Top of Page Develop a corporate program A business owner can develop a philanthropic corporate program in the form of either a corporate foundation or a corporate giving program. In both instances, the supporting funds come from corporate profits. For most corporate programs, philanthropic priorities serve the communities in which their employees live and work. Corporate foundations are often started with a single gift, then funded on an annual basis, as profits allow. Legally, these foundations operate as private foundations.
Officers are generally the company owners and key executives.
Corporate giving programs are established as ongoing corporate entities and funded as part of the parent corporation's operating budget. Corporate contributions staff manage the corporate giving budgets, often directed by the company's chief executive officer and other key executives. Companies also offer in-kind donations of goods and services, as well as organizing workplace volunteer efforts to meet community needs. Top of Page Giving circles This way of giving can take on many forms. It can be a large organization with committees put together to perform different grantmaking functions, or a small group of friends gathering together informally to pool their funds.