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Jul 27, 2009

Corporate Giving in Times of Change

by Jerry Jaker
Corporate Giving in Times of Change

On the heels of the 2008 economic downturn, MIPH and most other nonprofits I know of are re-thinking how they approach for-profit corporations for philanthropic support.

One thing’s for sure: times continue to change. Danish author Isak Dinesen observed that “God made the world round so we would never be able to see too far down the road.” Our plans can’t be written in granite; more like with a No. 2 lead pencil.

I noticed in a recent issue of The Nonprofit Times that an emerging trend among for-profit corporations is to better align their giving with their own best business interests. So you see Home Depot providing building materials and money for Habitat for Humanity; you see Ben & Jerry’s Ice Cream creating a new flavor Imagine Whirled Peace, presumably with a share of the proceeds going toward the nonprofit organization Peace One Day.

What this means, I believe, is that nonprofits need to become more strategic in their asking. We need to read, align, and focus our requests to make it a win-win for corporate philanthropy.

So at MIPH, we are re-thinking, aligning, and focusing our development efforts in a way that is likely to be more successful. How is YOUR nonprofit addressing this? 

--JJ

 

 

Posted on July 27, 2009 - 7:41am by Jerry Jaker

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