The CFO'S Perspective

Corporate Philanthropy: What is in Your Budget?

As head of CFO Selections corporate philanthropy initiatives, the question I get most often, especially now at budget time, from other company executives is, “What is the right amount of money to budget for donations?”

Before answering this question, I usually ask,

What are you hoping to achieve with your corporate philanthropy?”

Topics: Philanthropy Planning Budgeting

The Long View: Companies Establish Strong Foundations for Long-Term Goals

Published In: Puget Sound Business Journal - Corporate Citizenship Supplement
Author: Alisha Gomez
Excerpted from a longer article, on corporate foundations:

“For Tom Varga, managing partner at financial recruiting firm CFO Selections, corporate philanthropy had to be part of his company’s culture from the start.  ‘I don’t think a lot of businesses, when they get going, think about the fact that as a corporate citizens, there’s a larger responsibility other than making a profit for your shareholders,’ Varga said.

Topics: News Philanthropy