For Corporations, What Happens to Excess Charitable Contributions

question 54

Essay

For corporations, what happens to excess charitable contributions?

---

Definitions:

Sustainability

The practice of conducting business in a manner that does not compromise the ability of future generations to meet their needs, emphasizing environmental protection, social equity, and economic health.

Social Entrepreneurship

A practice of starting companies and other organizations to develop, fund, and implement solutions to social, cultural, or environmental issues.

Cause-related Marketing

A marketing strategy where businesses partner with causes or nonprofit organizations to promote a social issue or cause as part of their marketing efforts and to benefit mutually.

Strategic Philanthropy

Strategic philanthropy is a form of corporate social responsibility where companies align charitable activities with their business goals, often to achieve both social and business benefits.