Stanford Social Innovation Review : Informing and inspiring leaders of social change

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Corporate Philanthropy

Hidden Agenda

Corporations give away billions each year, but what’s the real reason why?

 

Each year, corporations give away billions of dollars in philanthropic gifts to improve education, safeguard the environment, promote the arts, and encourage a civil society. In the United States alone, corporations contributed $13.5 billion in 2003, according to the Committee to Encourage Corporate Philanthropy.

But what is the motivation behind corporate giving?

According to a study on business giving to the arts in the United Kingdom, corporate philanthropy is almost never altruistic....


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