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Definition of a donor-advised fund A donor-advised fund (DAF) is a solution for corporate philanthropy. Instead of managing grants from the company or in a private foundation, the donor puts his charitable contributions in an independent fund. This fund has its proper management. The donor can only advise the team . . . Read more
Definition Of Corporate Philanthropy Corporate philanthropy involves the act of donating to a charity or a foundation whose mission is to fight a cause and deliver social impact. The donations can consist of monetary help as well as in-kind contribution. Breaking Down Corporate Philanthropy The term philanthropy comes from ancient Greece and . . . Read more
Definition Of Product Donation There are multiple ways an individual/company can contribute to a noble cause: monetary support, cause related marketing, cause promotion and, last but not least, product donation. Also called in-kind contribution or gift in-kind, this form of charity is somewhat underrated. As a matter of fact, it . . . Read more
Definition Of Charity Causes Charity causes refer to the principles a charity stands for. The latter should always specify the aims and objectives it wants to achieve and the movement it supports. This way, it’s more likely to acquire donors and retain them. Breaking Down Charity Causes Clearly defining your causes . . . Read more