Charitable Giving for Businesses
Blessing Health • July 6, 2021
It doesn't matter how big or small your company is, there are many ways that your business can give back to charity and your local community. There are also plenty of benefits for companies that do give back. At Blessing Foundation, we know just how rewarding it can be to help people in need, so if you plan to make more nonprofit donations, here's how your business can get involved.
How Businesses Can Give to Charity
There are many ways for businesses to make charitable giving a top priority. Some great ways to do this include:
Matching employee donations:
Do you have some employees who already give to charities and other organizations? You likely do. You can begin matching employee donations to specific charities or make it easier for them to hold a fundraiser for a cause that's close to their heart.
Encouraging donations of time:
Your local charities and community organizations likely need more than monetary donations. You can also encourage workers to donate their time to local charities that need manpower. You can encourage this with rewards at the office, like a catered lunch. For some employees, volunteering could end up becoming a habit.
Synchronizing your charity with your business:
It's also a wise idea to synchronize your charitable giving with your business. To use one example, do you sell items targeted at kids? Donate to charitable organizations that help children.
Sponsoring a local team:
Smaller sports teams and youth sports teams often need sponsors. This is an easy way to help out in your community, and it doesn't hurt that it helps get your name out there.
Benefits of Charitable Giving
Giving to charity doesn't just help out that charity. Making charitable giving a priority for your business can also benefit your company. When you give to charity it can:
Appeal to customers:
Whatever market you're in, you likely have some stiff competition to face. Consumers are becoming more concerned about where their money is going and what the companies they support are doing with their funds. Showing that you donate to charitable causes can make your customers feel good about choosing your business, and this can encourage continued loyalty.
Result in tax deductions:
Charitable donations can often be written off. These tax deductions can be good for the financial health of your business.
Make you a larger part of your community:
Your charitable giving can help you form a better relationship with other companies and organizations in your community. You become a more essential part of your community, you can build your network, and you can make new partnerships.
Learn More About How We Help
If you want to learn more about how the Blessing Foundation
can help, visit our website. We assist patients and their families at the toughest time in their lives, and we offer businesses and individuals plenty of options when it comes to how their gift is spent. Make a donation that will make an incredible difference today!
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