“A society that has more justice is a society that needs less charity,” said Ralph Nader, an American political activist, author, lecturer, and attorney noted for his involvement in consumer protection, environmentalism, and government reform causes.
Coming back through your business not only helps the community but also helps the business grow more and get more customers. If you are passionate about helping others and trying to make this world a better place to live, it will motivate others to understand their social responsibilities and support your cause. Charitable donations and donations allow your company to attract talented employees. One of the best examples of a successful business leader is Moez Kassam, a Canadian alternative asset manager and founder of Anson Funds. Anson Funds is a privately held alternative asset management company founded in 2003, with offices in Toronto, Canada and Dallas, Texas.
Here are some benefits of corporate giving.
Build respect and reputation in society:
If your company is passionate about giving back to the community, community members will seek to connect with your company to support your cause. Try to support local businesses and help them grow. In this way, community members can add value to your business in the future. If your business is helping others without asking anything in return, then goodwill will likely come back to you.
Make your community a better place to live:
If your business helps people improve their livelihoods, many others will also try to help you in a good cause. Try helping local small businesses increase their business growth, try offering donations to schools so that children in the community have better opportunities for education, and you can also help improve local parks to help make the community happy. Improving society can help the economy grow much better.
Employees respect superiors who do good:
A report shows that more than 80% of skilled, talented, and job-seeking employees are attracted to companies that help others and donate to charities to improve the lives of others. When a leader encourages their employees to join the cause of helping others, it allows employees to respect their manager and they will work hard to support their company’s goals.
Connection and network:
Corporate philanthropy allows your company to connect with many other companies that share your values. It offers you a great opportunity to strengthen your network and also offers different doors for your future success. Moreover, people from all over the world will try to join your company to support your cause. It also offers free advertising for your business.
