Page 15 - Social_Philanthropy
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        On the other hand, if a company decides to take a longer route and invest money in the community itself,
        then there are other disadvantages. The business must form a team and decide how much money to give
        and where to give it in order to have the greatest impact. The decisions affect not only the duration of the
        project, but also any accompanying marketing. In the end, the company must be prepared to spend time,
        money and decision-making power on a project that has no direct benefits (StockCrowd, 2019).


        3.4 Best practices and cases





                                                             With offices in 70 cities and over 40 countries, no
                                                             one could say that Google is not a global company,
                                                             and its philanthropy is no exception to the rule.
                                                             New York, the United Kingdom, Germany and
                                                             other places in the world can witness this. The
                                                             enthusiasm of its employees has made it possible
                                                             for the company to boast a great social
                                                             commitment, since last year alone more than
                                                             6,500 of them provided nearly 80,000 hours of
                                                             service in non-profit organizations for different
                                                             causes and the company has already doubled 21
                                                             million in donations to more than 9,000
                                                             organizations worldwide.




                                                             When Tim Cook took the reins of Apple in 2011,
                                                             he almost immediately established a donation
                                                             program among his collaborators; since then
                                                             the company has given more than $25 million in
                                                             donations, which it has doubled to reach different
                                                             causes around the world. By October 2014, Apple
                                                             expanded this program to include all countries in
                                                             which it is present.


                                                             Other Silicon Valley companies have been
                                                             criticized for the lack of corporate philanthropy,
                                                             although many seem to differ only in the way they
                                                             support different causes. While Tim Cook likes to
                                                             encourage his collaborators to get involved with
                                                             his commitment, Facebook CEO Mark Zuckerberg
                                                             prefers to keep the business separate from his
                                                             philanthropic activity.
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