Strategic Philanthropy and Corporate Social Responsibility

The video discusses how philanthropy can achieve more with fewer resources by being strategic and leveraging partnerships. It highlights the need for charities to adapt during economic downturns by stretching resources and seeking in-kind services. The video also explores the role of corporate giving in supporting communities, emphasizing the social contract between corporations and society.

What is a key strategy for doing more with less in philanthropy?

• Reducing the number of partners

• Expanding geographical reach

• Being more strategic and focused

• Increasing the number of projects

How can partnerships enhance the impact of philanthropic efforts?

• By working independently

• By focusing on different objectives

• By reducing communication

• By collaborating towards shared goals

What is a critical aspect of doing more with less in philanthropy?

• Expanding geographical reach

• Reducing the number of employees

• Harnessing the power of partnerships

• Increasing the number of projects

What approach should charities take during economic downturns?

• Reduce services offered

• Focus on in-kind services

• Expand to new areas

• Increase cash spending

How should charities adapt their services during economic downturns?

• By expanding to new areas

• By reducing services offered

• By increasing cash spending

• By focusing on in-kind services

How have companies changed their corporate giving during economic downturns?

• Dramatically changed their approach

• Stopped all philanthropic activities

• Increased cash donations

• Focused only on employee benefits

What realization have companies come to regarding their role in communities?

• They are independent of community success

• Their philanthropy is crucial for community thriving

• Communities do not rely on corporate support

• Philanthropy is not part of their responsibility

What is the impact of economic downturns on corporate giving?

• Complete halt of philanthropic activities

• Increased cash donations

• Dramatic changes in approach

• Focus only on employee benefits

Which companies are mentioned as having a history of community investment?

• Apple and Microsoft

• Johnson and Johnson, Goldman Sachs

• Tesla and SpaceX

• Amazon and Facebook

What is the evolving social contract between businesses and society?

• Businesses have no responsibility towards society

• Businesses should reduce employee benefits

• Businesses should focus solely on profits

• Businesses should invest in communities