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Employee Volunteering is More Than Corporate Social Responsibility

VolunteerMatch Aug 1, 2018
This article is deemed a must-read by one or more of our expert collaborators.
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Employee Volunteering is More Than Corporate Social Responsibility
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Giving Compass’ Take:

• The author highlights the benefits of consistent employee volunteer programs rather than only a couple of big employee volunteer events. 

• Limiting the number of volunteer opportunities does not take into consideration the interests and passions of the individual employees. How can employees become more involved in the planning of corporate volunteer initiatives? 

• Read about how to build a corporate nonprofit volunteer partnership. 


Team-building is a great reason to volunteer. Employees who volunteer together have the opportunity to form closer bonds. At larger companies, a corporate volunteer event might be an employees’ first interaction with a co-worker from a different team or department.

But that’s only part of the equation.

Not everyone likes to volunteer the same way. By restricting your company’s volunteer initiatives to a few large events per year, you’re also restricting employees’ individual passions and skills. People who opt-out of these large-scale volunteer activities won’t have the opportunity to feel like they’re making a difference in their community.

To start, offering variety in the type of group volunteering your company does is key. Not everyone enjoys using their hands to volunteer (although some do!).

Also, empower volunteers to find their own way to give back. Offering volunteer time off (VTO) is a fantastic way to allow your employees to explore their passions.

Read the full article by Tessa Srebro about Corporate Social Responsibility  from VolunteerMatch

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Corp Giving and CSR is a complex topic, and others found these selections from the Impact Giving archive from Giving Compass to be good resources.

  • This article is deemed a must-read by one or more of our expert collaborators.
    Click here for more.
    UBS Brought the Bond Market to Philanthropy and It Paid Off

    Giving Compass' Take: • Bloomberg reports on the strong performance of a development-impact bond to fund girls' education in India from UBS, and what it might mean for similar impact investing efforts down the line. • Bonds such as this one and others have been more prevalent in recent years, but those in the sector may still be unfamiliar with how they work. Will success stories such as the Educate Girls Development Impact Bond make a difference in overall perception? • Learn more about the nuts and bolts of innovative financing through impact bonds here. The world’s first development-impact bond to fund girls’ education in India performed better than expected, suggesting the tools of the fixed-income market can be harnessed to supercharge philanthropy in emerging markets. UBS Group AG’s Optimus Foundation launched the first-of-its-kind $270,000 Educate Girls Development Impact Bond in 2015 to fund a program in a remote district of Rajasthan to improve schooling opportunities for girls. The program outperformed its goals and the foundation earned a 15 percent internal rate of return, said Phyllis Costanza, chief executive officer of the UBS Optimus Foundation. “This could potentially be a really powerful financing tool,” Costanza said in an interview Thursday. Development-impact bonds are a twist on a growing effort to use financial structuring to back projects that address broader societal goals. About 108 social-impact bonds have raised $392 million since 2010 for causes such as reducing prisoner recidivism, fighting obesity in at-risk populations and helping refugees find employment, according to U.K. nonprofit Social Finance. Read the full article about UBS, the bond market and philanthropy by Emily Chasan at Bloomberg.com.


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