s Charities. “There’s a business value in retaining employees and having employees that want to remain involved and engaged in that company and not go to another company where they don’t feel supported.”

“Corporations are trying to differentiate themselves as good corporate citizens,” said Elizabeth Ngonzi, an adjunct faculty member at New York University’s Heyman Center for Philanthropy and Fundraising and the U.S. chief executive of Afrika Tikkun, a South Africa-based charity.

>> Continue Reading on MarketWatch

Get Resources and Insights Straight To Your Inbox

Explore More Articles

Women’s Health Month

April 8, 2024

May is Women’s Health Month, a time when we focus on the importance of taking care of ourselves and our health. This month is an…

Read Article

Military Spouse Appreciation Day

April 8, 2024

May 10 marks the celebration of Military Spouse Appreciation Day, a time to honor and recognize the immense contributions made by military spouses in supporting…

Read Article

Melanoma and Skin Cancer Awareness Month

April 8, 2024

Melanoma is an aggressive form of skin cancer. In addition to the skin, melanoma may also occur in mucous membranes – thin, moist layers of tissue that cover surfaces…

Read Article

Get Resources and Insights Straight To Your Inbox

Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.

newsletter-mock