At some companies, employee committees make giving recommendations about projects they believe are worthy of support. The corporate foundation is subject to the same rules and regulations applicable to other private foundations. Corporate Fund Companies can create their own donor advised funds at a community foundation of their choosing. For more information on this option, see Give to or through a Community Foundation. In addition to awarding cash grants to charity, companies often offer to match their employees gifts of cash and volunteer time to nonprofit organizations.
Companies sometimes match gifts that their employees make through workplace giving programs.
Encourage employee participation. Manage the process. Have a rationale for what you are doing, develop guidelines and objectives, budget your giving and stay focused. Keep top management involved. The single most important ingredient for starting a corporate giving program is a strong value and support for corporate giving from top management.